Nasdaq up 77% for year
Article Abstract:
The NASDAQ Composite Index rose by 127 points and closed at 3911 on Dec 21, 1999. This is the first time that NASDAQ breached the 3900 barrier and is its 56th new high for 1999. The feat has been surpassed only by the 82% gain attained by the Dow Jones Industrial Average in 1915. A reason for NASDAQ's rise is the decision of the Federal Reserve to maintain current interest rates. Investor interest in technology stocks, which have continued to appreciate in value, also fuelled the rise in NASDAQ's value.
Publication Name: USA Today
Subject: News, opinion and commentary
ISSN: 0734-7456
Year: 1999
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Markets rise on Greenspan comments
Article Abstract:
Federal Reserve chief Alan Greenspan's comment on rate increases has spurred investor confidence in the stock market. The event tipped the Nasdaq composite index up by 48 points, or 1.2% to 4029.57. Meanwhile, the Dow Jones industrial average gained 14.85 points to 10,699.97. The USA Today Internet 100 gained 3.01 points, or 1.9% to 163.99, while the Standard and Poor's 500 index gained 10.18 points to 1474.47.
Publication Name: USA Today
Subject: News, opinion and commentary
ISSN: 0734-7456
Year: 2000
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Chip orders rise, but makers' woes may not be over
Article Abstract:
Intel and other makers of computer chips are happy that their orders are increasing, but analysts said that the companies must wait a little longer for a recovery.
Publication Name: USA Today
Subject: News, opinion and commentary
ISSN: 0734-7456
Year: 2001
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