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Actionable news in QQQ: PowerShares QQQ Trust, Series 1,

Last time all 3 stock indexes broke records, a long tumble came next

Investors are hoping the markets don't look anything like the last time stocks were breaking records simultaneously.

After all three major U.S. stock indexes closed at record highs on Thursday.

The last time the Dow Jones industrial average, Nasdaq and S&P 500 closed together at new highs was Dec. 31, 1999. Bill Clinton was in the White House, "The Green Mile" was in theaters and the dot-com bubble was nearing its apex. In March 2000, that bubble burst and all three indexes plunged.

Since then, it's been...