Nasdaq in 1993

The Nasdaq Composite rose 14.7% in 1993, from 676.95 at the end of 1992 to 776.80. Its highest close was 787.42 on Oct 15 — a record that stood until January 13, 1994, and its lowest 645.87 on Apr 26. The biggest one-day fall was −3.6% on Feb 16 and the biggest rise +1.7% on May 4. Adjusted for inflation, it gained 11.7%.

Change in 1993

+14.7%

676.95 → 776.80

High

787.42

Oct 15

Low

645.87

Apr 26

After inflation

+11.7%

US CPI

Up days

155 of 253

longest run 7 up, 7 down

Record highs

closing records

Nasdaq, daily closes 1993

Numbers mark the events below

Key Events in 1993

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

1
Wednesday, January 6 From the data

Nasdaq sets the first of 37 record closing highs this year, at 681.85.
2
Thursday, January 21 From the data

Nasdaq closes above 700 for the first time (700.77).
3
Friday, January 22

State Street launches the SPDR S&P 500 Trust (SPY), an exchange-traded fund tracking the S&P 500. Source

Nasdaq: +0.1% that day · −6.9% a month later
4
Tuesday, February 16 From the data

Biggest one-day fall of the year: −3.6%.
5
Tuesday, May 4 From the data

Biggest one-day rise of the year: +1.7%.
6
Friday, October 15 From the data

Last record close of the year: 787.42.
7
Wednesday, December 8

President Clinton signs the North American Free Trade Agreement Implementation Act. Source

Nasdaq: −0.2% that day · +1.4% a month later

Biggest days of 1993

Best days		Worst days
May 4	+1.7%	Feb 16	−3.6%
Feb 24	+1.7%	Apr 2	−2.4%
Sep 22	+1.6%	Nov 4	−2.0%
May 19	+1.4%	Apr 26	−1.9%
May 26	+1.3%	Oct 19	−1.8%

Volatility: 11.5% (annualised standard deviation of daily changes).

Month by month

Month	Close	Change	High	Low
Jan	696.34	+2.9%	707.16	671.80
Feb	670.77	−3.7%	708.85	651.40
Mar	690.13	+2.9%	695.47	669.51
Apr	661.42	−4.2%	686.64	645.87
May	700.53	+5.9%	704.59	666.71
Jun	703.95	+0.5%	706.22	684.79
Jul	704.70	+0.1%	712.49	695.52
Aug	742.84	+5.4%	742.84	707.66
Sep	762.78	+2.7%	763.66	730.73
Oct	779.26	+2.2%	787.42	762.27
Nov	754.39	−3.2%	785.66	738.13
Dec	776.80	+3.0%	776.80	751.47

Other Markets in 1993

Change over the calendar year.

Market	Change	Year-end
Nasdaq	+14.7%	776.80
Dow Jones Industrial Average in 1993	+13.7%	3,754.09
S&P 500 in 1993	+7.1%	466.45
Russell 2000 in 1993	+17.0%	258.59
Nikkei 225 in 1993	+2.9%	17,417.00
Gold in 1993	+17.7%	$391.75
Silver in 1993	+39.4%	$5.12
WTI crude oil in 1993	−27.2%	$14.19
Brent crude oil in 1993	−26.2%	$13.18
US 10-year Treasury yield in 1993	−0.87 pp	5.83%

1990 1991 1992 1993 1994 1995 1996 1997 1998 1999

Nasdaq in 1993: FAQ

How much did the Nasdaq Composite rise in 1993?

What were the highest and lowest closes of the Nasdaq Composite in 1993?

Highest: 787.42 on October 15, 1993. Lowest: 645.87 on April 26, 1993. It closed higher on 155 of 253 trading days.

What happened to the Nasdaq Composite on December 8, 1993?

President Clinton signs the North American Free Trade Agreement Implementation Act. The Nasdaq Composite fell 0.2% that day, and was +1.4% a month later.

Did the Nasdaq Composite reach a record high in 1993?

Yes — 37 record closing highs, the last at 787.42 on October 15, 1993.

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.