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Why Nvidia and Tesla Keep Sending the Nasdaq Higher

Why Nvidia and Tesla Keep Sending the Nasdaq Higher

Wall Street was generally in an upbeat mood on Tuesday morning. Coming out of the long holiday weekend, investors were ready to celebrate the announcement of an agreement in principle on raising the U.S. debt ceiling, which had been a key overhang over the stock market. Futures on the Nasdaq Composite (NASDAQINDEX: ^IXIC) were up another 1.5% in premarket trading Tuesday morning after solid gains last week.