US: Stocks gain to finish banner quarter, shrugging off virus spike

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[NEW YORK] Wall Street stocks capped an historically strong quarter on a positive note Tuesday, again ending decisively higher and shrugging off a resurgence in US coronavirus cases. Read more at The Business Times.

On Tuesday, northeastern states facing elevated cases ordered visitors from additional states to quarantine.

"Collectively, everyone is on the page that we can flatten the curve again without having to go into a lockdown phase," Mr O'Hare said. But stocks in Shanghai gained after China said its June purchasing managers index of factory activity improved in May, beating forecasts. The non-manufacturing reading was also better than hoped.

 

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