Boom Times For Tech Stocks Sends Nasdaq Past 10,000-Point Mark
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deadline.comDade Hayes Finance EditorThe Nasdaq cracked the 10,000-point mark for the first time Tuesday before cooling off to close at 9,953.75, a gain of 29.1 points for the day.Over the past year, the tech-heavy index has climbed 33%, far outpacing economic growth and downright contradicting the bleak picture of unemployment and collapse over the past three months.Apple, Facebook, Microsoft and many other major tech stocks rose Tuesday and have posted year-to-date gains despite the serious blow COVID-19 has dealt to the broader economy.
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