Nasdaq Breaks Single-Day Share Volume And Composite Index Records For Second Trading Session In A Row

The Nasdaq Stock Market® announced today it experienced its heaviest trading session and highest Nasdaq Composite® Index close ever for the second trading session in a row. Preliminary volume figures show more than 2.230 billion shares changed hands. Today's record marks the third time this year Nasdaq has traded over 2 billion shares in a single day. Nasdaq averaged 1.732 billion shares during the first two months of 2000, up 70 percent as compared to the daily average volume of 1.017 billion shares during the first two months of 1999. The Nasdaq Composite® Index also closed at a record high, its thirteenth record close of the year. Preliminary data indicate the Composite gained 87.39 points to close at a record 4784.08 points. The Composite is up 714.77 points and 17.56 percent for the year. The Nasdaq Stock Market lists nearly 5,000 companies, has a larger dollar volume, and trades more shares per day than any other U.S. market. Nasdaq is a subsidiary of the National Association of Securities Dealers, Inc. (NASD®), the largest securities-industry, self-regulatory organization in the United States. For more information about Nasdaq, visit the Nasdaq Web site at www.nasdaq.com or the Nasdaq NewsroomSM at www.nasdaqnews.com.