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Nasdaq Back to All-time Highs…sort of

Nasdaq Back to All-time Highs…sort of

The Nasdaq Composite Index finally caught up with its counterparts, the S&P 500 Index and the Dow Jones Industrial Average, in revisiting all-time high levels.  It happened to take 15 years, but the Index accomplished the feat nonetheless.  Today’s Nasdaq is very different than the one from the manic days of the Dotcom era as you can see from the graphic below from Reuters.  Additionally, if you take inflation into account, Nasdaq would have to climb another 39% to reach its previous peak according to Bespoke Investment Group.  

 

Read the full story from Reuters:

Read the full story from Bespoke Investment Group: