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Tesla Helps Nasdaq Log 22nd Record of the Year

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A surge in Tesla shares on Tuesday led to new highs for the Nasdaq Composite and S&P 500 during a relatively quiet preholiday trading session. Major indexes fluctuated throughout the day but ultimately ended higher. The Nasdaq rose by 0.8%, recording its 22nd record close of the year, while the S&P 500 saw a 0.6% increase and logged its 32nd record close of the year. The Dow Jones Industrial Average also advanced by 0.4%, or 162 points.