What 2000–2002 market collapse followed the bursting of the dot-com bubble?

The 2000–2002 market collapse that followed the bursting of the dot-com bubble was the dot-com crash.

During the late 1990s, investors poured money into internet and technology companies, often accepting very high valuations from businesses with little revenue or no profits. The Nasdaq Composite reached a peak of 5,048.62 on March 10, 2000. As expectations changed, technology shares fell and many internet startups failed.

The Nasdaq lost roughly 78% of its value from its peak to its October 2002 low. The collapse reduced investment, caused layoffs, and ended many speculative ventures, although surviving companies helped build the later digital economy.

The dot-com crash is distinct from the 2008 financial crisis. It centered on overvalued technology equities and venture financing, whereas 2008 involved housing credit, mortgage securities, banks, and a broader financial-system breakdown.