The technology-heavy Nasdaq Composite rose 0.1% to its highest finish since November 2000.

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One of the stocks moving in the technology-heavy Nasdaq index today is TiVo.

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The technology-heavy Nasdaq 100, as represented by the PowerShares QQQ Trust ( QQQ), has been showing better relative strength since mid-June.

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Yet, though the Dow Jones has fallen by 16% from it peak, the technology-heavy Nasdaq market has barely paused for breath in its ascent.

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Gains for technology companies helped push the technology-heavy Nasdaq composite higher.

NPR: Stocks Gain After Unemployment Claims Fall

In recent months, Intel and Apple have issued profit warnings, sending shockwaves through the technology-heavy Nasdaq index and renewing fears about the future profitability of the sector.

BBC: 3Com warns on profits

While the NYSE and Nasdaq markets are longtime rivals, things have heated up considerably between them in recent years as some of the stocks quoted on the technology-heavy Nasdaq have become as valuable as the biggest exchange-listed offerings.

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Technology companies had a particularly disappointing week, reflected by a 1.5% drop in the tech-heavy NASDAQ 100.

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