Nasdaq Composite Index Posts Record One-Day Point Increase Percent Gain Also Largest Ever

The Nasdaq Composite® Index today achieved its largest single-day point and percentage increases in its 29 year history. Preliminary figures show the Composite gained 274.01 points, or 10.48 percent, to close at 2889.76.

The previous point-gain record was set on April 18, 2000, with the Composite Index rising 254.41 points. The Composite last set a record for a percentage increase in a single day on May 30, 2000, when it climbed 7.94 percent.

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.