Dow's best quarter since 1987 | Nasdaq's best quarter since 1999 | Fauci warns of 100,00 new cases per day

Wall Street just enjoyed its best quarterly performance in decades.

VIEW IN BROWSER | SUBSCRIBE TUE, JUN 30, 2020 EVENING BRIEF AS OF TUE, JUN 30, 2020 • 04:37 ET DJIA 25812.88 +0.85% +217.08 S&P 500 3100.29 +1.54% +47.05 NASDAQ 10058.76 +1.87% +184.61   Most Active DOW NAME LAST CHG %CHG BA 183.30 -11.19 -5.75% AAPL 364.80 +3.02 +0.83% MSFT 203.51 +5.07 +2.55% S&P 500 NAME LAST CHG %CHG AAL 13.07 -0.25 -1.88% GE 6.83 +0.03 +0.44% BA 183.30 -11.19 -5.75% NASDAQ NAME LAST CHG %CHG AAL 13.07 -0.25 -1.88% UAL 34.61 -0.66 -1.87% MU 51.52 +2.38 +4.83% EDITOR'S NOTE Anyone who had the stomach for stocks after coronavirus shutdowns began in mid-March enjoyed one of the best quarters in decades.   Finishing the second quarter at today's market close, the Dow Jones Industrial Average was up nearly 18% quarter to date. The S&P 500 was up nearly 20%. And the Nasdaq was up more than 30%. For the Dow, it was the best period since 1987. It was the Nasdaq's best quarter since 1999.   These gains came off the very low base of a bear market that ended the longest bull run in history. Much of the performance followed massive stimulus from the Federal Reserve and Congress, and unbridled optimism for economic reopenings and vaccine developments.     The quarter ahead faces more challenges as coronavirus cases rise and states roll back reopening plans. On Tuesday, Treasury Secretary Steven Mnuchin and Fed Chairman Jerome Powell offered contrasting views on where things are headed from here, but both agreed more stimulus will be needed:   "We are in a strong position to recover because the administration work[ed] with Congress on a bipartisan basis to pass legislation and provide liquidity to markets in record time," Mnuchin said. "The path forward for the economy is extraordinarily uncertain and will depend in large part on our success in containing the virus," Powell said. "A full recovery is unlikely until people are confident that it is safe to reengage in a broad range of activities."   Subscribe to CNBC PRO for exclusive insights and analysis, and live business day programming from around the world. Al Lewis | CNBC Markets Editor @tellittoal TOP NEWS  Dow rallies more than 200 points to close out its best quarter since 1987 Dr. Anthony Fauci says U.S. coronavirus outbreak is 'going to be very disturbing,' could top 100,000 new cases a day Goldman Sachs says a national mask mandate could slash infections and save economy from a 5% hit The market's wild second quarter by the numbers: Winners, losers and comeback stocks New strain of flu found in China has potential to become a pandemic, scientists warn Track the latest coronavirus news here CDC expresses 'substantial disappointment' with American Airlines for resuming full flights amid coronavirus Coronavirus masks could become a $9 billion market, benefiting these stocks, KeyBanc says Democrats slam Trump after White House briefing for suggesting reports of Russian bounties are a 'hoax' Judge orders Mary Trump to explain why her tell-all shouldn't be barred from publication     TOP VIDEO Mnuchin: We are in a strong position to recover   CNBC PRO Goldman Sachs believes it figured out how to find which stocks will outperform in this crazy market   SPECIAL REPORTS As Boeing tracks for best month since 1982, Oppenheimer says watch this key level Tesla hits 10-year milestone. Here's where it heads next   Unsubscribe Manage Newsletters Terms of Service Join the CNBC Panel Digital Products Feedback Privacy Policy   © 2020 CNBC LLC. All rights reserved. A property of NBCUniversal. 900 Sylvan Avenue, Englewood Cliffs, NJ 07632 Data is a real-time snapshot *Data is delayed at least 15 minutes. Global Business and Financial News, Stock Quotes and Market Data and Analysis. Data also provided by THOMSON REUTERS