The Nasdaq Composite closed in record territory on Thursday, completing a 15 year recovery from one of the most spectacular equity market busts experienced by investors.
The $7.7tn technology bellwether has finally topped its March 2000 dotcom bubble peak of 5,056.06 and is within easy distance of the intraday record of 5,132.52.
During the Nasdaq’s long journey back from the bursting of the internet bubble, the composition of the benchmark has altered markedly as US equities have experienced two bull markets and companies generated record profits
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