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Amazon lifts Nasdaq to another record set for eighth straight positive session

U.S. stocks rose broadly on Tuesday, with the Nasdaq on track for its longest streak of daily gains in about five months, thanks to a similarly long streak in Amazon. The Nasdaq Composite Index COMP, -0.32% rose 0.6% and was set for its eighth straight positive session. That's the index's longest set of consecutive gains since a nine-day streak ending in October 2017; it has risen 6.3% over the stretch, a rally that has taken it to multiple records and accounts for the lion's share of its 10.5% year-to-date rally. One of the biggest boosts to the Nasdaq over the period has been Amazon.com Inc. AMZN, -0.60% which is also set for its eighth straight daily advance, its longest streak since a nine-day rally ended in January. The online retailer has gained 7.9% over the eight-day stretch. The Dow Jones Industrial Average DJIA, +0.16% rose 0.7% on Tuesday while the S&P 500 SPX, +0.02% was up 0.6%.

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