US indices saw mixed movement on Tuesday. While the tech-heavy Nasdaq showed hit a new record closing high, the Dow closed lower, coming off the record highs. The Nasdaq jumped 145.56 points or 0.8 percent to 18,712.75, extending its winning streak to four days. The S&P 500 also added 9.40 points or 0.2 percent to 5,832.92, but the Dow fell 154.52 points or 0.4 percent to 42,233.05. The Nasdaq surged ahead of the release of earnings news from big-name tech companies. Semiconductor stocks saw strong move to the upside, driving the Philadelphia Semiconductor Index up by 2.3 percent. Housing stocks fell, with the Philadelphia Housing Sector Index plunging by 2.3 percent.
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