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Nasdaq Composite Index Tops 5000 - 15th Composite Index Record For The Year

Date 10/03/2000

The Nasdaq Composite® Index yesterday climbed above the 5000 mark for the first time in its 29-year history. Preliminary figures show the Index finished at 5046.86, a gain of 149.60 for the day. Today’s record close also marked the Nasdaq Composite’s fifth largest one-day point increase.

The Index exceeded 5000 only 48 trading days after topping 4000 for the first time. Preliminarily, the Nasdaq Composite has risen 977.40 points, or 24 percent for the year. Already in 2000, the Nasdaq Composite Index has set 15 new record highs.

Daily share volume has been growing explosively at Nasdaq with a 115 percent increase since January 1, 1998. Quote message traffic per day has grown by 278 percent over the same period.

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.