S&P 500 · March 24, 2000

The day the S&P 500 topped out

+0.01%

single-day change vs previous close

Part of a longer stretch

The dot-com bust hits the S&P 500

early in it · 2000-03-24 → 2002-10-09, -49.15% over the whole period

What happened that day?

The S&P 500 moved 0.01% on the day, and this level is the peak of the dot-com bubble
The Nasdaq had peaked two weeks earlier, on 10 March. Technology turned first and the wider index followed
The S&P 500 is less weighted to technology and fell less — close to half over the next two and a half years, against the Nasdaq's near eighty percent
It shows how differently the same bubble ends depending on what an index holds
The S&P 500 regained this high in May 2007, seven years later
And that recovery broke again a few months afterwards in the financial crisis

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.