The seemingly unstoppable strength of the tech sector powered the
Nasdaq Composite Index
TheStreet.com Internet Sector
index to new highs.
The Nasdaq Comp soared 77.4, or 2.4%, to close at a record 3346.7, the latest in a lengthy string of new highs. Top movers included
, the latter of which was upped to a price target of 145 by
Credit Suisse First Boston
. Citrix jumped 16 5/8, or 20.4%, to 98 1/2 while E.piphany was seeing stars, as it closed up 36 11/16, or 24.1%, to 188 15/16.
TheStreet.com Internet index popped 53.6, or 5.9%, to a new high of 955.9, helped by gains in bellwether
up 8 to 213 7/8, nudging near its all-time closing high of 219 1/8, hit in April.
, which rose 3 5/8, to 159 1/4, is also sauntering up to its all-time closing high of 167 1/2, also reached back in April. The DOT now boasts a 135.2% year-to-date gain.
index rose 4 1/8, or 5.1%, to 86 9/32, helped by gains in
, which rose 4 1/4, or 9.7%, to 48 after it confirmed its purchase of privately held
, a scoop first
index, which tacked on 4.92, or 4.1%, to 126.13,
was a star, shining 11 15/16, or 8%, to 152 1/4.