US stocks were flat on Tuesday as Wall Street wrapped up its best quarterly performance in decades.
The Dow Jones Industrial Average dropped 52 points, or 0.2%. The S&P 500 and Nasdaq Composite both hovered around the flatline.
Those losses were capped in part by a 4.7% jump in Micron following the company’s better-than-expected earnings report. Micron gave strong forward revenue guidance. Shares of Lululemon gained 4.9% on news it will acquire at-home fitness company Mirror for $500 million.
Despite Tuesday’s decline, the major averages headed for their biggest one-quarter gains in years. Both the Dow and S&P 500 were on pace for their best quarterly performance since 1998, surging more than 16% each. The Nasdaq Composite, meanwhile, was up 28.2% quarter to date and was headed for its biggest quarterly gain since 2001.
