The Traderszone Network

Published in TZ Latest News 18 June, 2015 by The TZ Newswire Staff

Stocks Give Solid Post-Fed Showing; Nasdaq Hits Record High

Stocks performed much better Thursday after a lackluster reaction to the Fed on Wednesday. Thanks to gains in biotechs, software and Internet stocks, the Nasdaq bolted 1.3% to 5132.95. The tech-heavy index not only cleared its recent trading range, but also nailed an all-time high. It took more than 15 years, or 5,578 calendar days, for the Nasdaq to surpass its March 10, 2000 high of 5132.52 reached during the dot-com bubble.

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