A 7.8% gain for the Nasdaq from its Wednesday level of 13,625 would send it to about 14,600, its highest level since last March. Further Reading. Nasdaq, S&P 500 Set 2023 Highs (Forbes) ...

The tech-heavy Nasdaq Composite index fell 5.8 percent, pushing it into a bear market, down almost 23 percent from its record closing high in December.