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Tag: market capitalization

REUTERS/LUCAS JACKSON

NASDAQ Hits New High, After 15-Year Recovery

15 years after the Dot-Com Bubble burst, the Nasdaq Composite Index leapt by 20.89 points, or 0.4%, to close at 5056.06 on Thursday, a record high. The strength of the index is being driven by the Silicon Valley 150 tech companies that have provided the juice to lift the NASDAQ by 6.8%, despite U.S. stock performance trailing major world markets.