The Nasdaq ended at a record high yesterday, led by top tech companies. Microsoft's stock market value breached USD two trillion for the first time. Apple, Facebook and Amazon also rallied. Investors also focused on growth stocks.
 
On the other hand, in a congressional hearing, Federal Reserve Chair Jerome Powell reaffirmed the U.S. Central Bank's intent to encourage a "broad and inclusive" recovery of the job market and not to raise interest rates too quickly based only on the fear of coming inflation.
 
The Dow Jones Industrial Average added 0.2 per cent, the S&P 500 climbed half a per cent and the Nasdaq Composite index gained 0.8 per cent.