US stocks climb, Nasdaq hits record as investors pile into tech giants

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· *US equities climbed on Tuesday as positive data releases fueled new hopes for a swift economic recovery.*
· *New home sales leaped 16.6% in May to a seasonally adjusted annualized pace of 676,000, besting economists' estimate of 640,000.*
· *IHS Markit's index of US purchasing managers rose to 46.8 in June from 37...