Gold4,137.60−0.04%Silver57.84−0.20%Platinum1,633.02+0.17%Palladium1,091.48−0.21%
Gold/Silver71.54
DXY101.69−0.01%
US10Y5.15%+0.57%
WTI97.77+0.64%
S&P 5007,757+0.58%
Dow52,856+0.69%
Bitcoin84,557+1.95%
VIX16.68−3.64%

Nasdaq in 2003

The Nasdaq Composite rose 50.0% in 2003, from 1,335.51 at the end of 2002 to 2,003.37. Its highest close was 2,009.88 on Dec 30, and its lowest 1,271.47 on Mar 11. The biggest one-day fall was −3.7% on Mar 24 and the biggest rise +4.8% on Mar 13. Adjusted for inflation, it gained 47.2%.

Change in 2003
+50.0%
1,335.51 → 2,003.37
High
2,009.88
Dec 30
Low
1,271.47
Mar 11
After inflation
+47.2%
US CPI
Up days
133 of 252
longest run 7 up, 6 down
Below record
-60.3%
at the end of 2003

Nasdaq, daily closes 2003

Numbers mark the events below
1,3411,6411,940JanFebMarAprMayJunJulAugSepOctNovDec1Mar 13: Biggest one-day rise of the year: +4.8%.2Mar 20: US-led coalition invades Iraq.3Mar 24: Biggest one-day fall of the year: −3.7%.4May 28: Jobs and Growth Tax Relief Reconciliation Act is signed, cutting taxes on dividends and capital gains to 15%.

Key Events in 2003

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

  1. 1
    Thursday, March 13 From the data
    Biggest one-day rise of the year: +4.8%.
  2. 2
    Thursday, March 20
    US-led coalition invades Iraq. Source
    Nasdaq: +0.4% that day · +2.0% a month later
  3. 3
    Monday, March 24 From the data
    Biggest one-day fall of the year: −3.7%.
  4. 4
    Wednesday, May 28
    Jobs and Growth Tax Relief Reconciliation Act is signed, cutting taxes on dividends and capital gains to 15%. Source
    Nasdaq: +0.4% that day · +3.0% a month later

Biggest days of 2003

Best daysWorst days
Mar 13+4.8%Mar 24−3.7%
Mar 17+3.9%Jan 17−3.3%
Jan 2+3.7%Jan 24−3.3%
Apr 2+3.6%Sep 24−3.1%
Jul 7+3.4%May 19−3.0%

Volatility: 22.3% (annualised standard deviation of daily changes).

Month by month

MonthCloseChangeHighLow
Jan1,320.91−1.1%1,460.991,320.91
Feb1,337.52+1.3%1,349.021,277.44
Mar1,341.17+0.3%1,421.841,271.47
Apr1,464.31+9.2%1,471.301,348.30
May1,595.91+9.0%1,595.911,472.56
Jun1,622.80+1.7%1,677.141,590.75
Jul1,735.02+6.9%1,754.821,640.13
Aug1,810.45+4.3%1,810.451,644.03
Sep1,786.94−1.3%1,909.551,786.94
Oct1,932.21+8.1%1,950.141,832.25
Nov1,960.26+1.5%1,976.371,881.75
Dec2,003.37+2.2%2,009.881,904.65

Other Markets in 2003

Change over the calendar year.

MarketChangeYear-end
Nasdaq+50.0%2,003.37
Dow Jones Industrial Average in 2003+25.3%10,453.92
S&P 500 in 2003+26.4%1,111.92
Russell 2000 in 2003+45.4%556.91
Nikkei 225 in 2003+24.5%10,676.64
Gold in 2003+19.9%$416.25
Silver in 2003+27.8%$5.97
WTI crude oil in 2003+4.2%$32.51
Brent crude oil in 2003+0.6%$30.30
US 10-year Treasury yield in 2003+0.44 pp4.27%

Nasdaq in 2003: FAQ

How much did the Nasdaq Composite rise in 2003?

The Nasdaq Composite rose 50.0% in 2003, from 1,335.51 at the end of 2002 to 2,003.37. Its highest close was 2,009.88 on Dec 30, and its lowest 1,271.47 on Mar 11. The biggest one-day fall was −3.7% on Mar 24 and the biggest rise +4.8% on Mar 13. Adjusted for inflation, it gained 47.2%.

What were the highest and lowest closes of the Nasdaq Composite in 2003?

Highest: 2,009.88 on December 30, 2003. Lowest: 1,271.47 on March 11, 2003. It closed higher on 133 of 252 trading days.

What happened to the Nasdaq Composite on May 28, 2003?

Jobs and Growth Tax Relief Reconciliation Act is signed, cutting taxes on dividends and capital gains to 15%. The Nasdaq Composite rose 0.4% that day, and was +3.0% a month later.

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.