Russell 2000 in 2003

The Russell 2000 rose 45.4% in 2003, from 383.09 at the end of 2002 to 556.91. Its highest close was 565.47 on Dec 30, and its lowest 345.94 on Mar 12. The biggest one-day fall was −2.9% on Jul 17 and the biggest rise +3.1% on Mar 17. Adjusted for inflation, it gained 42.7%.

Change in 2003

+45.4%

383.09 → 556.91

High

565.47

Dec 30

Low

345.94

Mar 12

After inflation

+42.7%

US CPI

Up days

144 of 252

longest run 12 up, 5 down

Below record

-8.1%

at the end of 2003

Russell 2000, daily closes 2003

Numbers mark the events below

Key Events in 2003

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

1
Monday, March 17 From the data

Biggest one-day rise of the year: +3.1%.
2
Thursday, March 20

US-led coalition invades Iraq. Source

Russell 2000: +0.5% that day · +4.1% a month later
3
Wednesday, May 28

Jobs and Growth Tax Relief Reconciliation Act is signed, cutting taxes on dividends and capital gains to 15%. Source

Russell 2000: +0.6% that day · +3.6% a month later
4
Thursday, July 17 From the data

Biggest one-day fall of the year: −2.9%.
5
Monday, October 13 From the data

Back above its pre-bear-market peak of 522.95 (April 16, 2002).
6
Wednesday, November 26 From the data

Back above its pre-bear-market peak of 545.18 (July 17, 2000).

Biggest days of 2003

Best days		Worst days
Mar 17	+3.1%	Jul 17	−2.9%
Mar 13	+2.7%	Sep 25	−2.5%
Dec 11	+2.7%	Mar 24	−2.4%
Oct 1	+2.6%	Oct 22	−2.4%
Nov 24	+2.6%	Sep 10	−2.3%

Volatility: 18.9% (annualised standard deviation of daily changes).

Month by month

Month	Close	Change	High	Low
Jan	372.17	−2.9%	398.45	367.62
Feb	360.52	−3.1%	370.25	354.77
Mar	364.54	+1.1%	376.23	345.94
Apr	398.68	+9.4%	398.68	368.69
May	441.00	+10.6%	441.00	398.83
Jun	448.37	+1.7%	458.01	439.41
Jul	476.02	+6.2%	479.03	449.17
Aug	497.42	+4.5%	497.42	453.77
Sep	487.68	−2.0%	520.20	485.29
Oct	528.22	+8.3%	531.84	500.32
Nov	546.51	+3.5%	546.51	521.68
Dec	556.91	+1.9%	565.47	528.49

Other Markets in 2003

Change over the calendar year.

Market	Change	Year-end
Russell 2000	+45.4%	556.91
Dow Jones Industrial Average in 2003	+25.3%	10,453.92
S&P 500 in 2003	+26.4%	1,111.92
Nasdaq Composite in 2003	+50.0%	2,003.37
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%

2000 2001 2002 2003 2004 2005 2006 2007 2008 2009

Russell 2000 in 2003: FAQ

How much did the Russell 2000 rise in 2003?

What were the highest and lowest closes of the Russell 2000 in 2003?

Highest: 565.47 on December 30, 2003. Lowest: 345.94 on March 12, 2003. It closed higher on 144 of 252 trading days.

What happened to the Russell 2000 on May 28, 2003?

Jobs and Growth Tax Relief Reconciliation Act is signed, cutting taxes on dividends and capital gains to 15%. The Russell 2000 rose 0.6% that day, and was +3.6% 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.