Nasdaq in 1994
The Nasdaq Composite fell 3.2% in 1994, from 776.80 at the end of 1993 to 751.96. Its highest close was 803.93 on Mar 18 — a record that stood until March 14, 1995, and its lowest 693.79 on Jun 24. The biggest one-day fall was −2.6% on Feb 4 and the biggest rise +3.2% on Apr 5. Adjusted for inflation, it lost 5.7%.
Nasdaq, daily closes 1994
Numbers mark the events belowKey Events in 1994
What happened, and how the Nasdaq moved — on the day (or the next trading day) and about a month later.
- 1
Saturday, January 1North American Free Trade Agreement (NAFTA) enters into force. SourceNasdaq: −0.8% next trading day (Jan 3) · +3.0% a month later
- 2
Thursday, January 13 From the dataNasdaq sets the first of 9 record closing highs this year, at 787.81.
- 3
Monday, January 31 From the dataNasdaq closes above 800 for the first time (800.47).
- 4
Friday, February 4Fed raises its federal funds target to 3.25%, its first tightening since 1989, starting a bond-market sell-off. SourceNasdaq: −2.6% that day · −0.3% a month later
- 5
Friday, March 18 From the dataLast record close of the year: 803.93.
- 6
Tuesday, April 5 From the dataBiggest one-day rise of the year: +3.2%.
- 7
Tuesday, December 20Mexico devalues the peso, triggering the Mexican peso crisis; the peso is floated two days later. SourceNasdaq: +0.1% that day · +5.6% a month later
Biggest days of 1994
| Best days | Worst days | ||
|---|---|---|---|
| Apr 5 | +3.2% | Feb 4 | −2.6% |
| Apr 21 | +1.9% | Mar 29 | −2.2% |
| May 18 | +1.5% | Nov 22 | −2.2% |
| Jul 13 | +1.4% | Apr 4 | −2.2% |
| Jul 29 | +1.4% | Dec 8 | −2.1% |
Volatility: 11.6% (annualised standard deviation of daily changes).
Month by month
| Month | Close | Change |
|---|---|---|
| Jan | 800.47 | +3.0% |
| Feb | 792.50 | −1.0% |
| Mar | 743.46 | −6.2% |
| Apr | 733.84 | −1.3% |
| May | 735.19 | +0.2% |
| Jun | 705.96 | −4.0% |
| Jul | 722.16 | +2.3% |
| Aug | 765.62 | +6.0% |
| Sep | 764.29 | −0.2% |
| Oct | 777.49 | +1.7% |
| Nov | 750.32 | −3.5% |
| Dec | 751.96 | +0.2% |
Other Markets in 1994
Change over the calendar year.
| Market | Change | Year-end |
|---|---|---|
| Nasdaq | −3.2% | 751.96 |
| Dow Jones Industrial Average in 1994 | +2.1% | 3,834.44 |
| S&P 500 in 1994 | −1.5% | 459.27 |
| Russell 2000 in 1994 | −3.2% | 250.36 |
| Nikkei 225 in 1994 | +13.2% | 19,723.00 |
| Gold in 1994 | −2.2% | $383.25 |
| Silver in 1994 | −5.2% | $4.85 |
| WTI crude oil in 1994 | +25.2% | $17.77 |
| Brent crude oil in 1994 | +23.1% | $16.23 |
| US 10-year Treasury yield in 1994 | +2.01 pp | 7.84% |
Nasdaq in 1994: FAQ
How much did the Nasdaq Composite fall in 1994?
The Nasdaq Composite fell 3.2% in 1994, from 776.80 at the end of 1993 to 751.96. Its highest close was 803.93 on Mar 18 — a record that stood until March 14, 1995, and its lowest 693.79 on Jun 24. The biggest one-day fall was −2.6% on Feb 4 and the biggest rise +3.2% on Apr 5. Adjusted for inflation, it lost 5.7%.
What were the highest and lowest closes of the Nasdaq Composite in 1994?
Highest: 803.93 on March 18, 1994. Lowest: 693.79 on June 24, 1994. It closed higher on 132 of 252 trading days.
What happened to the Nasdaq Composite on February 4, 1994?
Fed raises its federal funds target to 3.25%, its first tightening since 1989, starting a bond-market sell-off. The Nasdaq Composite fell 2.6% that day, and was −0.3% a month later.
Did the Nasdaq Composite reach a record high in 1994?
Yes — 9 record closing highs, the last at 803.93 on March 18, 1994.
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{corgano2026nasdaqin1994, author = {{Corgano}}, title = {Nasdaq in 1994}, howpublished = {\url{https://goldprice.corgano.com/market-history/nasdaq/1994}}, year = {2026}, note = {Corgano Gold Price, accessed 2026-11-01}}