S&P 500 Has Strongest Quarter In Six Years
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Donald Trump’s economic policies are working.
The S&P 500 had its best quarter since 2020.
In the last quarter, the S&P 500 rose almost 15%.
The S&P 500 marked its strongest quarter in six years on Tuesday for the three months that ended with June, as investors hoped for an end to the conflict between the United States and Iran.
The S&P 500 rose nearly 15% in the past quarter alone, according to the New York Times, marking its best quarterly showing since the same period in 2020 when the world was beginning to recover from the COVID-19 pandemic.
The massive showing was largely driven by market gains on Amazon, Apple, Microsoft, Alphabet, Meta, Tesla and Nvidia, which rose almost 30% from the end of March through the end of May.
The Dow Jones had its biggest quarterly jump since 2022.
The Nasdaq also had its best quarter since 2020.
The S&P 500 and Nasdaq finished June on Tuesday with their biggest quarterly gains since 2020 as investors remained upbeat about economic and earnings growth even amid the Middle East conflict.
The Dow had its biggest quarterly jump since 2022.
The indexes ended higher for the day as well, with the Dow registering a record closing high for the second straight day. Technology (.SPLRCT), opens new tab led gains among S&P 500 sectors, and an index of semiconductor stocks (.SOX), opens new tab finished 3.9% higher on the day.
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