Russell 2000 in 2001

The Russell 2000 rose 1.0% in 2001, from 483.53 at the end of 2000 to 488.50. Its highest close was 517.23 on May 22, and its lowest 378.89 on Sep 21. The biggest one-day fall was −5.2% on Sep 17 and the biggest rise +4.7% on Jan 3. Adjusted for inflation, it lost 0.5%.

Change in 2001

+1.0%

483.53 → 488.50

High

517.23

May 22

Low

378.89

Sep 21

After inflation

−0.5%

US CPI

Up days

125 of 248

longest run 7 up, 10 down

Below record

-19.4%

at the end of 2001

Russell 2000, daily closes 2001

Numbers mark the events below

Key Events in 2001

What happened, and how the Russell 2000 moved — on the day (or the next trading day) and about a month later.

1
Wednesday, January 3

Fed cuts its federal funds target by 50 basis points to 6.00% in an inter-meeting move. Source

Russell 2000: +4.7% that day · +10.0% a month later
2
Wednesday, March 21 From the data

Enters a bear market: 20% below its peak of 545.18 (July 17, 2000).
3
Wednesday, April 4 From the data

Bear market low: 425.74, 21.9% below the peak.
4
Tuesday, September 11

Terrorist attacks hit New York and Washington; US stock exchanges close. Source

Russell 2000: −5.2% next trading day (Sep 17) · −2.4% a month later
5
Monday, September 17

US stock markets reopen; the Dow falls 684.81 points (7.1%) after a 50 bp Fed rate cut. Source

Russell 2000: −5.2% that day · −2.4% a month later
6
Tuesday, September 18 From the data

Enters a bear market: 20% below its peak of 517.23 (May 22, 2001).
7
Friday, September 21 From the data

Bear market low: 378.89, 26.7% below the peak.
8
Sunday, December 2

Enron files for Chapter 11 bankruptcy protection. Source

Russell 2000: −0.8% next trading day (Dec 3) · +5.7% a month later
9
Tuesday, December 11

China becomes a member of the World Trade Organization. Source

Russell 2000: +0.1% that day · +4.5% a month later

Biggest days of 2001

Best days		Worst days
Jan 3	+4.7%	Sep 17	−5.2%
Apr 5	+4.5%	Jan 2	−4.4%
Sep 24	+3.9%	Sep 20	−3.9%
Oct 10	+3.2%	Mar 12	−3.2%
Sep 28	+3.0%	Jan 5	−2.9%

Volatility: 23.4% (annualised standard deviation of daily changes).

Month by month

Month	Close	Change	High	Low
Jan	508.34	+5.1%	511.66	461.64
Feb	474.37	−6.7%	508.94	474.37
Mar	450.53	−5.0%	484.84	432.80
Apr	485.32	+7.7%	485.32	425.74
May	496.50	+2.3%	517.23	485.65
Jun	512.64	+3.3%	516.48	484.19
Jul	484.78	−5.4%	498.39	474.26
Aug	468.56	−3.3%	489.24	468.06
Sep	404.87	−13.6%	466.96	378.89
Oct	428.17	+5.8%	438.65	397.60
Nov	460.78	+7.6%	463.33	433.07
Dec	488.50	+6.0%	493.62	457.03

Other Markets in 2001

Change over the calendar year.

Market	Change	Year-end
Russell 2000	+1.0%	488.50
Dow Jones Industrial Average in 2001	−7.1%	10,021.50
S&P 500 in 2001	−13.0%	1,148.08
Nasdaq Composite in 2001	−21.1%	1,950.40
Nikkei 225 in 2001	−23.5%	10,542.62
Gold in 2001	+0.7%	$276.50
Silver in 2001	−1.3%	$4.52
WTI crude oil in 2001	−25.3%	$19.96
Brent crude oil in 2001	−14.3%	$19.35
US 10-year Treasury yield in 2001	−0.05 pp	5.07%

2000 2001 2002 2003 2004 2005 2006 2007 2008 2009

Russell 2000 in 2001: FAQ

How much did the Russell 2000 rise in 2001?

What were the highest and lowest closes of the Russell 2000 in 2001?

Highest: 517.23 on May 22, 2001. Lowest: 378.89 on September 21, 2001. It closed higher on 125 of 248 trading days.

What happened to the Russell 2000 on September 11, 2001?

Terrorist attacks hit New York and Washington; US stock exchanges close. The Russell 2000 fell 5.2% on the next trading day (September 17, 2001), and was −2.4% a month later.

Data: Daily closes since Sep 1987. 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.