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On March 10, 2000, the NASDAQ stock index hit a record high. After the tech bubble burst the NASDAQ dropped 77% by October 4, 2002.
On March 10, 2000, the NASDAQ stock index hit a record high. After the tech bubble burst the NASDAQ dropped 77% by October 4, 2002. The NASDAQ closed on February 27, 2004, 77% higher than the close on October 4, 2002. The next morning The Wall Street Journal ran the following headline: The NASDAQ rebounds 77%. Did the NASDAQ fully recover all losses from the October 4, 2002 close? You must support your answer. Must show in excel if applicable
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