The Nasdaq rallied on Monday to a new record on the back of strong gains in large-cap tech shares even as the broader market finished out the session mixed. Big gains in Amazon.com Inc. AMZN, +2.51% Apple Inc. appl and Netflix Inc. NFLX, +2.07% underpinned the Nasdaq's rise in a day devoid of big earnings or economic data.

Asian equities broadly rose Tuesday, with strong earnings from technology companies in the U.S. overnight providing a shot in the arm to regional technology companies. Investors also sought to reposition themselves as many markets returned from the Labor Day holiday. In Japan, Tuesday is the last trading day of the week before holidays there.