How did US Stocks closed up the second quarter? In a historic moment, the second quarter was the best overall quarter since 1998 and best second quarter on record. This came about as a result of fiscal and monetary policy stimulus to boost up the economy, as well as loosening of lockdown measures through the economy superpower. At a glimpse, the Dow and Nasdaq rose about 17.5% and 30% respectively.
How would it perform in the coming days though, in light of the resurgence of new covid19 cases throughout the nation? It is left to be soon but keeping hopes flying high.
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