Boom! Nasdaq finally tops 5,000 again

The Nasdaq is now just 2.6% from its all-time high from its Dot-com peak that it hit almost exactly 15 years ago.

Stock markets around the world have been crushing records lately. The Nasdaq, home to Apple (AAPL, Tech30), Microsoft (MSFT, Tech30), Google (GOOGL, Tech30), Intel (INTC, Tech30) and many other prominent tech stocks, is actually the last major index to come close to its all-time highs.

The Dow and S&P 500 have been routinely hitting new records for the past year.

A lot of people have concerns that this might be a warning sign that stocks are back at lofty levels again, but much is different now versus the Dot-com era, including the fact that many of the companies leading the charge are well established and have a lot of cash on hand.

Related: Why this tech party isn't like 1999

History lesson: Tech stocks plummeted in 2000 as prices for technology companies, particularly relatively new Internet firms, got way too high in a relatively quick fashion. It was a classic bubble.

The plunge was breathtaking. By October 2002, the Nasdaq had fallen to around 1,1108 -- nearly 80% below its all-time high of about 5,132.

But tech stocks have come roaring back since the broader market bottomed nearly six years ago during the Great Recession.

The mobile and social media revolutions have helped lead the way as Apple, Google and Facebook (FB, Tech30) have all emerged as some of the leading tech companies in the world.

CNNMoney (New York) March 2, 2015: 10:47 AM ET

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