Tech Stocks Give Nasdaq Record Day

Sat., April 8, 2000

From Staff

The Nasdaq composite index ended a rocky week with its biggest point gain ever Friday as investors snapped up technology stocks with strong prospects for earnings growth.

Blue-chip stocks turned lower due to weakness in financial stocks.

The Nasdaq rose 178.89 to 4,446.45, topping its previous record point gain, 168.21, set Feb. 22. The Dow Jones industrial average slipped 2.79 to close at 11,111.48. Broader stock indicators were mostly higher.

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Tech Stocks Give Nasdaq Record Day

Jesse Tinsley

Jim Meehan

Molly Quinn

Rob Curley

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