Nasdaq 100 rose 3% for the first time since the dot-com bubble era. Why it brings up old memories of this ‘scary’ period

The tech-heavy Nasdaq 100 index on Thursday scored a daily advance of over 3% to close at its all-time high for the first time since March 2000, a scene in some ways reminiscent of the dot-com era which led up to the bursting of the bubble preluded the recession, according to Bespoke Investment Group.