Friday September 18, 2020

Nasdaq fights to return to pre-crash levels

The Nasdaq Composite Index's all-time high, reached five years ago last week, may become the US stock market's version of the 1980 peak in gold or the 1989 high in Japanese shares.

12th March, 2005

The Nasdaq Composite Index's all-time high, reached five years ago last week, may become the US stock market's version of the 1980 peak in gold or the 1989 high in Japanese shares.

The index would have to more than double to surpass its record close of 5,048.62 on March 10, 2000, even after climbing 86 per cent since October 2002. Shares, including those in Intel, the second-largest Nasdaq firm by market value, and in Cisco Systems, the...

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