Dow rallies more than 200 to close out its best quarter since 1987

(CNBC) — Stocks rose broadly on Tuesday as Wall Street wrapped up its best quarterly performance in decades.

The S&P 500 traded 1.7% higher while the tech-heavy Nasdaq Composite advanced 2%. The Dow Jones Industrial Average advanced 253 points, or 1%. The major averages hit their session high with less than an hour left in the session.

Shares of Facebook and Netflix rose more than 2% each to lead the gains while Amazon advanced 2.7%. Micron also contributed to the gains, climbing more than 4% following the company’s better-than-expected earnings report. Micron also gave strong forward revenue guidance. Shares of Lululemon gained 5.2% on news it will acquire at-home fitness company Mirror for $500 million.

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