Nasdaq in 1976

The Nasdaq Composite rose 26.1% in 1976, from 77.62 at the end of 1975 to 97.88. Its highest close was 97.88 on Dec 31, and its lowest 78.06 on Jan 2. The biggest one-day fall was −1.4% on Mar 15 and the biggest rise +1.9% on Jan 6. Adjusted for inflation, it gained 20.3%.

Change in 1976

+26.1%

77.62 → 97.88

High

97.88

Dec 31

Low

78.06

Jan 2

After inflation

+20.3%

US CPI

Up days

151 of 253

longest run 9 up, 5 down

Below record

-28.5%

at the end of 1976

Nasdaq, daily closes 1976

Numbers mark the events below

Key Events in 1976

What happened, and how the Nasdaq moved — on the day (or the next trading day) and about a month later.

1
Tuesday, January 6 From the data

Biggest one-day rise of the year: +1.9%.
2
Monday, March 15 From the data

Biggest one-day fall of the year: −1.4%.
3
Tuesday, August 31

Vanguard launches the First Index Investment Trust, the first retail index fund. Source

Nasdaq: +0.5% that day · +2.2% a month later
4
Tuesday, November 2

Jimmy Carter is elected US president. Source

Nasdaq: −1.1% next trading day (Nov 3) · +1.6% a month later

Biggest days of 1976

Best days		Worst days
Jan 6	+1.9%	Mar 15	−1.4%
Jan 29	+1.8%	May 24	−1.4%
Jan 14	+1.5%	Feb 27	−1.3%
Feb 4	+1.2%	Apr 9	−1.3%
Apr 20	+1.1%	Aug 19	−1.2%

Volatility: 8.4% (annualised standard deviation of daily changes).

Month by month

Month	Close	Change	High	Low
Jan	87.05	+12.1%	87.05	78.06
Feb	90.26	+3.7%	92.09	87.25
Mar	90.62	+0.4%	91.21	89.47
Apr	90.08	−0.6%	91.55	88.60
May	88.04	−2.3%	90.64	87.78
Jun	90.32	+2.6%	90.32	86.95
Jul	91.29	+1.1%	92.52	90.28
Aug	89.70	−1.7%	92.01	89.13
Sep	91.26	+1.7%	92.44	90.53
Oct	90.35	−1.0%	90.46	88.73
Nov	91.12	+0.9%	91.42	87.82
Dec	97.88	+7.4%	97.88	91.83

Other Markets in 1976

Change over the calendar year.

Market	Change	Year-end
Nasdaq	+26.1%	97.88
Dow Jones Industrial Average in 1976	+17.9%	1,004.65
S&P 500 in 1976	+19.1%	107.46
Gold in 1976	−4.1%	$134.50
Silver in 1976	+4.2%	$4.36
US 10-year Treasury yield in 1976	−0.95 pp	6.81%

1971 1972 1973 1974 1975 1976 1977 1978 1979

Nasdaq in 1976: FAQ

How much did the Nasdaq Composite rise in 1976?

What were the highest and lowest closes of the Nasdaq Composite in 1976?

Highest: 97.88 on December 31, 1976. Lowest: 78.06 on January 2, 1976. It closed higher on 151 of 253 trading days.

What happened to the Nasdaq Composite on November 2, 1976?

Jimmy Carter is elected US president. The Nasdaq Composite fell 1.1% on the next trading day (November 3, 1976), and was +1.6% a month later.

Data: Daily closes since the index began at 100 on 5 Feb 1971. Price index: dividends are not included. Inflation: US CPI-U. Events marked "From the data" are found automatically from the closing prices; the others are researched, with the source linked. Not investment advice.