This article is a summary of the closing milestones of the Nasdaq Composite, a United States stock market index. Since first opening at 100.00 on February 5, 1971, the Nasdaq Composite has increased, despite several periods of decline.
Milestone highs and lows
Records
| Category | All-Time Highs | All-Time Lows | ||
|---|---|---|---|---|
| Closing | 20,173.89 | Monday, December 16, 2024 | 54.87 | Thursday, October 3, 1974 |
| Intraday | 20,204.58 | Monday, December 16, 2024 | 54.87 | Thursday, October 3, 1974 |
Incremental closing milestones
The following is a list of the milestone closing levels of the Nasdaq Composite. Threshold for milestones is as follows: 10-point increments are used up to the 500-point level; 20 to 1,000; 50 to 3,000; 100 to 10,000; 200 to 20,000; and 500-point increments thereafter. Bold formatting is applied to every five milestones, excluding peaks.
The Early 1970s Bull Market (1971–1972)
| Milestone | Closing Level | Date First Achieved |
|---|---|---|
| 100 | 100.00 | February 5, 1971 |
| 110 | 110.16 | April 19, 1971 |
| 120 | 120.47 | February 2, 1972 |
| 130 | 130.00 | April 5, 1972 |
The 1980s Bull Market (1978–1987)
The 1990s Acceleration Bull Market (1989–2000)
Do-Over of the Milestones (2002–2015)
| Before the Financial Crisis (2002–2007)
After reaching an intra-day low of 1,108.49 on October 10, 2002, after the bursting of the dot-com bubble, the Nasdaq started to recover until a major setback during the 2007–2008 financial crisis.
|
After the Financial Crisis (2011–2015)
After the 2007–2008 financial crisis, Nasdaq started another recovery that ultimately led to the all-time closing high setback in 2000. |
The 2010s Cyclical Bull Market (2015–2020)
Bull Recession of 2020
List of 1000-point milestones by number of trading days
| Milestone (closing) |
Date of Record | Trading Days |
|---|---|---|
| 1,000 | July 17, 1995 | 6,176 |
| 2,000 | July 16, 1998 | 758 |
| 3,000 | November 3, 1999 | 329 |
| 4,000 | December 29, 1999 | 38 |
| 5,000 | March 9, 2000 | 49 |
| 6,000 | April 25, 2017 | 4,310 |
| 7,000 | January 2, 2018 | 174 |
| 8,000 | August 27, 2018 | 164 |
| 9,000 | December 26, 2019 | 335 |
| 10,000 | June 10, 2020 | 114 |
| 11,000 | August 6, 2020 | 40 |
| 12,000 | September 2, 2020 | 19 |
| 13,000 | January 7, 2021 | 87 |
| 14,000 | February 9, 2021 | 22 |
| 15,000 | August 24, 2021 | 136 |
| 16,000 | November 19, 2021 | 62 |
| 17,000 | May 28, 2024 | 631 |
| 18,000 | July 2, 2024 | 24 |
| 19,000 | November 7, 2024 | 90 |
| 20,000 | December 11, 2024 | 23 |
List of 10,000-point milestones by number of trading days
| Milestone | Date of Record | Trading Days |
|---|---|---|
| 10,000 | June 10, 2020 | 12,447 |
| 20,000 | December 11, 2024 | 1,134 |
See also
- Closing milestones of the Dow Jones Industrial Average
- Closing milestones of the S&P 500
- List of largest daily changes in the Nasdaq Composite
- Market trend
- Stock market bubble
- Stock market crash
Notes
This was the Nasdaq's very first close on February 5, 1971.
This was the Nasdaq's close at the peak on January 11, 1973.
This was the Nasdaq's close at the peak on August 27, 1987.
This was the Nasdaq's close at the peak on March 10, 2000.
This was the Nasdaq's close at the peak on October 31, 2007.
The Nasdaq first traded above 5,100 on March 10, 2000; however, it took over 15 years for the Nasdaq to finally close above 5,100.
This was the Nasdaq's all-time intraday high on March 10, 2000, which was finally broken on June 18, 2015.
This was the Nasdaq's close at the peak on July 20, 2015, before the 2015-16 stock market selloff.
The Nasdaq first traded above 5,400 during the session on Tuesday, November 29, 2016, but dropped below before the closing. Over the next few days, Nasdaq returned its post-election gains; however, the Nasdaq finally closed above 5,400 on Thursday, December 8, 2016.
The Nasdaq first exceeded 5,500 intraday on Tuesday, December 27, 2016, before falling back below before closing and then retreated for the next two days, throwing away some of its recent gains. However, it took until January 6 of next year when the Nasdaq finally closed above 5,500.
Since first reaching 5,000 on March 7, 2000, the Nasdaq slowly crawled its way towards 6,000 with major setbacks over the course of 17 years before finally trading above 6,000 (intraday and closing) on April 25, 2017.
The Nasdaq first hit 7,000 during the trading session on Monday, December 18, 2017, before falling back underneath the millenary milestone at closing time and then flirted with it the next day before retreating. January 2, 2018 the first trading day of 2018 was when the Nasdaq first closed above 7,000.
Although the Nasdaq first reached 7,300 intraday on Tuesday, January 16, 2018, the COMP has flirted with the milestone all week and then closed above it three days later.
The Nasdaq first reached 7,600 on Monday, March 12, 2018, before falling back below it for the close. This was repeated the next trading day before another major pullback for the year. It took until Monday, June 4, 2018 (nearly three months) for the Nasdaq to finally close above 7,600.
The Nasdaq first topped 7,800 on Wednesday, June 20, 2018, before falling back underneath at closing time before another pullback took place. It took until July 12, 2018, to finally close above this milestone.
After peaking on February 19, 2020, the Nasdaq Composite rapidly fell into correction later that same month and into bear market territory in the next month amid the COVID-19 pandemic.
References
- ^ DeCambre, Mark (August 6, 2020). "Nasdaq Composite's record rally takes it to fastest 1,000-point milestone in 20 years". Marketwatch. Retrieved August 6, 2020.
- "NASDAQ Composite (^IXIC) Historical Data". Yahoo Finance. Archived from the original on April 22, 2016.