Nasdaq Joins Dow To Hit Record High of 6000

In fact, Wall Street took 15 years to recover, with the index not returning to the 5,000 level again until March 2015.

The Nasdaq closed above 6,000 for the first time on Tuesday (Apr 25) following a round of mostly strong corporate earnings and ahead of the White House's long-awaited tax cut announcement on Wednesday. That bubble, fueled by the dot-com boom, burst spectacularly in early 2000 as many of its profitless but buzzed-about startups reversed their trajectories and crashed to earth.

About 10 minutes into trading, the Nasdaq Composite Index was at 6,008.62, up 0.4 per cent over Monday's record close. The Dow Jones Industrial Average increased 1.1% to 20996, and the S&P 500 added 0.6%.

Biogen's shares jumped more than 4 percent after the biotech company reported better-than-expected quarterly profit and revenue on Tuesday.

Pep Guardiola draws positives from Manchester City challenges
Arsene Wenger compared Aaron Ramsey to Chelsea legend Frank Lampard ahead of Arsenal's FA Cup semi-final against Manchester City . With fourth placed City well adrift of leaders Chelsea , boss Pep Guardiola is destined to finish his first season empty-handed.

Canadian man arrested by US in alleged human smuggling; wife also charged
Others all along had Canada as their intended final destination, obtaining US visas exclusively for the objective of coming here. The arrest was part of an investigation launched in December 2016, said Jason Evert of the Canadian Border Services Agency.

Trump administration helps free detained aid worker in Egypt
At that meeting, Trump described the el-Sisi's leadership as "fantastic" and offered the US government's "strong backing". Hijazi was accompanied on the flight by Dina Powell, the deputy White House national security adviser for strategy.

President Trump's promise to unveil a hefty corporate tax cut today and investor relief after the first round of the French elections at the weekend helped to push U.S. markets higher.

Of course the stock market in general has also been on a tear recently - the S&P 500 is up 20% over the last year, and the Russell 200 is up 30% over the past year.

The index has diversified into other sectors, particularly consumer companies. Polls show Macron is likely to beat his far-right rival Marine Le Pen in a deciding vote on May 7. On the Nasdaq, 1,787 issues rose and 519 fell.

The index had a previous high 5916.77737 on 04/20/2017.


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