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Tech comeback rally gains steam as Nasdaq jumps 3.5%, Tesla rebounds 14%



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U.S. stocks jumped sharply on Tuesday after bond yields declined, causing investors to buy the dip in beaten-up technology shares.The tech-heavy Nasdaq Composite climbed 3.8%, on pace for its best day since November. Tesla shares popped 15% after a five-day losing streak, while Apple and Amazon jumped 4% each. Microsoft, Netflix and Facebook all gained at least 3%. The Dow Jones Industrial Average rose 330 points to hit an intraday record high. The S&P 500 gained 2.1%.Technology shares rebounded from steep losses as bond yields stabilized. The 10-year Treasury yield fell more than 6 basis points to 1.52%. The benchmark rate traded as high as 1.62% …

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