Nasdaq hits intraday record high on tech boost, Mideast negotiation hopes

The Nasdaq reached an intraday record high on Tuesday, driven by a recovery in heavyweight technology stocks. Market gains were further supported by hopes regarding potential negotiations concerning the Iran conflict. However, broader market growth was limited due to declines observed in big banks. This surge reflects a regained footing for tech stocks, allowing the index to hit its peak despite the offsetting pressure from the banking sector during the trading session.