Stocks posted their second consecutive day of gains on Thursday, and
the Nasdaq Composite stole the show by setting a new record closing
high. It took more than 15 years, but the index finally exceeded its
prior peak at 5,048.62, made on March 10, 2010, with a close of
5,056.06.
Several previous attempts at a new high in the Nasdaq failed. The
latest run at a record was in March, when the index closed over 5,000,
but then pulled back on profit-taking and fear of lower-than-expected Q1
earnings.
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