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Nasdaq in 1991

The Nasdaq Composite rose 56.9% in 1991, from 373.80 at the end of 1990 to 586.34. Its highest close was 586.34 on Dec 31 — a record that stood until January 2, 1992, and its lowest 355.80 on Jan 14. The biggest one-day fall was −4.2% on Nov 15 and the biggest rise +3.2% on Aug 21. Adjusted for inflation, it gained 52.2%.

Change in 1991
+56.9%
373.80 → 586.34
High
586.34
Dec 31
Low
355.80
Jan 14
After inflation
+52.2%
US CPI
Up days
149 of 253
longest run 11 up, 6 down
Record highs
32
closing records

Nasdaq, daily closes 1991

Numbers mark the events below
377471565previous recordJanFebMarAprMayJunJulAugSepOctNovDec1Jan 17: US-led coalition begins Operation Desert Storm air campaign against Iraq.2Feb 28: Operation Desert Storm ends after the 100-hour ground campaign.3Apr 2: sets the first of 32 record closing highs this year, at 491.20. Back above its pre-bear-market peak of 485.70 (October 9, 1989).4Apr 12: closes above 500 for the first time (501.62).5Aug 19: Hardliners launch a coup attempt against Soviet leader Mikhail Gorbachev; it collapses within days.6Aug 21: Biggest one-day rise of the year: +3.2%.7Nov 15: Biggest one-day fall of the year: −4.2%.8Dec 26: The Soviet Union is formally dissolved.9Dec 31: Last record close of the year: 586.34.

Key Events in 1991

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

  1. 1
    Thursday, January 17
    US-led coalition begins Operation Desert Storm air campaign against Iraq. Source
    Nasdaq: +2.9% that day · +21.7% a month later
  2. 2
    Thursday, February 28
    Operation Desert Storm ends after the 100-hour ground campaign. Source
    Nasdaq: +0.5% that day · +7.0% a month later
  3. 3
    Tuesday, April 2 From the data
    sets the first of 32 record closing highs this year, at 491.20. Back above its pre-bear-market peak of 485.70 (October 9, 1989).
  4. 4
    Friday, April 12 From the data
    closes above 500 for the first time (501.62).
  5. 5
    Monday, August 19
    Hardliners launch a coup attempt against Soviet leader Mikhail Gorbachev; it collapses within days. Source
    Nasdaq: −2.9% that day · +0.5% a month later
  6. 6
    Wednesday, August 21 From the data
    Biggest one-day rise of the year: +3.2%.
  7. 7
    Friday, November 15 From the data
    Biggest one-day fall of the year: −4.2%.
  8. 8
    Thursday, December 26
    The Soviet Union is formally dissolved. Source
    Nasdaq: +1.8% that day · +13.7% a month later
  9. 9
    Tuesday, December 31 From the data
    Last record close of the year: 586.34.

Biggest days of 1991

Best daysWorst days
Aug 21+3.2%Nov 15−4.2%
Jan 17+2.9%Aug 19−2.9%
Mar 5+2.6%May 15−2.2%
Dec 30+2.5%Jun 24−2.2%
Jan 16+2.2%Nov 19−2.1%

Volatility: 14.8% (annualised standard deviation of daily changes).

Month by month

MonthCloseChangeHighLow
Jan414.20+10.8%414.20355.80
Feb453.10+9.4%453.10417.70
Mar482.30+6.4%482.37456.70
Apr484.72+0.5%511.31480.86
May506.11+4.4%506.11478.08
Jun475.92−6.0%507.25473.08
Jul502.04+5.5%502.04474.05
Aug525.68+4.7%526.39497.64
Sep526.88+0.2%527.82511.28
Oct542.98+3.1%542.98513.81
Nov523.90−3.5%556.17522.23
Dec586.34+11.9%586.34530.91

Other Markets in 1991

Change over the calendar year.

MarketChangeYear-end
Nasdaq+56.9%586.34
Dow Jones Industrial Average in 1991+20.3%3,168.83
S&P 500 in 1991+26.3%417.09
Russell 2000 in 1991+43.7%189.94
Nikkei 225 in 1991−3.6%22,984.00
Gold in 1991−8.6%$353.15
Silver in 1991−7.9%$3.86
WTI crude oil in 1991−32.8%$19.15
Brent crude oil in 1991−37.4%$17.75
US 10-year Treasury yield in 1991−1.37 pp6.71%
1990199119921993199419951996199719981999

Nasdaq in 1991: FAQ

How much did the Nasdaq Composite rise in 1991?

The Nasdaq Composite rose 56.9% in 1991, from 373.80 at the end of 1990 to 586.34. Its highest close was 586.34 on Dec 31 — a record that stood until January 2, 1992, and its lowest 355.80 on Jan 14. The biggest one-day fall was −4.2% on Nov 15 and the biggest rise +3.2% on Aug 21. Adjusted for inflation, it gained 52.2%.

What were the highest and lowest closes of the Nasdaq Composite in 1991?

Highest: 586.34 on December 31, 1991. Lowest: 355.80 on January 14, 1991. It closed higher on 149 of 253 trading days.

What happened to the Nasdaq Composite on January 17, 1991?

US-led coalition begins Operation Desert Storm air campaign against Iraq. The Nasdaq Composite rose 2.9% that day, and was +21.7% a month later.

Did the Nasdaq Composite reach a record high in 1991?

Yes — 32 record closing highs, the last at 586.34 on December 31, 1991.

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.