The Nasdaq Composite Index closed at an all-time high on Tuesday, rising 0.95% to end the session at 20,611 points. The gain reflects continued investor confidence in large-cap tech stocks and optimism surrounding earnings and economic data.
Strong performances from companies in the AI, semiconductor, and cloud computing sectors led the rally, with key players such as Nvidia, Apple, and Microsoft contributing to the index’s advance.
Analysts point to a combination of resilient consumer spending, easing inflation pressures, and expectations of stable interest rates as factors driving equity markets higher.
The Nasdaq’s new record comes amid broader market strength, with the S&P 500 also posting gains and the Dow Jones Industrial Average holding steady in positive territory.
