Dow Caps Off Best Quarter Since 1987 As Strong Economic Data Drives Gains

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        <h2>Dow Caps Off Best Quarter Since 1987 As Strong Economic Data Drives Gains</h2>      
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    <p>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&amp;P 500 saw its best gain since 1998 during the period, while the Nasdaq capped off its best quarter since 2001.

Equities got a lift from data showing US consumer confidence jumped in June by the most since 2011, exceeding consensus economist forecasts. Read more………….

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ICARUS TV

CNBC’s “Squawk on the Street” crew discusses how the markets are being impacted by the surge of Covid-19 cases in parts of the United States and how investors are approaching the situation. 

https://youtu.be/i8EMdXhfJzk

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