On what date did the Nasdaq Composite reach its peak before the dot-com bubble burst?

The Nasdaq Composite reached its peak before the dot-com bubble burst on March 10, 2000.

The technology-heavy index closed at 5,048.62 that day. During the late 1990s, investors poured money into internet and technology companies, often assigning extremely high valuations to businesses with limited revenue or no profits.

After the March 2000 peak, technology shares began a prolonged decline. Rising interest rates, disappointing earnings, and growing skepticism about internet-company business models weakened the speculative boom. The Nasdaq eventually fell roughly 78% from its peak to its October 2002 low.

The dot-com collapse did not mean that the internet had little economic value. Companies such as Amazon and eBay survived and later became major businesses, while many other firms disappeared. The Nasdaq’s record was not regained until 2015, showing how long the recovery took.