Amazon's logo on a phone. Photo: Alexander Pohl/NurPhoto via Getty Images
The Nasdaq composite rose 1.39% to 7,823 points on Wednesday, as Amazon, Alphabet, Facebook and Microsoft each closed at all-time highs.
- Alphabet: +2.6%
- Amazon: +2.4%
- Facebook/Microsoft: +2.2%
State of play: Investors pushed the companies higher after digesting, and getting past, escalating trade tensions between the U.S. and China.