U.S. stock indexes finished higher on Tuesday, capping the best quarter for Wall Street in around 20 years, after strong economic data helped to offset concerns around a rising COVID-19 tally in the U.S. The S&P 500
gained 1.5% to 3,100. The Dow Jones Industrial Average
rose 0.9%, or 217 points, to 25,812, based on preliminary numbers. The Nasdaq Composite
climbed 1.9% to 10,059. For the month, the S&P is up 1.8%, the Nasdaq gained 6%, and the Dow gained 1.7%. And for the second-quarter, the S&P jumped 18%, the Nasdaq soared 29.4%, and the Dow rose 15.6%. Market participants parsed joint testimony from Powell and Mnuchin about the U.S.’s economic response to the global public health disaster on Tuesday. In economic data, the Case-Shiller house price index rose 4% on an annual basis in April. Meanwhile, the index of consumer confidence rose to 98.1 this month from a revised 85.9 in May.