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Wall Street close: Best quarter for US benchmarks  since 1998

US stock benchmarks ended higher on Tuesday, seeing off the best quarter for Wall Street since 1998.

The gains on Tuesday but still well below the record high it reached in February’s bullish and free of virus ladened trading, before the lockdowns were put in place to fight the coronavirus. 

The S&P 500 gained 1.5% to 3,100 while the Dow Jones Industrial Average. DJIA, added 0.9%, or 217 points, to 25,812. The Nasdaq Composite up on a further 1.9% to end at 10,059. 

For the month, the S&P closed up 1.8%, the Nasdaq gained 6%, and the Dow gained 1.7%. 

And for the second quarter, the S&P rallied 18%, the Nasdaq soared 29.4%, and the Dow ended higher by 15.6%. 

More to come…

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