Nasdaq · October 20, 1999
Where the direction changed
+3.72%
single-day change vs previous close
What happened that day?
- On 20 October 1999 the Nasdaq rose 3.72%
- The pullback that had run through the autumn ended around here
- Technology results were coming in strong, especially from networking equipment and chips
- From this point to year end the Nasdaq rose almost without pause. A large share of the year's gain sits in these two months
- No single trigger can be pinned to this day
- Internet listings started crowding in again from around this time
- That run broke the following March
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.