No bubble in sight as Nasdaq nears its 15-year-old peak
Analysts say Fed's rate policy, incubation of startups before IPO and Apple's rise underpin rally
Add BT as a preferred source
DeeperDive is a beta AI feature. Refer to full articles for the facts.
New York
AS the technology-heavy Nasdaq Composite Index closes in on the all-time high it reached in March 2000, investors are facing a market that barely resembles the go-go era of 15 years ago.
Valuations, as measured by what investors are willing to pay for the last 12 months of earnings, are an eighth of what they were at the peak of the dotcom bubble, when the Nasdaq hit an intraday record of 5,132 before falling more than 63 per cent in 12 months.
Share with us your feedback on BT's products and services
TRENDING NOW
‘Boring’ is the new black: The stars are aligning for a Singapore stock market revival
Aiming at China, Malaysia puts new restrictions on electric cars
Singapore tightens monetary policy for first time since 2022, raises inflation forecasts amid Iran war oil shock
Mustafa Centre begins fit-out at JB’s Capital City Mall after 2-year delay
