“The Nasdaq Composite Index closed just shy of 4,000, at 3,994.57, up 2.92 points, after rising above that level for a period of the trading session, the first time it has crossed 4,000 since 2000, and the highest level for the index since September 7th of that year,” Tiernan Ray reports for Barron’s.
“t was the largest point and the largest percentage gain since October 31st, according to Dow Jones data,” Ray reports. “The index is still down 21% from a record high of 5,048.62 on March 10th of 2000, but up 215% since a low of 1,268.64 on March 9th, 2009.”
Ray reports, “Among gainers today, tech was mostly on the losing side, according to FactSet data, though there were some notable out performers… Apple (AAPL) stock closed higher, up $3.94, or 0.8%, at $523.74.”
Read more in the full article here.
Looks like Apple is on track to cross the 500B market cap line soon.
apple-among-big-market-movers-as-nasdaq-flirts-with-4000/
Brilliant headline for a 0.8% move!!!!