Tesla and other tech shares roared back to life on Wall Street Tuesday, powering higher after a period of weakness as Congress neared final passage of a $1.9 trillion economic aid package.
At the closing bell, the tech-rich Nasdaq Composite Index was up 3.7 per cent at 13,073.82. The index has underperformed the Dow in recent session as investors have steered funds into industrial, banking and other sectors.
The Dow Jones Industrial Average edged up 0.1 per cent to 31,832.08, while the broad-based S&P 500 advanced 1.4 per cent to 3,985.47.
Published 09 March 2021, 22:32 IST