The S&P 500 ended Friday's session with its strongest
first half of any year since 1998 after reaching record highs in May on a rally
underpinned by the Federal Reserve's massive monetary stimulus.
While the S&P 500 closed down for the month of June on concerns
that the Fed might begin reducing its bond-buying program, the benchmark index
ended the second quarter with a gain - marking its first positive second
quarter in four years. The Dow Jones industrial average and the Nasdaq also
dipped in June, but rose in the second quarter.
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