Tech Propels Nasdaq To Record Bank Health Stocks Weigh On Sampp


– Strong gains in tech heavyweights lifted the Nasdaq to a record intra-day high on Tuesday, while declines in financial and healthcare stocks weighed on the S&P 500 and Dow.

The so-called FAANG stocks — Facebook, Amazon, Apple, Netflix and Alphabet — rose between 0.3 percent and 1.9 percent, helping the S&P technology index rise 0.3 percent.

The gains come after Nasdaq closed at a record high on Monday, adding to the upbeat sentiment since Friday’s job data.

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