美股

Nasdaq soars in ‘relief rally’ as big tech stocks rebound sharply

Index sees biggest gain since November as favourites such as Tesla rise

US stocks rallied strongly on Tuesday as big tech names such as Tesla and Apple roared higher after a sell-off the previous day.

The technology-heavy Nasdaq Composite gained 3.7 per cent, a day after the benchmark slumped into correction territory. Tuesday’s rise was the index’s best one-day performance since November.

Wall Street’s benchmark S&P 500 rose 1.4 per cent, giving the blue-chip index its second gain in six sessions.

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