The Nasdaq Composite raced past 6000, the latest sign that technology companies have become a driving forcein the recent stock-market rally. The index hit the milestone 17 years after it reached 5000 during the dot-com era, in a broad rally Tuesday that was turbocharged by earnings from bellwether companies including Caterpillar Inc., McDonald’s Corp. and biotechnology giant Biogen Inc. The Nasdaq climbed 41.67 points, or 0.7%, to...
Source: Wall Street Journal April 25, 2017 14:53 UTC