The Nasdaq marked its first close above 6000 fewer than eight months ago. Today, it might close at 7000. Yesterday, the index closed at 6994.76 after climbing as high as 7003.89, its first intraday trading above 7000 ever.
The Nasdaq index, which has a weighting of nearly half tech stocks, is up 30 percent this year. That's significantly higher than the 20 percent rise in the more diversified S&P 500.
The 165-day stretch since crossing 6000 puts the index on pace to achieve its third-fastest 1000-point rise on record. The only time the Nasdaq ever moved faster was during the height of the dot-com bubble.
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