Which U.S. technology index reached 5,048.62 at the peak of the dot-com bubble in March 2000?

The Nasdaq Composite reached 5,048.62 at the peak of the dot-com bubble in March 2000.

The index hit that record closing level on March 10, 2000, after years of enthusiasm for internet and technology companies. Many firms attracted enormous valuations despite having limited revenue, no profits, or business models that had not been tested through a full market cycle.

After the peak, the Nasdaq Composite fell sharply as investors reassessed technology shares. The decline became the central market story of the dot-com bubble’s collapse, although the broader economic consequences varied by country and industry.

The Nasdaq Composite is not the same as the Nasdaq-100. The Composite includes thousands of companies listed on the Nasdaq exchange, while the Nasdaq-100 tracks 100 of the largest non-financial companies listed there. The 2000 peak was not permanently recovered until 2015.