5 Stocks in S&P 500 ETF That Have Powered Best Q3 Since 2010
Zacks Investment Research | Sep 30, 2020 10:40PM ET
The S&P 500 registered its best quarterly gains since 2010, overcoming a myriad of woes including elevated concerns, resurgence in coronavirus cases, election uncertainty and a rise in U.S.-China tensions in the third quarter. The benchmark was up 8.5%, representing its best back-to-back quarter since 2009.
The strong performance was powered by prolonged support by the central bank to contain the pandemic as well as the progress to develop treatments and vaccines for COVID-19. The prospect of further stimulus is also driving stocks higher. Additionally, rounds of upbeat data, which indicate that the economy is on a recovery path instilled confidence.
In particular, Americans are more optimistic about the economy with their confidence rising to the Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
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