Benzinga | Mar 31, 2021 04:32PM EDT

The Nasdaq Rallied Today. Here's Why.

The Invesco QQQ Trust Series 1 (NASDAQ:QQQ) had a strong day Wednesday, with the fund seeing gains of 1.51% and closing at $319.13.

U.S. indices were trading higher as investors await details of President Joe Biden's infrastructure package. Tech stocks have also rebounded following recent weakness.

The Dow Jones Industrial Average ETF Trust (NASDAQ:DIA) faltered slightly into the close to finish lower by 0.19% at $330.18. The SPDR S&P 500 ETF Trust (NASDAQ:SPY) also slacked a bit into the close but managed to finish higher by 1.36% at $396.33.

Here are the day's winners and losers from the Nasdaq, according to data from Benzinga Pro.

The leaders for the QQQ Thursday came from the likes of Tesla Inc (NASDAQ:TSLA), Applied Materials, Inc. (NASDAQ:AMAT) and Walgreens Boots Alliance Inc (NASDAQ:WBA).

Tesla was trading higher in anticipation of Biden's infrastructure plan, which may include an EV charging system.

On the flip side, Fox Corp (NASDAQ:FOX), Comcast Corporation (NASDAQ:CMCSA) and Dollar Tree, Inc. (NASDAQ:DLTR) were among names in the Nasdaq who lost the most ground Wednesday.

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