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Nasdaq in 1980

The Nasdaq Composite rose 33.9% in 1980, from 151.14 at the end of 1979 to 202.34. Its highest close was 208.15 on Nov 28 — a record that stood until March 25, 1981, and its lowest 124.09 on Mar 27. The biggest one-day fall was −6.1% on Mar 27 and the biggest rise +4.2% on Mar 28. Adjusted for inflation, it gained 19.0%.

Change in 1980
+33.9%
151.14 → 202.34
High
208.15
Nov 28
Low
124.09
Mar 27
After inflation
+19.0%
US CPI
Up days
162 of 253
longest run 12 up, 6 down
Record highs
62
closing records

Nasdaq, daily closes 1980

Numbers mark the events below
132166200previous recordJanFebMarAprMayJunJulAugSepOctNovDec1Jan 10: Nasdaq sets the first of 62 record closing highs this year, at 153.12.2Mar 27: Silver Thursday: silver falls to $10.80 as the Hunt brothers fail to meet margin calls.3Mar 27: Enters a bear market: 20% below its peak of 165.25 (February 8, 1980). Bear market low: 124.09, 24.9% below the peak.4Mar 28: Biggest one-day rise of the year: +4.2%.5Jul 14: Back above its pre-bear-market peak of 165.25 (February 8, 1980).6Sep 22: Iraq invades Iran, starting the Iran-Iraq War.7Nov 13: Nasdaq closes above 200 for the first time (200.25).8Nov 28: Last record close of the year: 208.15.

Key Events in 1980

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

  1. 1
    Thursday, January 10 From the data
    Nasdaq sets the first of 62 record closing highs this year, at 153.12.
  2. 2
    Thursday, March 27
    Silver Thursday: silver falls to $10.80 as the Hunt brothers fail to meet margin calls. Source
    Nasdaq: −6.1% that day · +4.3% a month later
  3. 3
    Thursday, March 27 From the data
    Enters a bear market: 20% below its peak of 165.25 (February 8, 1980). Bear market low: 124.09, 24.9% below the peak.
  4. 4
    Friday, March 28 From the data
    Biggest one-day rise of the year: +4.2%.
  5. 5
    Monday, July 14 From the data
    Back above its pre-bear-market peak of 165.25 (February 8, 1980).
  6. 6
    Monday, September 22
    Iraq invades Iran, starting the Iran-Iraq War. Source
    Nasdaq: +0.3% that day · +0.9% a month later
  7. 7
    Thursday, November 13 From the data
    Nasdaq closes above 200 for the first time (200.25).
  8. 8
    Friday, November 28 From the data
    Last record close of the year: 208.15.

Biggest days of 1980

Best daysWorst days
Mar 28+4.2%Mar 27−6.1%
Apr 2+2.0%Dec 8−3.5%
Apr 22+2.0%Mar 17−3.3%
Jul 7+1.7%Mar 24−3.0%
Apr 1+1.6%Mar 6−2.8%

Volatility: 15.8% (annualised standard deviation of daily changes).

Month by month

MonthCloseChangeHighLow
Jan161.75+7.0%161.75145.97
Feb158.03−2.3%165.25157.46
Mar131.00−17.1%156.87124.09
Apr139.99+6.9%139.99133.08
May150.45+7.5%150.70139.68
Jun157.78+4.9%159.18149.92
Jul171.81+8.9%172.33158.17
Aug181.52+5.7%182.39171.89
Sep187.76+3.4%195.94182.34
Oct192.78+2.7%199.43189.62
Nov208.15+8.0%208.15193.10
Dec202.34−2.8%206.19188.75

Other Markets in 1980

Change over the calendar year.

MarketChangeYear-end
Nasdaq+33.9%202.34
Dow Jones Industrial Average in 1980+14.9%963.99
S&P 500 in 1980+25.8%135.76
Gold in 1980+15.2%$589.75
Silver in 1980−51.9%$15.50
US 10-year Treasury yield in 1980+2.10 pp12.43%
1980198119821983198419851986198719881989

Nasdaq in 1980: FAQ

How much did the Nasdaq Composite rise in 1980?

The Nasdaq Composite rose 33.9% in 1980, from 151.14 at the end of 1979 to 202.34. Its highest close was 208.15 on Nov 28 — a record that stood until March 25, 1981, and its lowest 124.09 on Mar 27. The biggest one-day fall was −6.1% on Mar 27 and the biggest rise +4.2% on Mar 28. Adjusted for inflation, it gained 19.0%.

What were the highest and lowest closes of the Nasdaq Composite in 1980?

Highest: 208.15 on November 28, 1980. Lowest: 124.09 on March 27, 1980. It closed higher on 162 of 253 trading days.

What happened to the Nasdaq Composite on March 27, 1980?

Silver Thursday: silver falls to $10.80 as the Hunt brothers fail to meet margin calls. The Nasdaq Composite fell 6.1% that day, and was +4.3% a month later.

Did the Nasdaq Composite reach a record high in 1980?

Yes — 62 record closing highs, the last at 208.15 on November 28, 1980.

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.