Fanfare for the Uncommon Index: Nasdaq Leaves Dot-Com Era Behind, Closes at Record High

After 15 long years, the Nasdaq Composite finally broke its dot-com-era high. The question now: Does it really matter anymore? NASDAQ OMX Group The Nasdaq Composite rose 0.4% to 5056.06 today, while the S&P 500 gained 0.2% to 2,112.93, and the Dow Jones Industrial Average advanced 0.1% to 18,058.69. I think Wells Capital Management’s Jim Paulsen summed up [...]