Nasdaq Gets Big Boost From Tesla $2,000, Zoom Record High
The stock market has been on fire since its March lows, and so far, nothing's been able to hold back the Nasdaq Composite (NASDAQINDEX: ^IXIC) for very long. After seeing a late-day reversal Wednesday afternoon, the Nasdaq had some market participants thinking that a long overdue correction might be coming. Yet that didn't last, and today, the Nasdaq led the rest of the stock market higher. The Composite and the Nasdaq 100 both rose more than 1%, outpacing other popular market measures.
Gains among the biggest tech companies in the market helped to propel the Nasdaq to new record heights again on Thursday. Yet as we've seen countless times in the past, two popular stocks -- Tesla (NASDAQ: TSLA) and Zoom Video Communications (NASDAQ: ZM) -- produced outpaced gains that showed just how strong a following the two companies have among investors.
Tesla shares jumped once again on Thursday, climbing more than 7%. The move took the share price above the $2,000 mark, another amazing milestone for a stock that's been unstoppable for the past year.
Source Fool.com
