Nasdaq stretches to record highs, lifted by Apple, Amazon The Nasdaq Composite hit record highs Tuesday as stocks looked to continue the momentum from the best August in 36 years. Tesla Inc. shares were in focus after the company announced plans to raise up to $5 billion through a stock offering. Shares gained 13% on Monday, the first day of trading since the stock split 5-for-1. Meanwhile, Apple Inc. has asked suppliers to build at least 75 million 5G iPhones, Bloomberg reported, citing sources. Shares gained 3.39% on Monday, the first day of trading following their 4-for-1 split. More on this For more news, please go to FoxBusiness.com and watch Fox Business Network.

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