Markets snap losing streak as tech climbs

U.S. markets snapped a multi-day losing streak Tuesday as tech stocks pushed indexes higher.

The Dow Jones Industrial Average rose 140 points, or 0.5 percent, breaking a three-day losing streak, while the S&P 500 broke a four-day decline with an increase of 35 points, or 1.1 percent.

The tech-heavy NASDAQ shot up 185 points, or 1.7 percent, as Amazon stocks surged.

The increases come amid a generally dismal month for stocks, which retreated from record peaks in the early days of September after capping a record August.

The markets have been shaken with volatility amid concerns of pie-in-the-sky valuations and a precarious economic situation brought on by the coronavirus pandemic.

Talks for a fifth COVID-19 relief bill have made little headway, and coronavirus cases in both the U.S. and abroad have seen a recent uptick.

The U.S. on Tuesday surpassed 200,000 deaths attributed to the disease, more than any other country in the world.