Nasdaq in 1996

The Nasdaq Composite rose 22.7% in 1996, from 1,052.13 at the end of 1995 to 1,291.03. Its highest close was 1,316.27 on Dec 9 — a record that stood until January 6, 1997, and its lowest 988.57 on Jan 15. The biggest one-day fall was −3.9% on Jul 15 and the biggest rise +3.1% on Jul 17. Adjusted for inflation, it gained 18.8%.

Change in 1996

+22.7%

1,052.13 → 1,291.03

High

1,316.27

Dec 9

Low

988.57

Jan 15

After inflation

+18.8%

US CPI

Up days

151 of 254

longest run 11 up, 6 down

Record highs

closing records

Nasdaq, daily closes 1996

Numbers mark the events below

Key Events in 1996

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

1
Friday, February 2 From the data

sets the first of 42 record closing highs this year, at 1,072.11.
2
Monday, July 15 From the data

Biggest one-day fall of the year: −3.9%.
3
Wednesday, July 17 From the data

Biggest one-day rise of the year: +3.1%.
4
Thursday, December 5

Fed Chairman Alan Greenspan asks in a speech whether 'irrational exuberance' has inflated asset values. Source

Nasdaq: +0.2% that day · +1.5% a month later
5
Monday, December 9 From the data

Last record close of the year: 1,316.27.

Biggest days of 1996

Best days		Worst days
Jul 17	+3.1%	Jul 15	−3.9%
Aug 2	+2.4%	Jan 9	−3.3%
Dec 9	+2.2%	Jul 11	−3.1%
Jul 18	+2.1%	Jul 23	−3.0%
Jan 11	+2.1%	Mar 8	−2.7%

Volatility: 15.4% (annualised standard deviation of daily changes).

Month by month

Month	Close	Change	High	Low
Jan	1,059.79	+0.7%	1,059.79	988.57
Feb	1,100.05	+3.8%	1,117.79	1,069.46
Mar	1,101.40	+0.1%	1,114.42	1,063.73
Apr	1,190.52	+8.1%	1,190.52	1,097.14
May	1,243.43	+4.4%	1,248.65	1,178.33
Jun	1,185.02	−4.7%	1,249.15	1,153.29
Jul	1,080.59	−8.8%	1,197.45	1,042.37
Aug	1,141.50	+5.6%	1,153.88	1,098.85
Sep	1,226.92	+7.5%	1,230.05	1,125.66
Oct	1,221.51	−0.4%	1,258.10	1,203.05
Nov	1,292.61	+5.8%	1,292.61	1,220.48
Dec	1,291.03	−0.1%	1,316.27	1,260.98

Other Markets in 1996

Change over the calendar year.

Market	Change	Year-end
Nasdaq	+22.7%	1,291.03
Dow Jones Industrial Average in 1996	+26.0%	6,448.26
S&P 500 in 1996	+20.3%	740.74
Russell 2000 in 1996	+14.8%	362.61
Nikkei 225 in 1996	−2.6%	19,361.00
Gold in 1996	−4.6%	$369.25
Silver in 1996	−7.0%	$4.77
WTI crude oil in 1996	+32.5%	$25.90
Brent crude oil in 1996	+28.2%	$23.90
US 10-year Treasury yield in 1996	+0.85 pp	6.43%

1990 1991 1992 1993 1994 1995 1996 1997 1998 1999

Nasdaq in 1996: FAQ

How much did the Nasdaq Composite rise in 1996?

What were the highest and lowest closes of the Nasdaq Composite in 1996?

Highest: 1,316.27 on December 9, 1996. Lowest: 988.57 on January 15, 1996. It closed higher on 151 of 254 trading days.

What happened to the Nasdaq Composite on December 5, 1996?

Fed Chairman Alan Greenspan asks in a speech whether 'irrational exuberance' has inflated asset values. The Nasdaq Composite rose 0.2% that day, and was +1.5% a month later.

Did the Nasdaq Composite reach a record high in 1996?

Yes — 42 record closing highs, the last at 1,316.27 on December 9, 1996.

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.