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Market Extra: Nasdaq trades above historic milestone of 6,000 as stock market rallies

The Nasdaq Composite Index in early Tuesday trade hit a major milestone: surpassing Nasdaq 6,000.

The Nasdaq Composite COMP, +0.64% touched at an intraday record of 6,022, up 0.7%, Tuesday morning in New York.

“The Nasdaq has not seen a major new high, which is to say a breakthrough of a big round number, since way back in 2000,” said Brad McMillan, chief investment officer at Commonwealth Financial Network, back in February when the Nasdaq was flirting with those lofty levels.

Read: MarketWatch’s snapshot of the market

Indeed, the last time the Nasdaq was somersaulting higher was in the late 1990s and early 2000s, during the notorious dot-com bubble.

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