US STOCKS-Nasdaq sets closing record
(Updates to close)
* Nasdaq tops March 10, 2000 high of 5048.62
* S&P 500 hits intraday record high
* Indexes: Dow up 0.11 pct, S&P up 0.24 pct, Nasdaq up 0.41 pct
By Caroline Valetkevitch
April 23 (Reuters) - The Nasdaq Composite, the U.S. market index most closely associated with technology stocks, closed at an all-time high on Thursday, surpassing a 2000 record set just before the dotcom crash.
Its record close of 5,056.06 capped a slow, unsteady climb from a 2002 low of 1,114.11 that spanned a recession, the rise of biotech and social media, and the explosive growth of mobile phones that has helped make Apple the most valuable company in the United States.
The Nasdaq jumped as high as 5,073.091 on Thursday, led by shares of Apple, which has been among the biggest positive influences on the index in recent years. The index's last record close of 5,048.62 was hit on March 10, 2000.
The S&P 500 set an intraday high but closed shy of a new record. Continuación...