 "Stocks, Nasdaq, Market")
The rotation away from the market’s riskiest assets abated Tuesday as dip-buyers sent the Nasdaq 100 to a 3% gain while Treasuries climbed higher.
Beaten-down tech shares led the jump, with Tesla Inc. rallying 14% and the ARK Innovation ETF surging. A smaller advance for the Dow Jones Industrial Average brought it near a record. The 10-year Treasury yield slumped to 1.54%, while Bloomberg’s dollar index slid 0.5%.
Tesla Inc. shares rebounded on Tuesday after a five-day losing streak wiped out about $149 billion from the company’s valuation.
A steady stream of positive news -- including an upgrade from a Wall
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