Nasdaq Composite Index Sets New Record High - One-day Point Gain Record Also Established

The Nasdaq Composite® Index closed today at 4550.33-the highest level since it was established 29 years ago-with preliminary figures showing the Composite up 168.21 points for the day and 11.82 percent for the year. The Composite's last all-time high was set on February 17, 2000, when it reached 4548.92. Today's record close also marked the Nasdaq Composite's largest one-day point increase. The previous point-gain record was set on January 10, 2000, with the Composite Index rising 167.05 points. 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.