The Nasdaq composite surged to a new all-time high, driven by a strong performance from technology stocks, while the rest of Wall Street experienced mixed trading results.

On Tuesday, the S&P 500 index gained 0.2%, despite a notable number of its constituent stocks declining.

The upward momentum was mainly attributed to robust advancements in shares of major tech companies, including Microsoft and Meta Platforms, which significantly contributed to the 0.8% increase that allowed the Nasdaq to surpass the previous record achieved in July.

Conversely, the Dow Jones Industrial Average witnessed a decline, dropping 0.4%.

Particularly hard-hit were sectors such as homebuilding and the automotive industry, with Ford Motor Company facing considerable losses following disappointing earnings reports.

In the bond market, Treasury yields saw a decrease.

Here are the specifics from Tuesday’s trading:

The S&P 500 rose by 9.40 points, or 0.2%, closing at 5,832.92.

The Dow Jones Industrial Average experienced a decline of 154.52 points, or 0.4%, ending at 42,233.05.

The Nasdaq composite climbed 145.56 points, or 0.8%, to reach 18,712.75.

The Russell 2000 index, which represents smaller companies, decreased by 5.98 points, or 0.3%, finishing at 2,238.09.

Looking at performance over the week, the S&P 500 is up by 24.80 points, or 0.4%.

The Dow has gained 118.65 points, or 0.3%.

The Nasdaq has increased by 194.14 points, or 1%.

The Russell 2000 has risen by 30.09 points, or 1.4%.

For the year-to-date, the S&P 500 has climbed 1,063.09 points, reflecting a growth of 22.3%.

The Dow Jones has seen an increase of 4,543.51 points, or 12.1%.

The Nasdaq composite has surged by 3,701.40 points, marking a 24.6% growth.

The Russell 2000 has gained 211.01 points, corresponding to a rise of 10.4%.