Nasdaq Closes Above 4,000 For First Time In 13 Years
The Nasdaq composite index closed above 4,000 on Tuesday (November 26) for the first time since 2000, while the Dow and S&P ended barely changed.
Retailers and homebuilders were among the best performing sectors, responding to stronger-than-expected earnings and robust housing market data.
Big-cap technology stocks helped the Nasdaq the most on Friday to finish above 4,000 for the first time since the dot-com bubble burst in 2000 and sent the tech-heavy index hurtling.
On the Nasdaq, Apple gained 1.8 percent to $533.40, Google rose 1.2 percent to $1,058.41 and Amazon.com shares ended up 1.3 percent to $381.37.
The Dow Jones industrial average ended up 0.26 point to 16072.80. The Standard & Poor's 500 Index gained 0.27 point to 1,802.75. The Nasdaq Composite Index rose 23.18 points to 4,017.75.
Presented by Adam Justice