The S&P 500 in 2000
The S&P 500 fell 10.1% in 2000, from 1,469.25 to 1,320.28; with dividends reinvested, the total return was −9.1%. That ranks 2000 20th-worst of the 98 complete calendar years since 1928.
- Price return
- −10.1%
- Total return
- −9.1%
- Deepest decline in the year
- −17.2%December 20, 2000
- Year-end close
- 1,320.28December 29, 2000
- Highest close
- 1,527.46March 24, 2000
- Lowest close
- 1,264.74December 20, 2000
- Record closes
- 4
- Trading days
- 252
- Best day
- +4.8%March 16, 2000
- Worst day
- −5.8%April 14, 2000
- Shiller CAPE in January
- 43.8
How 2000 unfolded
The highest close of the year was 1,527.46 on March 24, 2000; the lowest was 1,264.74 on December 20, 2000.
The deepest fall from a peak within the year was −17.2%, bottoming on December 20, 2000.
4 closes set new all-time highs, the last on March 24, 2000.
The best session was March 16, 2000 (+4.8%); the worst was April 14, 2000 (−5.8%).
No month of 2000 falls inside an NBER-dated recession.
The Shiller CAPE stood at 43.8 in January 2000.
The VIX averaged 23.3 over the year and closed as high as 33.5 on April 14, 2000.
Drawdowns that touched 2000
| Drawdown | Peak → trough | Decline | Back at the record |
|---|---|---|---|
| Pullback (5–10%) | December 31, 1999 → February 25, 2000 | −9.2% | March 21, 2000 |
| The Dot-Com Bust | March 24, 2000 → October 9, 2002 | −49.1% | May 30, 2007 |
Every decline of 5% or more from a record close that was under way, or still being recovered, during 2000.
2000 month by month
| Month | Return |
|---|---|
| January | −5.1% |
| February | −2.0% |
| March | +9.7% |
| April | −3.1% |
| May | −2.2% |
| June | +2.4% |
| July | −1.6% |
| August | +6.1% |
| September | −5.3% |
| October | −0.5% |
| November | −8.0% |
| December | +0.4% |
What $10,000 at the start of 2000 became
$10,000 invested in the S&P 500 at the start of 2000, with dividends reinvested, grew to $75,285 by the end of 2025: 8.1% a year. On price alone, without dividends, it came to $46,587.
FAQ
What was the S&P 500 return in 2000?
The S&P 500 fell 10.1% in 2000, from 1,469.25 to 1,320.28; with dividends reinvested, the total return was −9.1%.
How far did the S&P 500 fall in 2000?
Its deepest peak-to-trough decline within 2000 was −17.2%, reaching bottom on December 20, 2000.
Was 2000 part of a bear market?
Yes. 2000 falls inside the 2000–2002 bear market (The Dot-Com Bust), when the S&P 500 fell 49.1% from its record close on March 24, 2000 to its low on October 9, 2002.
Did the S&P 500 hit a record high in 2000?
Yes: 4 closes set new all-time highs in 2000, the last on March 24, 2000.
Data and sources
Daily closes · Calendar-year price returns · Calendar-year total returns · Intra-year declines · Drawdowns from record closes · Shiller CAPE · NBER recession months (via FRED) · Monthly returns · VIX daily closes
Index levels are daily closes. Price return leaves dividends out; total return reinvests them. A past year's page changes only when a later year completes and the rankings move.