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As a subscriber you can listen to articles at work, in the car, or while you work out. Subscribe NowWall Street on Wednesday closed out its fifth straight quarterly gain, continuing its comeback from a steep drop in early 2020 at the onset of the coronavirus pandemic.
The S&P 500 edged up 0.1% Wednesday, bringing its advance over the past three months to 8.2%, and 14.4% for the first half of the year.
Optimism over the economy’s prospects as coronavirus restrictions continue to lift has sent the market to a series of record highs, including the third straight for the S&P 500.
Trading Wednesday was relatively subdued as investors wait for the government’s monthly jobs report due out Friday.
The Dow Jones industrial average rose 210 points, or 0.6%, to 34,502. The S&P 500 added 5.7 points, 0.13%, to 4,297. The NASDAQ composite lost 24 points, or 0.17%, to 14,503.
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