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Nasdaq Closes at Record as Street Cheers Earnings

by CNBC

U.S. stocks closed near highs on Thursday, with the Nasdaq at a record, as investors focused on earnings beats amid progress towards near-term resolution in the Greek debt crisis.

The Nasdaq Composite rallied more than 1 percent to set a new closing record of 5,163.18. Earlier in intraday trade, the Nasdaq 100 hit its highest level since the tech bubble in March 2000, with Netflix surging 18 percent and eBay, Stericycle and Micron jumping more than 3 percent. The S&P 500 also came within 10 points of its record close.

Read the rest of this post on the original site »

This article originally appeared on Recode.net.

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