Nasdaq Charts Near-Record Gain for Week. (21-APR-01) Daily News (New York, New York) (via Knight-Ridder/Tribune Business News)

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Nasdaq Charts Near-Record Gain for Week.

Publication: Daily News (New York, New York) (via Knight-Ridder/Tribune Business News)

Publication Date: 21-APR-01

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Byline: Judith Schoolman

Apr. 21--The Nasdaq composite index charted its third-biggest weekly gain ever, spurred in part by the Fed's surprise rate cut on Wednesday, even as investors took some profits on big name stocks yesterday.

The tech-heavy index, which dropped 18.73 to 2,163.41 yesterday, climbed 10 percent for the week. But it's still 12 percent lower for...

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