US markets eased off their best levels, but still kicked off the first day of the third quarter with a modest rally, boosted by a pair of better-than-expected economic reports. The CBOE volatility index slipped near 16. So far for the year, the Dow has surged more than 14 percent, while the S&P 500 and Nasdaq have spiked more than 13 percent each. US treasury prices continued below 2.50 mark.
The Dow Jones industrial average gained 65.36 points, or 0.44 percent, to end at 14,974.96. The Standard & Poor’s 500 Index rose 8.68 points, or 0.54 percent, to close at 1,614.96. The Nasdaq Composite Index jumped 31.24 points, or 0.92 percent, to finish at 3,434.49.
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