what happened on march 9, 2000
On 9 March 2000, the Nasdaq Composite closed at 5,048.62, a record that would stand unchallenged for the next fifteen years. The day felt electric: CNBC anchors spoke in half-sentences, day-trading chat rooms froze from traffic, and IPO filings landed hourly. Yet beneath the euphoria, cracks widened. Margin debt had doubled in twelve months, venture…