Nasdaq-100 carves out intraday record high Tuesday morning as broader market takes a breather

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The Nasdaq-100 index on Tuesday was edging higher to a fresh all-time high intraday as the broader market was facing some headwinds following a blistering...

The Nasdaq-100 index on Tuesday was edging higher to a fresh all-time high intraday as the broader market was facing some headwinds following a blistering run on Monday that took the Nasdaq Composite Index to its first all-time closing peak since Feb. 19. The Nasdaq-100 NDX, +0.49%, which is composed of the largest companies in the Nasdaq Composite COMP, +0.16% by market capitalization, was up 0.

2%, touching an intraday high at 9,921.31, while the Nasdaq Composite COMP, +0.16% was off 0.2% at 9,805. Technology-related companies have been one of the key drivers of the stock market's recent runup from the depths of the coronavirus-induced selloff. Meanwhile, the Dow Jones Industrial Average DJIA, -0.57% was down 1.1% at 27,270 and the S&P 500 index SPX, -0.58% was trading 1% lower at 3,201.

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