Which 1990s technology bubble began collapsing after the Nasdaq peaked in March 2000?

The dot-com bubble began collapsing after the Nasdaq peaked in March 2000.

The bubble centered on internet-related companies, many of which had little revenue or no profits but attracted huge valuations. Investors believed that rapid online growth would eventually justify almost any price. Venture capital, stock-market enthusiasm, and widespread initial public offerings helped push technology shares higher during the late 1990s.

The Nasdaq Composite reached 5,048.62 on March 10, 2000. It then declined sharply as investors reassessed company finances, interest rates rose, and confidence weakened. Many internet start-ups failed, while established firms with stronger business models survived and later benefited from continued internet expansion.

The dot-com crash is not identical to the entire early-2000s bear market. The bubble was concentrated especially in technology and internet shares, although its collapse affected broader markets and investment spending. The internet itself continued to grow after the speculative boom ended.