Dow 16,000. S&P 500 1,800. And, at long last, for the first time since the Clinton administration, Nasdaq 4,000.
The Nasdaq Composite Index closed above 4000 for the first time in 13 years, the latest milestone in a 2013 stock rally fueled by easy money from the Fed and robust investor demand for a broader swath of fast-expanding companies.
A rise of 23.18 points Tuesday to 4017.75 put the index up 33% for the year. It remains more than 1000 points below its record close of 5048.62 on March 10, 2000.
