Nikkei 225 · April 17, 2000
Dot-com Crash — Nikkei
-6.98%
single-day change vs previous close
Part of a longer stretch
The dot-com bust reaches Tokyo
early in it · 2000-04-12 → 2001-03-13, -43.27% over the whole period
What happened that day?
- The Nasdaq broke on Friday 14 April 2000; Tokyo received the result on Monday 17 April
- Nikkei 225 fell 6.98%
- Japan had its own surge in internet-related names — telecom and software prices had risen without reference to earnings
- They fell together once the same logic broke in the US
- Japan's situation differed in one way: it was just beginning to emerge from the decade of stagnation after the 1990 bubble
- Tech had been the expected engine of recovery, so its reversal disappointed more sharply
- Fell 24.8% from peak
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.