Nasdaq Composite Breaks All-Time High Set During Dot-com Bubble In 2000

U.S. stocks traded sharply higher Thursday, with the Nasdaq composite soaring past its all-time record set during the peak of the dot-com bubble era. The gains were driven by the biotechnology sector, pushing the Nasdaq above its intraday record high of 5,132.52, previously set on March 10, 2000.