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Monday, March 2, 2015

Nasdaq Composite Rallies, Tops 5,000 for First Time in 15 Years

Posted by PT KONTAK PERKASA FUTURES BALIKPAPAN On 6:26 PM No comments


The Nasdaq Composite Index closed above 5,000 for the first time in 15 years while the Dow Jones Industrial Average and Standard & Poor’s 500 Index reached records as gains in consumer purchases signaled strength in the biggest part of the economy.
The Nasdaq Composite added 0.9 percent to 5,008.10 at 4 p.m. in New York. The S&P 500 climbed 0.6 percent to a record 2,117.18, and the Dow advanced 153.29 points, or 0.9 percent, to 18,285.99, also an all-time closing high. The Russell 2000 Index rose 0.7 percent to a record 1,242.48.
The S&P 500 reached fresh records four times in February, while the Dow average climbed 5.6 percent for its best month since January 2013. The index also topped its record from December for the first time in 2015.
Source: Bloomberg

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