SINGAPORE (July 14): Morgan Stanley warns that a new tech bubble might be in the works, given how the fast and high tech stocks have gained in recent months. 

Back in March 2000, the tech-heavy NASDAQ Composite index surpassed the S&P 500. From 1995 to its peak in 2000, the NASDAQ rose 400% before the dot-com bubble burst in April that year. At the time, the index stood at 5,048.62 points, the first time it had closed above the 5,000 level. 

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