The major stock indexes closed out a strong quarter with a mixed session. The Dow gained 66 points, and the S&P 500 advanced by 5. The Nasdaq lost three points. Twenty-seven of the Dow’s 30 components gained ground, led by Disney (DIS), which rose 1.8%. While the day was unremarkable, the quarter was a barn-burner with the Dow gaining 8%, the S&P advancing 12%, and the Nasdaq popping by 18%.
Today’s volume was light, and advancing issues outnumbered decliners by about four to three on the NYSE and decliners outnumbered advancers by seven to six on the Nasdaq. The prices of Treasuries weakened, while the price of gold futures gained 1% to $1,671.90 an ounce. The price of crude oil on the New York Mercantile Exchange gained 0.2% to $103.02 a barrel.
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