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Nasdaq hits 5000 : First time Since March 2000.

02-Nasdaq02 March 2015 :: Nasdaq hits 5000 : First time Since March 2000.

The Nasdaq briefly touched the psychologically important level of 5,000 on Monday as investors cheered U.S. economic data and an interest rate cut in China. The Nasdaq is still below its all-time record 5,048.62 and intra-day high of 5,131.52, both set on March 10, 2000. But market watchers say the index is poised to spurt higher.

 NASDAQ

The NASDAQ Stock Market commonly known as the NASDAQ, is an American stock exchange. It is the second-largest exchange in the U.S. and world by market capitalization and trading volume. The exchange platform is owned by The NASDAQ OMX Group, which also owns the OMX stock market network and several other US stock and options exchanges.

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