Nasdaq in 1991
The Nasdaq Composite rose 56.9% in 1991, from 373.80 at the end of 1990 to 586.34. Its highest close was 586.34 on Dec 31 — a record that stood until January 2, 1992, and its lowest 355.80 on Jan 14. The biggest one-day fall was −4.2% on Nov 15 and the biggest rise +3.2% on Aug 21. Adjusted for inflation, it gained 52.2%.
Nasdaq, daily closes 1991
Numbers mark the events belowKey Events in 1991
What happened, and how the Nasdaq moved — on the day (or the next trading day) and about a month later.
- 1
Thursday, January 17US-led coalition begins Operation Desert Storm air campaign against Iraq. SourceNasdaq: +2.9% that day · +21.7% a month later
- 2
Thursday, February 28Operation Desert Storm ends after the 100-hour ground campaign. SourceNasdaq: +0.5% that day · +7.0% a month later
- 3
Tuesday, April 2 From the dataNasdaq sets the first of 32 record closing highs this year, at 491.20. Back above its pre-bear-market peak of 485.70 (October 9, 1989).
- 4
Friday, April 12 From the dataNasdaq closes above 500 for the first time (501.62).
- 5
Monday, August 19Hardliners launch a coup attempt against Soviet leader Mikhail Gorbachev; it collapses within days. SourceNasdaq: −2.9% that day · +0.5% a month later
- 6
Wednesday, August 21 From the dataBiggest one-day rise of the year: +3.2%.
- 7
Friday, November 15 From the dataBiggest one-day fall of the year: −4.2%.
- 8
Thursday, December 26The Soviet Union is formally dissolved. SourceNasdaq: +1.8% that day · +13.7% a month later
- 9
Tuesday, December 31 From the dataLast record close of the year: 586.34.
Biggest days of 1991
| Best days | Worst days | ||
|---|---|---|---|
| Aug 21 | +3.2% | Nov 15 | −4.2% |
| Jan 17 | +2.9% | Aug 19 | −2.9% |
| Mar 5 | +2.6% | May 15 | −2.2% |
| Dec 30 | +2.5% | Jun 24 | −2.2% |
| Jan 16 | +2.2% | Nov 19 | −2.1% |
Volatility: 14.8% (annualised standard deviation of daily changes).
Month by month
| Month | Close | Change |
|---|---|---|
| Jan | 414.20 | +10.8% |
| Feb | 453.10 | +9.4% |
| Mar | 482.30 | +6.4% |
| Apr | 484.72 | +0.5% |
| May | 506.11 | +4.4% |
| Jun | 475.92 | −6.0% |
| Jul | 502.04 | +5.5% |
| Aug | 525.68 | +4.7% |
| Sep | 526.88 | +0.2% |
| Oct | 542.98 | +3.1% |
| Nov | 523.90 | −3.5% |
| Dec | 586.34 | +11.9% |
Other Markets in 1991
Change over the calendar year.
| Market | Change | Year-end |
|---|---|---|
| Nasdaq | +56.9% | 586.34 |
| Dow Jones Industrial Average in 1991 | +20.3% | 3,168.83 |
| S&P 500 in 1991 | +26.3% | 417.09 |
| Russell 2000 in 1991 | +43.7% | 189.94 |
| Nikkei 225 in 1991 | −3.6% | 22,984.00 |
| Gold in 1991 | −8.6% | $353.15 |
| Silver in 1991 | −7.9% | $3.86 |
| WTI crude oil in 1991 | −32.8% | $19.15 |
| Brent crude oil in 1991 | −37.4% | $17.75 |
| US 10-year Treasury yield in 1991 | −1.37 pp | 6.71% |
Nasdaq in 1991: FAQ
How much did the Nasdaq Composite rise in 1991?
The Nasdaq Composite rose 56.9% in 1991, from 373.80 at the end of 1990 to 586.34. Its highest close was 586.34 on Dec 31 — a record that stood until January 2, 1992, and its lowest 355.80 on Jan 14. The biggest one-day fall was −4.2% on Nov 15 and the biggest rise +3.2% on Aug 21. Adjusted for inflation, it gained 52.2%.
What were the highest and lowest closes of the Nasdaq Composite in 1991?
Highest: 586.34 on December 31, 1991. Lowest: 355.80 on January 14, 1991. It closed higher on 149 of 253 trading days.
What happened to the Nasdaq Composite on January 17, 1991?
US-led coalition begins Operation Desert Storm air campaign against Iraq. The Nasdaq Composite rose 2.9% that day, and was +21.7% a month later.
Did the Nasdaq Composite reach a record high in 1991?
Yes — 32 record closing highs, the last at 586.34 on December 31, 1991.
Data: Daily closes since the index began at 100 on 5 Feb 1971. Price index: dividends are not included. Inflation: US CPI-U. Events marked "From the data" are found automatically from the closing prices; the others are researched, with the source linked. Not investment advice.
Cite this page
For essays, articles and research. Prices on this page update daily, so the citations include today's date as the date you accessed it.
@misc{corgano2026nasdaqin1991, author = {{Corgano}}, title = {Nasdaq in 1991}, howpublished = {\url{https://goldprice.corgano.com/market-history/nasdaq/1991}}, year = {2026}, note = {Corgano Gold Price, accessed 2026-10-31}}