India, June 30 -- Following the rally seen over the course of Monday's session, stocks saw further upside during trading on Tuesday. The major averages all moved higher on the day, with the tech-heavy Nasdaq extending yesterday's surge.
The Nasdaq shot up 393.58 points or 1.5 percent to 26,213.72, further offsetting the steep drop seen last week. The S&P 500 also advanced 58.93 points or 0.8 percent to 7,499.36, while the narrower Dow posted a more modest gain, rising 136.46 points or 0.3 percent to a new record closing high of 52,319.20.
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