Nasdaq Composite Rises to a New 52-Week High; A Deserving Break For DJIA And SPXIn the wake of Friday's major payrolls-related rally, the bulls seemed slightly exhausted today. The major market indexes meandered rather aimlessly around the breakeven line for most of the session. However, the tech-rich Nasdaq Composite (COMP) was something of a standout, with the index touching a fresh annual high in today's trading.
The Dow Jones Industrial Average (DJIA – 10,552.52) ended the day with a sigh, giving up 13.7 points, or 0.1%, as 17 of its 30 components finished in the red. American Express (AXP) and 3M Company (MMM) paced the declining equities, while Cisco Systems (CSCO) led the 13 advancing blue chips into the black. Despite today's modest drop, the Dow is still perched comfortably above both its 10-day and 10-week moving averages. The S&P 500 Index (SPX – 1,138.50) finished nearly flat, giving up just 0.2 point by the close. Like the Dow, the SPX remains well north of its ascending 10-day trendline. 
Finally, the Nasdaq Composite (COMP – 2,332.21) bucked the day's downbeat bias, adding on 5.9 points, or 0.3%. On an intraday basis, the COMP climbed as high as 2,335.43, tagging its best price since Sept. 3, 2008.Technology shares pushed the Nasdaq higher on Monday on an otherwise flat day for stocks, led by BlackBerry maker Research in Motion and Cisco Systems a Dow component, hit a 21-month high at $26.36 after JPMorgan Chase recommended the stock to investors, and a day before the company is expected to announce new technology to speed up Internet connections.
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