Nasdaq in 2007

The Nasdaq Composite rose 9.8% in 2007, from 2,415.29 at the end of 2006 to 2,652.28. Its highest close was 2,859.12 on Oct 31, and its lowest 2,340.68 on Mar 5. The biggest one-day fall was −3.9% on Feb 27 and the biggest rise +3.5% on Nov 13. Adjusted for inflation, it gained 5.5%.

Change in 2007

+9.8%

2,415.29 → 2,652.28

High

2,859.12

Oct 31

Low

2,340.68

Mar 5

After inflation

+5.5%

US CPI

Up days

145 of 251

longest run 6 up, 6 down

Below record

-47.5%

at the end of 2007

Nasdaq, daily closes 2007

Numbers mark the events below

Key Events in 2007

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

1
Tuesday, February 27

Shanghai stocks plunge; the Dow falls 416.02 points (3.29%). Source

Nasdaq: −3.9% that day · −2.7% a month later
2
Monday, April 2

Subprime lender New Century Financial files for Chapter 11 bankruptcy protection. Source

Nasdaq: 0.0% that day · +4.5% a month later
3
Thursday, August 9

BNP Paribas closes funds exposed to US subprime mortgages, marking the start of the credit crunch. Source

Nasdaq: −2.2% that day · −1.8% a month later
4
Friday, September 14

Northern Rock receives Bank of England emergency support, triggering a run on the bank. Source

Nasdaq: 0.0% that day · +7.9% a month later
5
Tuesday, September 18

Fed cuts its federal funds target by 50 basis points to 4.75%, its first cut since 2003. Source

Nasdaq: +2.7% that day · +7.1% a month later
6
Tuesday, November 13 From the data

Biggest one-day rise of the year: +3.5%.

Biggest days of 2007

Best days		Worst days
Nov 13	+3.5%	Feb 27	−3.9%
Nov 28	+3.2%	Nov 7	−2.7%
Sep 18	+2.7%	Oct 19	−2.6%
Aug 29	+2.5%	Nov 9	−2.5%
Aug 17	+2.2%	Aug 3	−2.5%

Volatility: 17.4% (annualised standard deviation of daily changes).

Month by month

Month	Close	Change	High	Low
Jan	2,463.93	+2.0%	2,502.82	2,423.16
Feb	2,416.15	−1.9%	2,524.94	2,407.86
Mar	2,421.64	+0.2%	2,455.92	2,340.68
Apr	2,525.09	+4.3%	2,557.21	2,422.26
May	2,604.52	+3.1%	2,604.52	2,525.29
Jun	2,603.23	0.0%	2,626.76	2,541.38
Jul	2,546.27	−2.2%	2,720.04	2,546.27
Aug	2,596.36	+2.0%	2,612.98	2,451.07
Sep	2,701.50	+4.0%	2,709.59	2,559.11
Oct	2,859.12	+5.8%	2,859.12	2,725.16
Nov	2,660.96	−6.9%	2,825.18	2,540.99
Dec	2,652.28	−0.3%	2,724.41	2,574.46

Other Markets in 2007

Change over the calendar year.

Market	Change	Year-end
Nasdaq	+9.8%	2,652.28
Dow Jones Industrial Average in 2007	+6.4%	13,264.82
S&P 500 in 2007	+3.5%	1,468.36
Russell 2000 in 2007	−2.7%	766.03
Nikkei 225 in 2007	−11.1%	15,307.78
Gold in 2007	+31.9%	$833.75
Silver in 2007	+14.4%	$14.76
WTI crude oil in 2007	+57.7%	$95.95
Brent crude oil in 2007	+58.9%	$93.68
US 10-year Treasury yield in 2007	−0.67 pp	4.04%

2000 2001 2002 2003 2004 2005 2006 2007 2008 2009

Nasdaq in 2007: FAQ

How much did the Nasdaq Composite rise in 2007?

What were the highest and lowest closes of the Nasdaq Composite in 2007?

Highest: 2,859.12 on October 31, 2007. Lowest: 2,340.68 on March 5, 2007. It closed higher on 145 of 251 trading days.

What happened to the Nasdaq Composite on February 27, 2007?

Shanghai stocks plunge; the Dow falls 416.02 points (3.29%). The Nasdaq Composite fell 3.9% that day, and was −2.7% 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.