Pursuits
Nasdaq Composite Advances Toward 2000 Record Amid Global Rally
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The Nasdaq Composite Index jumped to the highest level in 15 years, nearly wiping out its losses since the end of the dot-com bubble, as Biogen Idec Inc. and energy shares helped boost a global equities rally.
The Nasdaq Composite advanced 0.7 percent to 5,026.42 at 4 p.m. in New York, after coming to within 7 points of its all-time high set in March 2000. The Standard & Poor’s 500 Index climbed 0.9 percent to 2,108.10, to its biggest weekly gain in six. The Dow Jones Industrial Average added 168.62 points, or