Nasdaq · June 19, 2000
A summer bounce after the spring break
+3.35%
single-day change vs previous close
Part of a longer stretch
The summer that still believed
midway through · 2000-05-23 → 2000-07-17, +35.08% over the whole period
What happened that day?
- June 19, 2000 — the Nasdaq rose 3.35% to 3,989.83. No single cause for the day could be pinned down
- It capped three straight gains, and was the highest close since April 11
- This was the bounce after the spring break. From March 10 to October 12 the episode ran -39.10%
- US inflation data for May had come in quieter than feared — the bet shifted toward the Fed being done
- Rate-sensitive tech names led, carrying the index back within sight of 4,000
- The bounce lasted three sessions. The slide resumed on June 22
- New lows followed through the rest of the year
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 put together from the public record; where a specific source was consulted it is listed above.