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Post by bot on Jun 30, 2016 19:25:41 GMT -5
U.S. stocks rise for 3rd day; Dow, S&P end Q2 in the green
U.S. stocks logged their third day in a row of post-Brexit gains, bolstered by the expectation that some of the world's largest central banks will further expand their monetary stimulus efforts. The Dow Jones Industrial Average gained 235.31 points, or 1.3%, to 17,929.99, bringing it within 90 points of its pre-Brexit highs. The S&P 500 climbed 28.09 points, or 1.4%, to 2,098.86, within 20 points of its pre-vote highs. The Nasdaq Composite gained 63.43 points, or 1.3%, to 4,842.67, within 70 points of its highs pre-Brexit. Both the S&P and the Dow finished the second quarter with small gains of 1.2% and 1.7%, while the Nasdaq posted a slight drop of 0.5%. Both the S&P and Dow are positive for the year, while the Nasdaq is in the red.
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