The Dow reached a 7-month high last Thursday and Nasdaq topped 8,000 on Wednesday as both indexes (and the S&P 500) are only a little over 1% below their all-time highs, set last fall.
The biggest news last week was that the Apple ([[AAPL]]) and Qualcomm ([[QCOM]]) settlement on Tuesday should help both companies move on and proceed to build great 5G products. There is no doubt that 5G, which brings cable modem broadband speeds to wireless products, will trigger a massive upgrade to phones, tablets, computers, and other products that utilize wireless broadband technology.