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The Nasdaq on Monday closed above 5,000 for the first time since the year 2000 dot-com bubble as tech stocks were boosted by deals, while the S&P 500 and Dow indexes hit records after economic data pointed to a slowly accelerating economy.
The Dow Jones industrial average rose 155.93 points, or 0.86 percent, to 18,288.63, the S&P 500 gained 12.89 points, or 0.61 percent, to 2,117.39 and the Nasdaq Composite added 44.57 points, or 0.9 percent, to 5,008.10.
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