NASDAQ Close to 10-1/2 Year High

While the S&P 500 is still below its high from October 2007, that NASDAQ Composite ($COMPQ) closed today just inches from its highest close since December 12, 2000.

Thanks to the news that Microsoft ($MSFT) is buying Skype for $8.5 billion, the NASDAQ closed today at 2,871.89 which is just 1.65 below the close from April 29, 2011.

Posted by on May 10th, 2011 at 4:23 pm


The information in this blog post represents my own opinions and does not contain a recommendation for any particular security or investment. I or my affiliates may hold positions or other interests in securities mentioned in the Blog, please see my Disclaimer page for my full disclaimer.