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Nasdaq ends at record after fed upbeat on US economy

Nasdaq ends at record after fed upbeat on US economy

New York:Wall Street stocks shook off a weak start and the Nasdaq pushed to a fresh record Tuesday as the Federal Reserve chief offered an upbeat appraisal of the US economy.

The tech-rich Nasdaq Composite Index gained 0.

6 percent to 7,855.12, about 30 points above the record set July 13.

The Dow Jones Industrial Average gained 0.2 percent to close at 25,121.83, while the broad-based S&P 500 advanced 0.4 percent to 2,810.07.