Nasdaq Record: Is There A Bubble Lurking?

April 24, 2015 1:39 PM

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The Nasdaq composite, that iconic index that came to symbolize the Internet economy of the late 1990s, has done something it hasn’t accomplished since Al Gore was relevant — it set a new record high.

The Nasdaq closed at 5056.06 on Thursday, up slightly from the previous high of 5048.62 established on March 10, 2000. Of course, the last time the Nasdaq blazed new territory, the stock market slid into a decade-long funk, as the market spent years recovering from the euphoria and high prices creat...

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