- The Nasdaq closed Tuesday?s session up 0.5% at a fresh record 15,020.
- Tesla shares rose on Musk tweeting about improved FSD 9.3 system.
- Shopify shares popped after announcing a new deal with TikTok.
The US markets continued to rally on Tuesday as investor confidence remained elevated following the US FDA granting full approval to Pfizer and BioNTech?s COVID-19 vaccine, as well as an increase in oil prices fuelling gains for energy stocks.
The Dow Jones rose 0.09% to finish the trading day up 31 points to close at 35,366 points.
The tech heavy NASDAQ rose 0.5% to finish the trading day up 77 points to close at 15,020 points with Amazon and Google gaining 1.22% and 0.92% respectively.
One bitcoin is worth US$47,624 going into the Asian trading day.
The Australian dollar is firm against the major currencies and is buying 72.51 US cents.
Tesla CEO Elon Musk took to Twitter on Monday night saying Tesla?s Full Self-Driving (FSD) system is ?actually not great imo? whilst also praising the upcoming FSD version 9.3. Tesla shares rose slightly following the tweets after a turbulent few sessions following the National Highway Safety Administration opening a formal investigation into Tesla?s Autopilot system last week.
Shares in e-commerce platform Shopify jumped 4% on Tuesday after announcing a partnership with TikTok to launch new in-app shopping features on the leading social media platform. Under the deal, a selected group of Shopify merchants will be able to add a shopping tab to their TikTok profiles linked directly to their online stores for checkout.
And Airbnb has announced it will pay to house 20,000 Afghan refugees in properties listed on its site in different locations around the world.