Nasdaq, S&P hit record highs as tech, health stocks rise

IBM (IBM.N) fell 3.9 percent after the company's quarterly revenue came in below expectations. The tech-heavy Nasdaq closed at a record high on Tuesday, helped by a jump in Netflix (NFLX.O), with the index posting its longest streak of gains since February 2015. The S&P tech sector has been the best performing sector this year despite concerns about stretched valuations as investors look for growth sectors immune to policy uncertainties.

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