1999day.year
The Dow Jones Industrial Average closes above the 10,000 mark (10,006.78) for the first time, during the height of the dot-com bubble.
On March 29, 1999, the Dow Jones Industrial Average closed above 10,000 points for the first time, symbolizing the height of the dot-com boom.
During the peak of the dot-com bubble, investor optimism drove the Dow Jones Industrial Average to reach 10,006.78. The milestone marked a psychological benchmark for U.S. markets and garnered global media attention. Technology stocks led the rally, fueled by expectations of internet-driven growth. Traders celebrated on the floor of the New York Stock Exchange as the ticker flashed triple digits. However, analysts warned that valuations were detached from economic fundamentals. The index would later retreat as the bubble burst in the early 2000s, but the moment remains emblematic of 1990s market exuberance.
1999
Dow Jones Industrial Average
dot-com bubble