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Photo: Angela Weiss/AFP/Getty Images

U.S. stock indexes closed out a record-breaking second quarter on Tuesday, with all three of the major indexes ending higher on the day and each finishing the quarter with their best performance in at least 20 years.

By the numbers: The benchmark S&P 500 ended Tuesday up 1.5% for its third positive close in four days.

  • The index finished June up 1.8%, rising every month during the quarter. Its 20% gain for Q2 was the best quarterly performance since Q4 1998, when the index jumped 20.9%.
  • Still the S&P is down 4% year to date.

The Dow ended Tuesday up 0.85%, or 217 points, for its third positive day in a row. It rose 1.7% for the month and rose every month during the quarter.

  • The index closed the second quarter up 17.8% for its best quarter since Q1 1987, but is down 9.6% year to date.

The Nasdaq rose 1.9% on Tuesday, gaining 6% in June, which marked its third straight positive month.

  • It gained 30.6% in the second quarter, its best since Q4 1999 when it jumped 48.2%.
  • The index is up 12.1% year to date.

Go deeper

Dion Rabouin, author of Markets
Oct 6, 2020 - Economy & Business

Employment in services is starting to return

Data: Institute for Supply Management; Chart: Axios Visuals

Purchasing managers indexes have been buoyant in recent months and in August the employment component on the Institute for Supply Management's non-manufacturing survey turned positive after five straight months of readings below 50.

What it means: PMI surveys ask businesses whether conditions are improving or worsening and then produce an index that measures the sentiment of the sector.

Updated 2 hours ago - Health

WHO: Delta health measures help fight Omicron

Photo: Mario Tama/Getty Images

Health measures taken to combat COVID-19 before the emergence of Omicron would also help against the new variant of concern, World Health Organization officials said Friday.

What they're saying: Takeshi Kasai, WHO regional director for the Western Pacific, said during a virtual briefing broadcast from Manila, Philippines, that border controls imposed by the U.S. and other nations can "buy time" to deal with the variant, but warned "every country and every community must prepare for new surges in cases."

4 hours ago - Health

Nevada to impose insurance surcharge on unvaccinated state workers

Nevada Gov. Steve Sisolak. Photo: Ethan Miller/Getty Images

Nevada's Public Employees' Benefit Program Board voted Thursday to charge workers enrolled in public employee health insurance plans a surcharge of up to $55 a month if they're not vaccinated against COVID-19, the Las Vegas Review-Journal reports.

Why it matters: Nevada is the first state to announce such a move, per AP.