The Nasdaq exchange smashed its 15-year-old record Thursday, breaking through the old mark set at the peak of the dot-com boom in 2000.
The Nasdaq Composite Index added 0.41 percent (20.89 points) to finish at 5,056.06, finally making up all the nearly 4,000 points lost in a stunning crash that followed the previous closing mark of 5,048.62 set on March 10, 2000.
A final-hour sell-off prevented the S&P 500 from surpassing its own previous record high of six weeks ago, but the markets overall polished off the session in positive territory.
The Dow Jones Industrial Average gained 20.42 points (0.11 percent) at 18,058.69. while the S&P added 4.97 (0.24 percent) at 2,112.93.
"We finally took out the resistance area" after weeks of waiting for the Nasdaq breakthrough, said Peter Cardillo at Rockwell Global Capital.
GMT 11:02 2018 Tuesday ,11 December
ASE opens trading on lower noteGMT 15:40 2018 Monday ,10 December
Amman stock market closes trading at JD4.4 millionGMT 19:10 2018 Wednesday ,05 December
Index at Palestine stock market drops by less than one pointGMT 17:58 2018 Sunday ,25 November
Amman stock market wraps up trading at JD2.6 millionGMT 14:24 2018 Thursday ,22 November
Russia’s stock market demonstrates record-breaking figures in 2018GMT 11:45 2018 Tuesday ,20 November
Tokyo stocks close lower as tech issues weigh, Nissan tumblesGMT 15:08 2018 Monday ,19 November
Amman stock market wraps up trading at JD6.1 millionGMT 15:51 2018 Sunday ,18 November
U.S. stocks post weekly losses amid tech shares routMaintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©
Send your comments
Your comment as a visitor