Tech Stocks Lift Nasdaq to Another Record Close

Financial shares are a drag on the S&P 500, as government bond yields slide

Technology stocks continued climbing Tuesday, pushing the Nasdaq Composite to a second consecutive record close.

The technology sector of the S&P 500 also ended the session at an all-time high, rising 0.4%, and has climbed 6.6% over the past month. That marks a shift after investors fled the sector in March amid fears of increased regulatory scrutiny as Facebook faced questions over its sharing of user information.

Now,...