Stock Market Today: Nasdaq On Track to Wrap Quarter With 20% Gain
U.S. equity markets are closing out the second quarter with significant gains, positioning the Nasdaq for a 20% increase.
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What happened
The S&P 500 and Nasdaq are currently on track for their best quarterly performance since 2020. Market activity has included the Dow reaching toward a new record as the quarter concludes.
Coverage from the Wall Street Journal, Bloomberg, Axios, Yahoo Finance UK, and the Honolulu Star-Advertiser attributes the rally to strong earnings and easing oil prices. Some reports note this market growth has occurred despite the ongoing Iran war.
Observers are watching the final market close for the quarter to confirm if the indices sustain these gains. Whether the momentum carries into the start of the next quarter remains to be seen as coverage does not yet specify future projections.
Synthesized by headlinez.news from the headlines below under a strict no-invention contract. ✓ fact-checked: all claims supported by sources Updated 45d ago.
Sources (12)
- US stock futures steady after Wall St logs stellar qtr; Warsh speech awaited Investing.com · 45d ago
- S&P 500, Nasdaq Rode AI Boom to First-Half Records WSJ · 45d ago
- Stock market today: Dow hits record, S&P 500 jumps to cap best quarter since 2020 amid massive chip rally Yahoo Finance · 45d ago
- Roaring tech stocks deliver S&P 500, Nasdaq best quarters since 2020. Here are the key drivers behind the market rally. MarketWatch · 45d ago
- Dow futures dip after blue-chip index posts strongest first-half performance since 2021: Live updates CNBC · 45d ago
- S&P 500, Nasdaq post best quarter since 2020 despite Iran war Honolulu Star-Advertiser · 45d ago
- Strong earnings, easing oil prices drive Q2 stock rally Axios · 45d ago
- Stocks close out Q2, Nike earnings, egg prices and more in Morning Squawk CNBC · 45d ago
- Stock market today: S&P 500, Nasdaq rise, Dow eyes fresh record to wrap up standout quarter Yahoo Finance UK · 45d ago
- US Stocks Rise as Indexes on Track for Best Quarter Since 2020 Bloomberg.com · 45d ago
- S&P 500, Nasdaq Head for Best Quarter in Six Years WSJ · 46d ago
- Stock Market Today: Nasdaq On Track to Wrap Quarter With 20% Gain WSJ · 46d ago
Questions people are asking
How significant is the current quarterly growth?
The Nasdaq is on track to wrap the quarter with a 20% gain, and both the S&P 500 and Nasdaq are tracking toward their best quarterly performance since 2020.
What factors are driving the stock market rally?
According to Axios, the rally is driven by strong corporate earnings and easing oil prices.
Are there external factors influencing the market?
The Honolulu Star-Advertiser notes that the positive quarterly performance has occurred despite the presence of the Iran war.
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