The Nasdaq 100 reached new record highs on Tuesday, surpassing the 23,000 mark, driven by a rally in chipmakers such as Nvidia. Investors were optimistic about Nvidia and Advanced Micro Devices resuming certain chip sales to China.
For the day, however, major indices were mixed with the Dow Jones Industrial Average falling nearly 1% to 44,023.29, while the S&P 500 declined 0.4% to 6,243.76. The Nasdaq ended the day higher at 0.2% at 20,677.80.
