Nasdaq Sets Record For Greatest One-day Percentage Gain - Second Greatest One-day Point Gain Also Established

The Nasdaq Stock Market® yesterday had its largest one-day percentage increase ever, with preliminary figures showing the Nasdaq Composite® Index rising 7.94 percent - up 254.37 points to 3459.48. The previous one-day percentage increase record was set on October 21, 1987 with the Composite Index rising 7.34 percent. The Composite's 254.37 point increase was also its second greatest one-day point gain ever.

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.