Nasdaq · October 31, 2000
A jump inside the dot-com bust (31 Oct 2000)
+5.58%
single-day change vs previous close
Part of a longer stretch
Nine months down without a rest
midway through · 2000-07-17 → 2001-04-04, -61.66% over the whole period
What happened that day?
- On 31 October 2000 the Nasdaq rose 5.58% in a single day
- It sits inside the dot-com decline that ran from the March 2000 peak to the October 2002 low
- There were many days in this period when the Nasdaq jumped hard. Each was called a bottom and none was
- After a deep fall, news that is merely less bad is enough to produce a violent bounce
- No single trigger is pinned to this day
- Across this stretch the Nasdaq lost close to four-fifths, and it took 15 years to get back
Sources
Every figure on this page is recomputed from the original daily closing prices and checked against them at build time. The account of what happened is written from the sources listed above.