Tuesday, March 2, 2010

Surged on strong buying interest

The NASDAQ index started March with a strong, broad-based push to fresh one-month highs in the face of a stronger dollar. Large-cap techs led the rally. Investors welcomed AIG's $35 billion asset sale. SanDisk was one of the best performers in the Nasdaq after the company's improved its outlook. Market breadth was positive. QQQQ implied volatilty slipped further as jitters over Greece faded.