Nasdaq ends at record as US stocks extend rally

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The Nasdaq MarketSite in Times Square, New York. Image Credit: Bloomberg

New York: The Nasdaq powered to a fresh record Tuesday as Wall Street rallied for a second straight session on fading worries about shifting US monetary policy.

The tech-rich Nasdaq Composite Index climbed 0.8 per cent to 14,253.27, easily topping a record set earlier this month.

The Dow Jones Industrial Average gained 0.2 per cent to 33,944.58, while the broad-based S&P 500 advanced 0.3 per cent to 4,246.44.