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Nasdaq Sets New Record For One-Day Point Gain

Date 07/04/2000

The Nasdaq Stock Market® today had its largest point increase ever, with preliminary figures showing the Nasdaq Composite® Index rising 178.89 points to 4446.45. The previous point gain record was set on February 23, 2000 with the Composite Index rising 168.21 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.