Nasdaq Gains, Snapping a 3-Day Losing Streak

The Nasdaq Composite rallied late on Tuesday to snap its losing streak at three days. The Nasdaq's turnaround was propelled by late gains among large tech stocks including Tesla, Meta Platforms, Nvidia, and Microsoft. Stocks and bonds traded sideways for much of the day after the November nonfarm payrolls report included stronger-than-expected jobs growth and an unexpected uptick in unemployment.