10th March 2000: The NASDAQ index peaks at the height of the dot-com bubble

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English - March 10, 2024 03:05 - 1 Byte - ★★★★ - 234 ratings
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Previous Episode: 9th March 1776: “The Wealth of Nations” published by Scottish economist and philosopher Adam Smith

Next Episode: 11th March 1941: Lend-Lease Act signed into law by United States President Franklin D. Roosevelt

The economic bubble that is also referred to as the ‘dot-com boom’ was the result of investors speculatively pouring money into the numerous internet companies that were founded in the mid- to ...