Nasdaq Composite Index sets new record; High one-day point gain record also established.

0 Comments | M2 Presswire, February, 2000

M2 PRESSWIRE-24 February 2000-NASDAQ: Nasdaq Composite Index sets new record; High one-day point gain record also established (C)1994-2000 M2 COMMUNICATIONS LTD RDATE:23022000 Washington, DC -- The Nasdaq Composite Index closed today at 4550.33-the highest level since it was established 29 years ago-with preliminary figures showing the Composite up 168.21 points for the day and 11.82 percent for the year.

The Composite`s last all-time high was set on February 17, 2000, when it reached 4548.92. Today`s record close also marked the Nasdaq Composite`s largest one-day point increase. The previous point-gain record was set on January 10, 2000, with the Composite Index rising 167.05 points. The Nasdaq Stock Market lists nearly 5,000 companies, has a...