Wall Street 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 higher Wednesday. The Dow Jones Industrial Average rose and the Nasdaq fell.
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.