Has the tech bubble burst? Why the Nasdaq’s rough ride looks eerily like 2000.
Published . Updated .
Friday’s big plunge raises disturbing parallels with the top of the dot-com bubble
Directly affected
- No company is named in this report.
Indirectly affected
- DIA SPDR Dow Jones Industrial Average ETF-1.7% 30d
SPDR Dow Jones Industrial Average ETF: it is a broad US stock-market fund. Linked by “nasdaq” (the broad US market) in this story.
- QQQ Invesco QQQ+0.9% 30d
Invesco QQQ: it is a broad US stock-market fund. Linked by “nasdaq” (the broad US market) in this story.
- IWM iShares Russell 2000 ETF-0.0% 30d
iShares Russell 2000 ETF: it is a broad US stock-market fund. Linked by “nasdaq” (the broad US market) in this story.
- RSP Invesco S&P 500 Equal Weight ETF
Invesco S&P 500 Equal Weight ETF: it is a broad US stock-market fund. Linked by “nasdaq” (the broad US market) in this story.
- VTI Vanguard Total Stock Market ETF
Vanguard Total Stock Market ETF: it is a broad US stock-market fund. Linked by “nasdaq” (the broad US market) in this story.
Price reaction, T-5 to T+3
| Ticker | T-5 | T-3 | T-1 | T0 | T+1 | T+2 | T+3 |
|---|---|---|---|---|---|---|---|
| DIANo price data for this ticker | — | — | — | — | — | — | — |
| QQQ | +3.12% | +5.08% | base | after close | after close | after close | after close |
| IWMNo price data for this ticker | — | — | — | — | — | — | — |
| RSPNo price data for this ticker | — | — | — | — | — | — | — |
| VTINo price data for this ticker | — | — | — | — | — | — | — |
Closing-price change versus T-1, the last close before the story. T0 to T+3 fill in after each market close. Prices: Alpaca IEX.
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Friday’s big plunge raises disturbing parallels with the top of the dot-com bubble
Source: MarketWatch
This story
| Company | When | Move | Status |
|---|---|---|---|
| QQQ | three days earlier | +5.08% | final price |
| QQQ | five days earlier | +3.12% | final price |
This story
12 out of 100
“Has the tech bubble burst? Why the Nasdaq’s rough ride looks eerily like 2000.” scores 12 out of 100. The score uses 1 sources.