Mexico Star
MexicoStar.com Monday 13th February 2012 Issue 044/2012
Follow us on Follow us on TwitterFollow us on facebook
  • More Breaking Business News

  • Adele scores big win at Grammys
  • JuD leader Hamza says legs of any 'whore' going to India to act in films should be broken
  • Romantic drama 'The Vow' beats action flicks to top weekend box office
  • Whitney Houston's death marks tragic fall of once-regal career
    Get Breaking Business News headlines emailed to you daily.

    Nasdaq crash was ten years ago
    Mexico Star
    Wednesday 10th March, 2010  


    It is ten years since the dotcom bubble burst.

    The Nasdaq exchange had risen 24% from the end of 1999 while the Dow Jones index of leading industrial shares had fallen 13%.

    Many players, convinced the Nasdaq would smash through the 6,000-level, stayed on when, on the 10th March 2000, Nasdaq's leading technology shares spiked and fell quickly, ensuring the end of the overblown internet economy.

    Since then, the Nasdaq exchange has failed to recover fully and currently trades at less than half its peak value.

    While some companies are still thriving on the Nasdaq, many tech firms have swapped to the blue-chip New York Stock Exchange.


      Email this story to a friend

    Have your say on this story

    Your nickname (required)
    Message