Another strong session for technology shares lifts U.S. stocks to end the strongest quarter in years. The S&P 500 and Nasdaq post their largest advances since 2020 on expectations for rapid growth in spending to back artificial intelligence. Oil futures, meanwhile, post their biggest quarterly decline since 2020 on relief about the reopening of the Strait of Hormuz. DJIA gains 135 points, or 0.3%, to 52317, the S&P 500 rises 0.8% to 7499 and the Nasdaq climbs 1.5% to 26213. For the quarter the Nasdaq jumped21%, the S&P 500 rose 15% and the DJIA added 13%. (patrick.sullivan@wsj.com)
Dow Jones Newswires
U.S. Stocks End Blockbuster Quarter With Gains — Market Talk
Another strong session for technology shares lifts U.S. stocks to end the strongest quarter in years. The S&P 500 and Nasdaq post their largest advances since 2020 on expectations for rapid growth in spending to back artificial intelligence. Oil futures, meanwhile, post their biggest quarterly decl…