Author Topic: Stocks rally to cap off best quarter in decades  (Read 325 times)

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Offline mystery-ak

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Stocks rally to cap off best quarter in decades
« on: June 30, 2020, 09:53:56 pm »
Stocks rally to cap off best quarter in decades
By Sylvan Lane - 06/30/20 05:06 PM EDT

Stocks rallied Tuesday to cap off the best quarter for all three major U.S. indexes in several decades despite months of economic damage and anxiety driven by the coronavirus pandemic.

The Dow Jones Industrial Average gained more than 200 points, rising 1 percent Tuesday and nearly 18 percent for the quarter. The second quarter of 2020 was the steepest rise for the Dow since 1987, according to CNBC.

The S&P rose 1.5 percent to end the second quarter with a gain of nearly 20 percent, its best quarter since 1998, according to CNBC, while the Nasdaq posted its best quarter since 1999 with a gain of 30.6 percent over the past three months.

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https://thehill.com/policy/finance/505314-stocks-rally-to-cap-off-best-quarter-in-decades
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