What was the name of the U.S. stock-market bubble that burst in March 2000?

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The U.S. stock-market bubble that burst in March 2000 was the dot-com bubble.

During the late 1990s, investors poured money into internet-related companies, often valuing businesses on expected future growth rather than profits or established revenue. The Nasdaq Composite became the clearest market symbol of the boom.

The Nasdaq peaked at 5,048.62 on March 10, 2000. As investors reassessed unrealistic business models and rising interest rates reduced the appeal of speculative technology shares, prices fell sharply. Many internet start-ups failed, while some surviving firms became major companies.

The dot-com crash is distinct from the 2008 financial crisis, which centered on housing finance, credit markets, and bank balance sheets. It also differed from the 1987 crash because the 2000 decline unfolded over a much longer period rather than in one dramatic day.

Source: Wikipedia · fact-checked Oct. 2026

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