Morning MoneyBeat: Nasdaq Nears 4000 – Wall Street Journal (blog)
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Morning MoneyBeat: Nasdaq Nears 4000
Wall Street Journal (blog) Consider the late 1990s, when an investment frenzy fueled by unprofitable, unproven companies – valued on “clicks” and “eyeballs” – gripped Wall Street. In October 1998, the Nasdaq Comp sat at about 1500. By Oct. 1999, the index had doubled to 3000. |
