CorganoGold Price
Free widgets Market open
Gold4,023.61−0.01%Silver54.53−0.13%Platinum1,566.07−0.10%Palladium1,056.19−0.02%
Gold/Silver73.79
DXY101.57−0.04%
US10Y4.95%−3.75%
WTI99.51+0.04%
S&P 5007,663−1.21%
Dow52,868+0.02%
Bitcoin81,270−3.28%
VIX19.03+14.09%

Nasdaq in 1983

The Nasdaq Composite rose 19.9% in 1983, from 232.41 at the end of 1982 to 278.60. Its highest close was 328.91 on Jun 24 — a record that stood until January 7, 1986, and its lowest 230.59 on Jan 3. The biggest one-day fall was −3.0% on Jan 24 and the biggest rise +1.8% on Jul 20. Adjusted for inflation, it gained 15.5%.

Change in 1983
+19.9%
232.41 → 278.60
High
328.91
Jun 24
Low
230.59
Jan 3
After inflation
+15.5%
US CPI
Up days
151 of 253
longest run 8 up, 6 down
Record highs
55
closing records

Nasdaq, daily closes 1983

Numbers mark the events below
240280320previous recordJanFebMarAprMayJunJulAugSepOctNovDec1Jan 10: Nasdaq sets the first of 55 record closing highs this year, at 240.94.2Jan 24: Biggest one-day fall of the year: −3.0%.3May 6: Nasdaq closes above 300 for the first time (301.64).4Jun 24: Last record close of the year: 328.91.5Jul 20: Biggest one-day rise of the year: +1.8%.

Key Events in 1983

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

  1. 1
    Monday, January 10 From the data
    Nasdaq sets the first of 55 record closing highs this year, at 240.94.
  2. 2
    Monday, January 24 From the data
    Biggest one-day fall of the year: −3.0%.
  3. 3
    Friday, May 6 From the data
    Nasdaq closes above 300 for the first time (301.64).
  4. 4
    Friday, June 24 From the data
    Last record close of the year: 328.91.
  5. 5
    Wednesday, July 20 From the data
    Biggest one-day rise of the year: +1.8%.

Biggest days of 1983

Best daysWorst days
Jul 20+1.8%Jan 24−3.0%
Jan 6+1.7%Jun 28−2.6%
Jan 27+1.7%Oct 18−2.1%
Nov 11+1.5%Jul 28−2.1%
May 6+1.5%Aug 8−1.8%

Volatility: 11.8% (annualised standard deviation of daily changes).

Month by month

MonthCloseChangeHighLow
Jan248.35+6.9%248.35230.59
Feb260.67+5.0%262.44248.15
Mar270.80+3.9%270.89261.82
Apr293.06+8.2%293.06266.47
May308.73+5.3%312.05289.65
Jun318.70+3.2%328.91307.95
Jul303.96−4.6%321.58303.96
Aug292.42−3.8%303.86289.36
Sep296.65+1.4%304.56294.55
Oct274.55−7.4%297.42274.55
Nov285.67+4.1%285.67269.57
Dec278.60−2.5%286.07274.51

Other Markets in 1983

Change over the calendar year.

MarketChangeYear-end
Nasdaq+19.9%278.60
Dow Jones Industrial Average in 1983+20.3%1,258.64
S&P 500 in 1983+17.3%164.93
Gold in 1983−16.3%$382.40
Silver in 1983−18.0%$8.91
US 10-year Treasury yield in 1983+1.46 pp11.82%
1980198119821983198419851986198719881989

Nasdaq in 1983: FAQ

How much did the Nasdaq Composite rise in 1983?

The Nasdaq Composite rose 19.9% in 1983, from 232.41 at the end of 1982 to 278.60. Its highest close was 328.91 on Jun 24 — a record that stood until January 7, 1986, and its lowest 230.59 on Jan 3. The biggest one-day fall was −3.0% on Jan 24 and the biggest rise +1.8% on Jul 20. Adjusted for inflation, it gained 15.5%.

What were the highest and lowest closes of the Nasdaq Composite in 1983?

Highest: 328.91 on June 24, 1983. Lowest: 230.59 on January 3, 1983. It closed higher on 151 of 253 trading days.

Did the Nasdaq Composite reach a record high in 1983?

Yes — 55 record closing highs, the last at 328.91 on June 24, 1983.

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.