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Dow caps off best quarter since 1987 as strong economic data drives gains - Business Insider

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Dow caps off best quarter since 1987 as strong economic data drives gains

Two crossed lines that form an 'X'. It indicates a way to close an interaction, or dismiss a notification.US stocks rose on Tuesday as better-than-expected economic data outweighed mounting concern over a second wave of COVID-19 cases.

The Dow Jones industrial average's 18% gain in the three-month period from April through June marked the index's best quarterly return since 1987.Coronavirus cases continue to climb in multiple US states, leading to new restrictions and rollbacks of reopening phases.US stocks rose on Tuesday as better-than-expected economic data outweighed mounting concern over a second wave of COVID-19 cases.

The Dow Jones industrial average's 18% gain in the three-month period from April through June marked the index's best quarterly return since 1987. Meanwhile, the S&P 500 saw its best gain since 1998 during the period, while the Nasdaq capped off its best quarter since 2001.by the most since 2011, exceeding consensus economist forecasts.

 

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But with a lot of states thinking about shutting down again it could cause another big drop on the stock market and also with less money these days I'm sure the holiday shopping season will be a disaster.

Surging just like COVID-19, one of those going to put a smile on Trump's face

A new way of misleading reader & investor are seen in Media Buzz word 'Better than expected' who set the bar for expectation instead of comparing with last month, last Yr In the whole article Economic Number or Data itself is missing👉It's called False propaganda by Media🤠

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