Tech lifts S&P 500, Nasdaq; indexes post gains for quarter

The Dow Jones Industrial Average fell 85.41 points, or 0.26%, to 32,981.55, the S&P 500 gained 14.34 points, or 0.36%, to 3,972.89 and the Nasdaq Composite added 201.48 points, or 1.54%, to 13,246.87. For the quarter, the Dow gained about 8%, the S&P 500 rose 6% and the Nasdaq increased 3%. For the month, the Dow added about 7%, the S&P 500 rose 4% and the Nasdaq gained just 0.4%.

NEW YORK: The S&P 500 and Nasdaq rose on Wednesday, boosted by gains in technology shares, and the three major Wall Street indexes registered their fourth straight quarterly rise as investors looked forward to details of President Joe Biden's massive infrastructure plan.

Bets on a strong economic rebound supported Wall Street during the quarter even as investors got jittery about a retail trading frenzy, a spike in Treasury yields and a U.S. hedge fund going bust.