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%.
Nasdaq, daily closes 2003
Numbers mark the events belowKey Events in 2003
What happened, and how the Nasdaq moved — on the day (or the next trading day) and about a month later.
- 1
Thursday, March 13 From the dataBiggest one-day rise of the year: +4.8%.
- 2
Thursday, March 20US-led coalition invades Iraq. SourceNasdaq: +0.4% that day · +2.0% a month later
- 3
Monday, March 24 From the dataBiggest one-day fall of the year: −3.7%.
- 4
Wednesday, May 28Jobs and Growth Tax Relief Reconciliation Act is signed, cutting taxes on dividends and capital gains to 15%. SourceNasdaq: +0.4% that day · +3.0% a month later
Biggest days of 2003
| Best days | Worst 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
| Month | Close | Change |
|---|---|---|
| Jan | 1,320.91 | −1.1% |
| Feb | 1,337.52 | +1.3% |
| Mar | 1,341.17 | +0.3% |
| Apr | 1,464.31 | +9.2% |
| May | 1,595.91 | +9.0% |
| Jun | 1,622.80 | +1.7% |
| Jul | 1,735.02 | +6.9% |
| Aug | 1,810.45 | +4.3% |
| Sep | 1,786.94 | −1.3% |
| Oct | 1,932.21 | +8.1% |
| Nov | 1,960.26 | +1.5% |
| Dec | 2,003.37 | +2.2% |
Other Markets in 2003
Change over the calendar year.
| Market | Change | Year-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 pp | 4.27% |
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.