what happened on march 4, 2000
On March 4, 2000, the Nasdaq Composite closed at 5,048.62, its first-ever finish above 5,000. The milestone felt like a coronation for the decade-long tech boom. Trading volume that day hit 1.9 billion shares, a record then. Floor brokers at the NYSE wore “Nasdaq 5,000” baseball caps shipped in overnight. CNBC ran a ticker-wide banner…