Tech stocks send Nasdaq to fresh record close, boost S&P By Reuters – Investing.com

Tech stocks send Nasdaq to fresh record close, boost S&P By Reuters – Investing.com

By David French

(Reuters) - The Nasdaq closed Wednesday at a record high, and the rose but just missed a fresh peak, as September kicked off with renewed buying of technology stocks and private payrolls data, which supported the case for dovish monetary policy.

Technology stocks, which tend to benefit from a low-rate environment, finished higher. Apple Inc (NASDAQ:) rose 0.4% to its second-highest close, and Facebook Inc (NASDAQ:), Amazon.com Inc (NASDAQ:) and Google-owner Alphabet (NASDAQ:) Inc all advanced between 0.2% and 0.7%.