S&P 500 Climbs at End of Best Quarter Since 2020 | Closing Bell

Summary

Bloomberg's Closing Bell hosts recap the final trading day of June 2026, marking the best quarter for the S&P 500 since 2020. The Nasdaq and semiconductor indexes led gains, with chip tool makers rallying on South Korean investment plans. Meanwhile, telecom and solar stocks moved on company-specific news, and yields pushed higher.

• S&P 500 closes up ~15% for the quarter, its best since 2020.
• Nasdaq Composite gains over 21%, led by semiconductors.
• Chip tool stocks (KLA, ASML) rally after Samsung and SK Hynix announce $500B investment plans in South Korea.
• Eric Wiener notes the Philadelphia Semiconductor Index is on track for its best year ever.
• Solar stocks (Enphase, SolarEdge) rise on reports of a potential FCC ban on foreign inverters.
• AT&T and Verizon fall for a second day on news of SpaceX-Charter mobile partnership talks.
• Treasury yields finish the day/quarter higher, with the 2-year up about 5 basis points.