Nasdaq leaps 3% for best day since March | Apple shares jump | These tech IPOs were a bust in 2021

On Tuesday, stocks extended their rally from the previous session.

VIEW IN BROWSER | SUBSCRIBE TUE, DEC 07, 2021 EVENING BRIEF AS OF TUE, DEC 07, 2021 • 05:01 ET DJIA 35719.43 +1.40% +492.40 S&P 500 4686.75 +2.07% +95.08 NASDAQ 15686.92 +3.03% +461.76   Most Active DOW NAME LAST CHG %CHG AAPL 171.18 +5.86 +3.54% INTC 52.57 +1.58 +3.10% MSFT 334.92 +8.73 +2.68% S&P 500 NAME LAST CHG %CHG AAPL 171.18 +5.86 +3.54% INTC 52.57 +1.58 +3.10% F 19.96 +0.74 +3.85% NASDAQ NAME LAST CHG %CHG AAPL 171.18 +5.86 +3.54% INTC 52.57 +1.58 +3.10% NVDA 324.27 +23.90 +7.96%   EDITOR'S NOTE On Tuesday, stocks extended their rally from the previous session, with the Nasdaq Composite notching its best day since March 9.   The tech-heavy index led the market rebound, after lagging the other major averages  in the prior session. It jumped 3% Tuesday as investors bought the dip in tech stocks and other risky names. The Dow Jones Industrial Average added 1.4%, and the S&P 500 rose 2%.   Cloud and chip stocks were among the biggest gainers, followed by energy names. Okta and CrowdStrike rose 5.7% and 4.9%, respectively. Intel leapt 3.1% on news that it plans to take its self-driving car unit public next year. In energy, Diamondback and Devon Energy each added more than 6%. Big Tech stocks Microsoft, Amazon and Alphabet rose, too. Apple gained 3.5% after Morgan Stanley increased its price target on the stock to $200. Shares of the iPhone maker closed at $171.18 on Tuesday and notched an all-time high during the session.   Elsewhere, investor confidence got a boost from British drugmaker GlaxoSmithKline, which said its antibody treatment is effective against the omicron variant, based on new data. Its shares added 1.3%. Tanaya Macheel | Markets and Investing Reporter @tanayamac Watch our live stream for all you need to know to invest smarter. TOP NEWS  Tech stocks lead the markets higher for a second day, Nasdaq notches its best day since March Amazon Web Services outage brings some delivery operations to a standstill Pfizer CEO says omicron appears milder but spreads faster and could lead to more Covid mutations Apple shares rise as Morgan Stanley raises price target to $200 Cramer says stock market comeback fueled by scramble to get back in after omicron overreaction JPMorgan's top stock strategist Kolanovic tells investors to trust this bounce Tech IPOs have been a bad bet in 2021 — all but one are in bear market territory Investors really bought the dip as stock inflows last week were the highest since 2017 Democrats' new plan to raise the debt limit will rely on some help from Republicans Chris Cuomo book cancelled by publisher HarperCollins after CNN host's firing   TOP VIDEO The U.S. economy is extremely strong, says Blackstone's Byron Wien   CNBC PRO Stocks should be fine when the Fed starts raising rates next year, history shows   SPECIAL REPORTS 10 million children could fall back into poverty if the enhanced child tax credit ends Figuring out these three budget numbers will help you pay off debt and save more for retirement in 2022   Unsubscribe Manage Newsletters Terms of Service Join the CNBC Panel Digital Products Feedback Privacy Policy   © 2021 CNBC LLC. All rights reserved. A property of NBCUniversal. 900 Sylvan Avenue, Englewood Cliffs, NJ 07632 Data is a real-time snapshot *Data is delayed at least 15 minutes. Global Business and Financial News, Stock Quotes and Market Data and Analysis. Data also provided by THOMSON REUTERS