Stocks are wobbling on the last trading day of the quarter, as the World Health Organization warns “the worst has yet to come” with COVID-19.
But up around 16% and 18% respectively, the Dow DJIA, +2.32% and S&P 500 SPX, +1.46% are poised for the best three-month stretch since end-1998, though that doesn’t quite make up for ugly first-quarter losses. Beating all comers is the Nasdaq Composite, up 28% as technology stocks have largely emerged in decent shape from a tough six months.
Our call of the day advises sticking with the winners for the rest of the year. “We believe that the U.S will