Stocks clawed back some of their earlier losses on Tuesday as shares of major tech companies rose broadly while traders took profits out of names benefiting from the economy reopening.
The Nasdaq Composite was up 0.2% and hit a fresh record high after trading lower to start the session. The Dow Jones Industrial Average traded 151 points lower, or 0.6% and was on pace to snap a six-day winning streak. The 30-stock Dow was down more than 400 points earlier on Tuesday. The S&P 500 was down 0.6%, well off its session lows.
Amazon and Apple gained 2.1% and 1.8%, respectively, to hit all-time highs. Facebook traded 3.1% higher and Netflix rose 2.7%. Google-parent Alphabet was also up 1%.
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