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03 Mar 2015

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Nasdaq closes over 5 000 for 1st time in 15 years

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New York - The Nasdaq finished above 5 000 on Monday for the first time in 15 years, capping a long-running recovery in the exchange after the dot-com bubble burst spectacularly in 2000.

The tech-rich Nasdaq Composite Index jumped 44.57 points (0.90%) to 5 008.10, finishing above 5 000 for only the third time in its history.

Both the Dow Jones Industrial Average and the S&P 500 struck new records as well, as US markets marched ahead in a six-year bull run.

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