Nasdaq Moves Sharply Higher As Tech Stocks Extend Recovery

After starting the week off on an upbeat note, stocks showed another notable move to the upside during trading on Tuesday. The tech-heavy Nasdaq led the way higher, bouncing further off the two-month closing low set last Friday.

The Nasdaq gave back some ground going into the end of the day but still jumped 308.43 points or 1.2 percent to 26,477.60. The S&P 500 also climbed 45.83 points or 0.6 percent to 7,722.60, while the narrower Dow posted a more modest gain, inching up 15.99 points or less than a tenth of a percent to 52,377.57.