30-06-2020 22:18 via feedproxy.google.com

Dow caps off best quarter since 1987 as strong economic data drives gains

US stocks rose on Tuesday as better-than-expected economic data outweighed mounting concerns about surging COVID-19 cases.
The Dow Jones industrial average's 18% gain in the three-month period from April to June marked the index's best quarterly return since 1987.
US consumer confidence jumped in June by the most since 2011, exceeding economists' forecasts.
Coronavirus cases continue to climb in multiple US states, leading to new restrictions and rollbacks of reopening phases.
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