Nasdaq in 2000

The Nasdaq Composite fell 39.3% in 2000, from 4,069.31 at the end of 1999 to 2,470.52. Its highest close was 5,048.62 on Mar 10 — a record that stood until April 23, 2015, and its lowest 2,332.78 on Dec 20. The biggest one-day fall was −9.7% on Apr 14 and the biggest rise +10.5% on Dec 5. Adjusted for inflation, it lost 41.3%.

Change in 2000

−39.3%

4,069.31 → 2,470.52

High

5,048.62

Mar 10

Low

2,332.78

Dec 20

After inflation

−41.3%

US CPI

Up days

122 of 252

longest run 7 up, 7 down

Record highs

closing records

Nasdaq, daily closes 2000

Numbers mark the events below

Key Events in 2000

What happened, and how the Nasdaq moved — on the day (or the next trading day) and about a month later.

1
Monday, January 3 From the data

sets the first of 16 record closing highs this year, at 4,131.15.
2
Monday, January 10

AOL and Time Warner announce their merger. Source

Nasdaq: +4.3% that day · +14.0% a month later
3
Thursday, March 9 From the data

closes above 5,000 for the first time (5,046.86).
4
Friday, March 10

Nasdaq Composite peaks at 5,048.62, the high of the dot-com bubble. Source

Nasdaq: 0.0% that day · −11.9% a month later
5
Wednesday, April 12 From the data

Enters a bear market: 20% below its peak of 5,048.62 (March 10, 2000).
6
Friday, April 14 From the data

Biggest one-day fall of the year: −9.7%.
7
Tuesday, May 23 From the data

Bear market low: 3,164.55, 37.3% below the peak.
8
Friday, October 6 From the data

Enters a bear market: 20% below its peak of 4,274.67 (July 17, 2000).
9
Tuesday, December 5 From the data

Biggest one-day rise of the year: +10.5%.
10
Thursday, December 21

Commodity Futures Modernization Act is signed, exempting most OTC derivatives from CFTC regulation. Source

Nasdaq: +0.3% that day · +21.8% a month later

Biggest days of 2000

Best days		Worst days
Dec 5	+10.5%	Apr 14	−9.7%
May 30	+7.9%	Apr 3	−7.6%
Oct 13	+7.9%	Dec 20	−7.1%
Oct 19	+7.8%	Apr 12	−7.1%
Dec 22	+7.6%	May 23	−5.9%

Volatility: 48.8% (annualised standard deviation of daily changes).

Month by month

Month	Close	Change	High	Low
Jan	3,940.35	−3.2%	4,235.40	3,727.13
Feb	4,696.69	+19.2%	4,696.69	4,051.98
Mar	4,572.83	−2.6%	5,048.62	4,457.89
Apr	3,860.66	−15.6%	4,446.45	3,321.29
May	3,400.91	−11.9%	3,958.08	3,164.55
Jun	3,966.11	+16.6%	4,064.01	3,582.50
Jul	3,766.99	−5.0%	4,274.67	3,663.00
Aug	4,206.35	+11.7%	4,206.35	3,658.46
Sep	3,672.82	−12.7%	4,234.33	3,656.30
Oct	3,369.63	−8.3%	3,568.90	3,074.68
Nov	2,597.93	−22.9%	3,451.58	2,597.93
Dec	2,470.52	−4.9%	3,015.10	2,332.78

Other Markets in 2000

Change over the calendar year.

Market	Change	Year-end
Nasdaq	−39.3%	2,470.52
Dow Jones Industrial Average in 2000	−6.2%	10,786.85
S&P 500 in 2000	−10.1%	1,320.28
Russell 2000 in 2000	−4.2%	483.53
Nikkei 225 in 2000	−27.2%	13,785.69
Gold in 2000	−5.4%	$274.45
Silver in 2000	−14.1%	$4.58
WTI crude oil in 2000	+3.7%	$26.72
Brent crude oil in 2000	−9.4%	$22.58
US 10-year Treasury yield in 2000	−1.33 pp	5.12%

2000 2001 2002 2003 2004 2005 2006 2007 2008 2009

Nasdaq in 2000: FAQ

How much did the Nasdaq Composite fall in 2000?

What were the highest and lowest closes of the Nasdaq Composite in 2000?

Highest: 5,048.62 on March 10, 2000. Lowest: 2,332.78 on December 20, 2000. It closed higher on 122 of 252 trading days.

What happened to the Nasdaq Composite on January 10, 2000?

AOL and Time Warner announce their merger. The Nasdaq Composite rose 4.3% that day, and was +14.0% a month later.

Did the Nasdaq Composite reach a record high in 2000?

Yes — 16 record closing highs, the last at 5,048.62 on March 10, 2000.

Data: Daily closes since the index began at 100 on 5 Feb 1971. Price index: dividends are not included. Inflation: US CPI-U. Events marked "From the data" are found automatically from the closing prices; the others are researched, with the source linked. Not investment advice.