Nasdaq Hits Milestone
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Strength in technology stocks, which was helping carry the Nasdaq across the 4,300 level for the first time ever, was also benefiting Internet shares Tuesday.
At noon Eastern, internet.com's Internet Stock Index was up 17.04, or 1.89 percent, to 919.79, the Nasdaq Composite had climbed 58.59 to 4,830.36 and the Dow Jones industrial average had gained 81.59 to 10,987.38.
Reuters Group PLC (RTRSY) American depositary receipts had soared 21-1/8 to 120-1/2 and Multex.com Inc. (MLTX) had gained 1-1/8 to 31. Reuters plans to form a new Web site targeting European private investors in partnership with Multex.
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