NEW YORK: Wall Street stocks rallied for a second straight session on Tuesday , concluding the best quarter for equities in more than two decades and shrugging off a resurgence in US coronavirus cases.
The second quarter comprised the period just after Wall Street stocks bottomed out in March in the immediate aftermath of sweeping shutdowns in the United States and Europe to stop COVID-19 outbreaks. On Tuesday, new coronavirus cases remained elevated as northeastern states broadened quarantines on visitors to include additional states and top infectious disease expert Anthony Fauci said the US was heading in the"wrong direction," warning cases could reach 100,000 a day if actions aren't taken.Briefing.
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