By Chuck Mikolajczak NEW YORK (Reuters) – U.S. stock index futures edged lower on Tuesday, after the Dow and S&P marched to new record highs and the Nasdaq topped the 5,000 mark for the first time in 15 years. * The Nasdaq <.IXIC> notched its first close above the milestone 5,000 mark since March 10, Read More
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There is a reason it took fifteen years for the Nasdaq Composite (^IXIC) to reclaim the 5000 mark and that’s mainly because it wasn’t always smooth sailing for some of the world’s best known tech companies. Jon Najarian, co-founder of OptionMonster and Yahoo Finance Contributor, talked to us about why he still admires some of Read More
The Nasdaq index has rallied to levels matching its dotcom boom glory days, spawning a CNBC smackdown over whether the bubble is back too. The bubble camp came out swinging. “The Nasdaq (NASDAQ:^IXIC – News) wouldn’t be here if not for quantitative easing. It wouldn’t be here without zero percent interest rates. It wouldn’t be Read More
The Nasdaq composite index (NASDAQ: .IXIC) closed Monday above 5,000 for the first time since March 2000 and the pros were in agreement: Times have changed. For Craig Kanarick, CEO of Mouth and co-founder of Razorfish, Nasdaq 5,000 is a “blip.” He thinks the index will go much higher, in part because the companies in Read More
Large-cap technology stalwarts should shine as the Nasdaq (NASDAQ: .IXIC) trades above 5,000 for the first time in 15 years, said CNBC “Fast Money” trader Pete Najarian. “I think there are plenty of big-cap tech names that still fit,” Najarian said. Read More This is not your daddy’s Nasdaq 5,000 The index on Monday closed Read More
<p> Stocks more often than not outperform in March, but this year may be different and the already complacent month could turn into a lion for stock investors. </p><p> The stock market continued its feel good rally Monday, with the Nasdaq (NASDAQ: .IXIC) hitting the psychological 5,000 mark for the first time in 15 years. Read More
Bill Gross on Monday said the Nasdaq (^IXIC) hitting 5,000 represents “a little bit of a bubble” in some technology stocks, including those that are up 10 percent and 15 percent year to date. The Janus Capital (JNS) fund manager and Pimco founder added that negative yields promote bubbles and, to some extent, distort capitalism. Read More
After a 15-year wait, Nasdaq (^IXIC) 5,000 is finally official. Although the composite still has a few points to go before reaching its previous record of 5,048 the foundation is in place for more upward momentum, says longtime trader Jon Najarian, co-founder of OptionMonster and a Yahoo Contributor. “I like the market here, I don’t Read More
Back to the future! The Nasdaq Composite Index (^IXIC) just crossed 5,000. Other stock market yardsticks like the Dow Jones Industrial Average (DIA) and S&P 500 (VOO) sit atop multi-year highs too. Everything that is old and worn out is suddenly new and exciting. (See skinny jeans and venture capital.) All of us are 15 Read More
The Nasdaq (^IXIC) did it! The tech-heavy index has hit 5000 again, 15 years after it first passed the milestone. It remains to be seen whether or not it will close above the key level today. Regardless, we wanted to know just what got us here after fifteen years of churning higher. “This is all Read More