The Magic NASDAQ Record Number: 6,941

April 24, 2015 5:22 PM

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The Nasdaq has surpassed the psychologically important dot-com record, but it would have to rise another 36% to 6,941 to truly be in record territory, taking into consideration inflation and the drop in the value of the dollar since 2000. It could still get there, since Apple (AAPL) and Tesla (TSLA) have yet to report earnings.

Still, after 15 years and two recessions, one great, the Nasdaq has beaten its nominal all-time closing high of 5,048.62 reached on March 10, 2000. The Nasdaq then plunged a sickening 78% by October 2002. Meanwhile, the Dow has hit new all-time nominal and inflation-adjusted 2000 highs.

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