The share prices of the top 12 companies are trading on a huge range of earnings multiples - between 11 and 22 times for 2008.
The prices of smaller stocks traded over-the-counter were particularly strong, with the Nasdaq composite index climbing 4.12, to 522.67.
The price of Brent crude, a benchmark, traded in London today at $15.15.
But prices of smaller stocks traded over-the-counter were down, with the Nasdaq composite index falling 1.03, to 515.68.
The price of crude oil in 2003 traded in a range between $20-$30/bbl.
The prices of smaller stocks traded over-the-counter also fell, with the Nasdaq composite index down 0.51, to 515.17.
It went public in August at $7 a share and within a couple of days the price was trading below the offering level.
Another force driving gold's price is trading by speculators.
Analysts said the price of the stock was already trading above its fundamental value because of takeover speculation.
Later on, prices traded in increments of about $100.