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Dow, S&P Post Best Quarter Since 1998
30 Mar 2012 EDT - CNBC.com
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Stocks closed mixed in a quiet session Friday, but the Dow and S&P logged their best quarterly gain in almost 14 years. The Nasdaq posted its best quarterly performance since 1991.

Stocks traded higher for most of the session, fueled by a handful of better-than-expected economic news and after the euro zone agreed to raise its bailout fund.

The Dow Jones Industrial Average ended higher, logging its sixth-consecutive month of gains in addition to a stellar first quarter.

The S&P 500 also finished higher, but the Nasdaq slipped in the final minutes of trading to log its fourth-consecutive day of losses. Still, the Nasdaq posted its best quarterly performance since 1991.

The CBOE Volatility Index, widely considered the best gauge of fear in the market, ended above 15.

For the quarter, the Dow jumped 8.14 percent, the S&P 500 surged 12.00 percent, and the Nasdaq soared 18.67 percent. Among the Dow components, BofA skyrocketed nearly 72 percent for the quarter, while H-P slumped more than 7 percent.

Financials were the best S&P sector performers for the quarter, shortly followed by techs. Utilities were in the red.

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