That was 15 years after its last record high during the dotcom boom. That breached its record closing high of 5218.86 on July 20, 2015, though it still lagged its intraday record of 5231.94 from the same day. In the S&P 500, information technology stocks are now up 8% for the year. It means that growth stocks like technology companies are taking part in the broader market rally. ENLARGEAs the S&P 500 and Dow industrials were marking a string of new record highs in recent years, the tech-heavy Nasdaq Composite index often lagged behind.

Source: Wall Street Journal August 05, 2016 14:48 UTC