S&P 500 notches best quarter in five years

US blue-chips ended their best quarter in five years, with the S&P 500 squeezing out a 0.1 per cent gain even as big tech names including Apple, Tesla and Meta dragged the Nasdaq Composite to a similar-sized loss.
Trading was cautious ahead of Friday’s bank holiday, which will still see the publication of February’s personal consumption expenditure report while Fed chair Jay Powell is due to speak at an event in San Francisco.
Thursday’s small gain left the S&P 500 up 10.2 per cent this year, while the Nasdaq Composite has added 9 per cent. $S&P 500 Index(.SPX.US)$ $SPDR S&P 500 ETF(SPY.US)$