The Nasdaq MarketSite in New York. Image Credit: Bloomberg

New York: The Nasdaq powered to a fresh record Tuesday, fuelled by optimism over coronavirus vaccines and revived congressional efforts to pass a spending package to boost the pandemic-hit US economy.

All three major indices finished solidly higher, with the tech-focused Nasdaq Composite Index up 1.3 percent at 12,595.06

The Dow Jones Industrial Average gained 1.1 percent to 30,200.36, while the broad-based S&P 500 climbed 1.3 percent to 3,694.65.