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Holiday spree for stock markets
Investors pushed global markets to record highs in a holiday frenzy led by Internet optimism. The Nasdaq topped 4,000, closing at a record, while Dow and S&P also reached new highs. Major indices in London Paris and Frankfurt followed, and Hong Kong and London posted fresh peaks as confidence grew that the Internet reshapes commerce. Infrastructure firms like Oracle Qualcomm Sun Cisco and Broadcom led gains amid Y2K fears easing.
MENTIONED IN THIS ARTICLE
New York
London
Paris
Frankfurt
Germany
Hong Kong
Art Bonnel
Standard & Poor
Oracle Corp
Qualcomm Inc
Sun Microsystems Inc
Cisco Systems Inc
Broadcom Corp