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Will it Take 17 years for the Nasdaq Composite to Reach 7,000? Interview with TheStreet.com .

The MID is comprised of a group of experienced market professionals who communicate with listed companies by providing insight and commentary

Will it Take 17 years for the Nasdaq Composite to Reach 7,000? Interview with TheStreet.com

The Nasdaq Composite index crossed 6,000 for the first time on April 25, 2017. I sat down with TheStreet.com’s Scott Gamm to discuss this milestone and why 17 years separated the last 1,000-point milestone. The Nasdaq Composite is a market-cap weighted index of stocks traded on Nasdaq. The strong recent performance of the index has been driven by its top five components—Apple (Nasdaq: AAPL), Alphabet (Nasdaq: GOOGL), Microsoft (Nasdaq: MSFT), Amazon (Nasdaq: AMZN) and Facebook (Nasdaq: FB).

Snapshot: The Nasdaq Composite*

  • Beaten the S&P 500 in 7 of the past 10 years
  • Outperformed the S&P 500 by 65 percent in the last decade (December 2006 – 2016)
  • Outperformed the S&P 500 by 80 percent (December 2006 – April 24, 2017)

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Watch the video interview here >


Michael Sokoll, CFA, manages the Nasdaq Market Intelligence Desk, (MID).

The MID is comprised of a group of experienced market professionals who communicate with listed companies by providing insight and commentary on the factors influencing the day-to-day trading activity.

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