NEW YORK (CNNMoney) — Finally! The Nasdaq topped the 5,000 level Monday for the first time since March 2000.
The Nasdaq closed at 5,008. It is only the third time it has ever finished above 5,000. Believe it or not, the Nasdaq is now just 2.4% from the all-time peak of 5,132.52 it notched during the Dot-com bubble.
More records: Stock markets around the world have been crushing records lately. The Nasdaq, home to Apple, Microsoft, Google, Intel and many other prominent tech stocks, is actually the laggard. It’s the last major index to come close to its all-time highs.
The Dow and S&P 500 have been routinely hitting new records for the past year.
A lot of people have concerns that this might be a warning sign that stocks are back at lofty levels again, but much is different now versus the Dot-com era. Many of the companies leading…
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