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June 30, 2026 at 6:55pm ET
Stock Market Today: Nasdaq Advances, Climbs 21% for Quarter
S&P 500 also logged its best quarterly performance since 2020, despite market gyrations
U.S. stocks closed out a blockbuster quarter with fresh momentum.
Major indexes marched to their best quarterly gains in years. The S&P 500 rose 15% for the three months ended Tuesday and the Nasdaq jumped 21%—the biggest quarterly rallies for each index since the second quarter of 2020. The Dow Jones Industrial Average added 13%, its best quarter since 2022.
The latest gains occurred amid remarkable volatility, including as recently as last week, when tech stocks sold off. Investors returned to the trade again this week.
Meanwhile, investors were monitoring updates out of the Middle East, after President Trump said Monday that the U.S. would meet with Iran in Qatar on Tuesday. An Iranian official said Monday that Tehran hadn’t decided on the timing of the discussions. Oil prices fell.
Traders are also on high alert for currency intervention in the Japanese yen, which was hovering near a 40-year low. The currency is down roughly 3.5% against the dollar this year.
— By Caitlin McCabe
Read Original at WSJ →