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Historic Rebound More Solid than Tech Bubble Era

CBN

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After 15 years the NASDAQ stock index is back above 5,000. It's the first time since the tech bubble burst in March of 2000, which sent stocks into a severe bear market that lasted for around 2.5 years.

Many analysts say things are quite different this time.
    
Instead of "dot com" Internet company stocks that had no real earnings, this time the NASDAQ is being driven by solid tech companies, like Apple, along with health care.

The NASDAQ still has a ways to go to set a new all-time high.

Adjusted for inflation, the NASDAQ would have to be at 6,900 today to equal 5,000 back in 2000.

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