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U.S. stocks surge to notch best quarter since 1998


Optimism for reopenings and economic recovery helped consumer-discretionary stocks in the S&P 500 surge the most ever in the second quarter.

U.S. stocks climbed on the final day of the best quarter since 1998.

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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