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Benzinga
Benzinga
Business
Piero Cingari

Nasdaq 100 Hits 26,000, Gold Falls Below $4,000: What's Moving Markets Tuesday?

Nasdaq Gold ARE US Federal Reserve NYSE Skyworks Solutions Inc
Image,Of,Rally,In,It,And,Tech,Stocks

Tech stocks are extending their rally into a fourth straight session on Tuesday, with the Nasdaq 100 climbing 0.7% by midday to reach a new record high of 26,000 points, as optimism builds ahead of key earnings and a widely expected Federal Reserve rate cut.

The tech-heavy benchmark is now up 4.5% over the past four sessions, putting it on pace for its strongest four-day advance since mid-May.

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