Nasdaq in 1977

The Nasdaq Composite rose 7.3% in 1977, from 97.88 at the end of 1976 to 105.05. Its highest close was 105.05 on Dec 30, and its lowest 93.66 on Apr 5. The biggest one-day fall was −1.4% on Oct 12 and the biggest rise +1.3% on Nov 10. Adjusted for inflation, it gained 0.6%.

Change in 1977

+7.3%

97.88 → 105.05

High

105.05

Dec 30

Low

93.66

Apr 5

After inflation

+0.6%

US CPI

Up days

143 of 252

longest run 15 up, 8 down

Below record

-23.2%

at the end of 1977

Nasdaq, daily closes 1977

Numbers mark the events below

Key Events in 1977

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

1
Thursday, July 14

NYSE stays closed for the day after the New York City blackout. Source

Nasdaq: +0.5% next trading day (Jul 15) · −0.2% a month later
2
Wednesday, October 12 From the data

Biggest one-day fall of the year: −1.4%.
3
Thursday, November 10 From the data

Biggest one-day rise of the year: +1.3%.

Biggest days of 1977

Best days		Worst days
Nov 10	+1.3%	Oct 12	−1.4%
Nov 11	+1.0%	Dec 6	−1.1%
Apr 14	+0.9%	Jul 27	−1.1%
Jan 13	+0.9%	Oct 25	−1.1%
Feb 1	+0.8%	Feb 24	−1.0%

Volatility: 6.6% (annualised standard deviation of daily changes).

Month by month

Month	Close	Change	High	Low
Jan	95.54	−2.4%	97.69	95.54
Feb	94.57	−1.0%	96.74	94.57
Mar	94.13	−0.5%	96.58	94.13
Apr	95.48	+1.4%	96.36	93.66
May	95.59	+0.1%	98.47	95.59
Jun	99.73	+4.3%	99.73	95.80
Jul	100.65	+0.9%	103.11	99.90
Aug	100.10	−0.5%	101.05	99.89
Sep	100.85	+0.7%	101.28	99.47
Oct	97.52	−3.3%	101.69	96.83
Nov	103.15	+5.8%	104.33	96.49
Dec	105.05	+1.8%	105.05	102.50

Other Markets in 1977

Change over the calendar year.

Market	Change	Year-end
Nasdaq	+7.3%	105.05
Dow Jones Industrial Average in 1977	−17.3%	831.17
S&P 500 in 1977	−11.5%	95.10
Gold in 1977	+22.6%	$164.95
Silver in 1977	+9.2%	$4.76
US 10-year Treasury yield in 1977	+0.97 pp	7.78%

1971 1972 1973 1974 1975 1976 1977 1978 1979

Nasdaq in 1977: FAQ

How much did the Nasdaq Composite rise in 1977?

What were the highest and lowest closes of the Nasdaq Composite in 1977?

Highest: 105.05 on December 30, 1977. Lowest: 93.66 on April 5, 1977. It closed higher on 143 of 252 trading days.

What happened to the Nasdaq Composite on July 14, 1977?

NYSE stays closed for the day after the New York City blackout. The Nasdaq Composite rose 0.5% on the next trading day (July 15, 1977), and was −0.2% 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.