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Nasdaq 100 closes at record as tech and chipmakers rally

Nasdaq 100 ended Tuesday at a record high, up 0.8% as tech and chipmakers gained; S&P 500 ended flat while investors also looked ahead to a Trump-Xi summit.

NDX

The tech-focused Nasdaq 100 climbed to a record high on Tuesday as technology and chipmakers posted strong gains, while investors looked ahead to the highly anticipated summit between Donald Trump and Xi Jinping this week. 8% and the Dow Jones Industrial Average lagged the broader market.