Optimism for reopenings and economic recovery helped consumer-discretionary stocks in the S&P 500 surge the most ever in the second quarter.
Bloomberg: U.S. stocks climbed on the final day of the best quarter since 1998 as investors assessed better-than-estimated economic data amid concern over new coronavirus cases and trade relations with China.
The S&P 500 extended its second-quarter rally to 20% as a report showed consumer confidence posted its biggest increase since 2011. The Nasdaq Composite Index soared 31% in the span, the most since ...
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