The NASDAQ Composite is a prominent stock market index encompassing nearly all stocks listed on the Nasdaq exchange. It's among the most closely watched indices in the U.S., alongside the Dow Jones and S&P 500. A significant portion of the NASDAQ Composite is composed of information technology companies. The Nasdaq-100, featuring the 100 largest non-financial firms within the Composite, represents approximately 80% of the index's total weighting.
Nasdaq Composite declined as rising crude oil prices and skepticism regarding AI revenue growth pressure technology stocks and chip manufacturers.
In 1971, the Nasdaq Composite was launched with a starting value of 100.
In 1991, the Japanese Nikkei 225 reached a peak price-earnings ratio of 80 during the Japanese asset price bubble.
On July 17, 1995, the Nasdaq Composite closed above 1,000 for the first time, marking a significant milestone.
In 1995, the Nasdaq Composite began a period of rapid growth, rising significantly during the dot-com bubble.
In 1999, Qualcomm's shares rose 2,619% in value. Also in 1999, twelve other large-cap stocks rose over 1,000% in value, and seven additional large-cap stocks rose over 900% in value.
March 9, 2000, was the date before March 2, 2015 that the Nasdaq Composite closed above 5,000.
On March 10, 2000, the Nasdaq Composite peaked at 5,132.52 before declining significantly.
September 7, 2000, was the date before November 26, 2013 that the Nasdaq Composite closed over 4,000.
Between 1995 and 2000, coinciding with the peak of the dot-com bubble, the Nasdaq Composite experienced a 400% increase.
January 24, 2001, was the point that the index reached its highest point before reaching the level again on October 31, 2007.
On October 10, 2002, the Nasdaq Composite hit the bottom of the bear market trend, reaching an intra-day low of 1,108.49.
By October 2002, the Nasdaq Composite had fallen 78% from its peak reached in March 2000.
March 24, 2003, the date of the worst single-session percentage decline before September 15, 2008.
In 2004, a security's U.S. listing had to be exclusively on the Nasdaq stock market to be eligible for inclusion in the Nasdaq Composite, unless dually listed on another U.S. market prior to 2004 and has continuously maintained such listing.
The Nasdaq Composite remained down at least 50% until May 2007 after reaching its lowest value in October 2002.
On October 9, 2007, the Nasdaq Composite closed above 2,800.
On October 31, 2007, the Nasdaq Composite reached an intra-day level of 2,861.51, the highest point since January 24, 2001.
On February 6, 2008, the Nasdaq Composite was trading below 2,300.
On September 15, 2008, the bankruptcy of Lehman Brothers caused the Nasdaq Composite to drop by 3.6%, the worst single-session percentage decline since March 24, 2003.
On September 29, 2008, the Nasdaq Composite fell nearly 200 points, or 9.14%, to fall beneath 2,000.
On October 13, 2008, the Nasdaq Composite gained nearly 200 points, more than 11%.
On March 9, 2009, the Nasdaq Composite reached a six-year intra-day low of 1,265.52.
In 2009, the index fell in the United States bear market of 2007–2009.
On November 26, 2013, the Nasdaq Composite closed above 4,000 for the first time since September 7, 2000.
On December 31, 2013, the Nasdaq Composite set a new record annual close of 4,176.59.
On March 2, 2015, the Nasdaq Composite closed above 5,000 for the first time since March 9, 2000.
On April 23, 2015, the Nasdaq Composite set a new record closing high for the first time in 15 years.
On January 2, 2018, the Nasdaq Composite crossed 7,000 intraday.
By December 24, 2018, the Nasdaq Composite had plunged to its yearly low at 6,192.
During the 2020 stock market crash, on March 23, 2020, the Nasdaq Composite hit a low of 6,860.
On June 9, 2020, the Nasdaq Composite traded above 10,000 for the first time.
On August 6, 2020, the Nasdaq Composite reached a new all-time high above 11,000 and managed to close for the year at 12,888 points.
In 2021, the Nasdaq Composite reached the milestones of closing above 13,000 and 14,000 in January and February respectively, and in November it closed above 16,000 for the first time.
In 2022, the Nasdaq Composite plunged, reaching an intraday low on June 16 at 10,565.14 and closed the first half of the year down 29.74%, the worst first half of the year in its history.
In 2024, the index surged 28.6%, ending for the year at 19,310.79. It reached a milestone and closed above 20,000 on December 11, 2024.
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