Which market crash began when the dot-com bubble burst in March 2000?

The market crash that began when the dot-com bubble burst in March 2000 was the dot-com crash.

During the late 1990s, investors poured money into internet and technology companies, often valuing businesses on expected future growth rather than profits. The Nasdaq Composite became the main public symbol of this speculation. It reached a peak on March 10, 2000, before falling sharply.

Many online companies had weak revenues, large losses, or untested business models. As interest rates and investor expectations changed, funding became harder to obtain. Numerous dot-com firms failed, while established technology companies also lost substantial market value.

The crash is sometimes confused with the 2008 financial crisis. The dot-com crash centered on technology-stock valuations and the collapse of internet speculation; the 2008 crisis was driven mainly by housing finance, mortgage-related securities, and banking-system stress. The Nasdaq did not regain its 2000 closing high until 2015.