Nasdaq in 1999
The Nasdaq Composite rose 85.6% in 1999, from 2,192.69 at the end of 1998 to 4,069.31. Its highest close was 4,069.31 on Dec 31 — a record that stood until January 3, 2000, and its lowest 2,208.05 on Jan 4. The biggest one-day fall was −5.6% on Apr 19 and the biggest rise +4.3% on Jun 16. Adjusted for inflation, it gained 80.7%.
Nasdaq, daily closes 1999
Numbers mark the events belowKey Events in 1999
What happened, and how the Nasdaq moved — on the day (or the next trading day) and about a month later.
- 1
Monday, January 4 From the dataNasdaq sets the first of 61 record closing highs this year, at 2,208.05.
- 2
Monday, April 19 From the dataBiggest one-day fall of the year: −5.6%.
- 3
Wednesday, June 16 From the dataBiggest one-day rise of the year: +4.3%.
- 4
Wednesday, November 3 From the dataNasdaq closes above 3,000 for the first time (3,028.51).
- 5
Friday, November 12Gramm-Leach-Bliley Act is signed, repealing Glass-Steagall limits on combining banking and securities. SourceNasdaq: +0.7% that day · +14.4% a month later
- 6
Wednesday, December 29 From the dataNasdaq closes above 4,000 for the first time (4,041.46).
- 7
Friday, December 31 From the dataLast record close of the year: 4,069.31.
Biggest days of 1999
| Best days | Worst days | ||
|---|---|---|---|
| Jun 16 | +4.3% | Apr 19 | −5.6% |
| Feb 11 | +4.2% | Feb 9 | −3.9% |
| Sep 3 | +4.0% | Sep 23 | −3.8% |
| Oct 20 | +3.7% | Feb 12 | −3.5% |
| Aug 13 | +3.5% | Jul 20 | −3.5% |
Volatility: 27.3% (annualised standard deviation of daily changes).
Month by month
| Month | Close | Change |
|---|---|---|
| Jan | 2,505.89 | +14.3% |
| Feb | 2,288.03 | −8.7% |
| Mar | 2,461.40 | +7.6% |
| Apr | 2,542.86 | +3.3% |
| May | 2,470.52 | −2.8% |
| Jun | 2,686.12 | +8.7% |
| Jul | 2,638.49 | −1.8% |
| Aug | 2,739.35 | +3.8% |
| Sep | 2,746.16 | +0.2% |
| Oct | 2,966.43 | +8.0% |
| Nov | 3,336.16 | +12.5% |
| Dec | 4,069.31 | +22.0% |
Other Markets in 1999
Change over the calendar year.
| Market | Change | Year-end |
|---|---|---|
| Nasdaq | +85.6% | 4,069.31 |
| Dow Jones Industrial Average in 1999 | +25.2% | 11,497.12 |
| S&P 500 in 1999 | +19.5% | 1,469.25 |
| Russell 2000 in 1999 | +19.6% | 504.75 |
| Nikkei 225 in 1999 | +36.8% | 18,934.34 |
| Gold in 1999 | +0.9% | $290.25 |
| Silver in 1999 | +6.4% | $5.33 |
| WTI crude oil in 1999 | +112.2% | $25.76 |
| Brent crude oil in 1999 | +136.5% | $24.93 |
| US 10-year Treasury yield in 1999 | +1.80 pp | 6.45% |
Nasdaq in 1999: FAQ
How much did the Nasdaq Composite rise in 1999?
The Nasdaq Composite rose 85.6% in 1999, from 2,192.69 at the end of 1998 to 4,069.31. Its highest close was 4,069.31 on Dec 31 — a record that stood until January 3, 2000, and its lowest 2,208.05 on Jan 4. The biggest one-day fall was −5.6% on Apr 19 and the biggest rise +4.3% on Jun 16. Adjusted for inflation, it gained 80.7%.
What were the highest and lowest closes of the Nasdaq Composite in 1999?
Highest: 4,069.31 on December 31, 1999. Lowest: 2,208.05 on January 4, 1999. It closed higher on 146 of 252 trading days.
What happened to the Nasdaq Composite on November 12, 1999?
Gramm-Leach-Bliley Act is signed, repealing Glass-Steagall limits on combining banking and securities. The Nasdaq Composite rose 0.7% that day, and was +14.4% a month later.
Did the Nasdaq Composite reach a record high in 1999?
Yes — 61 record closing highs, the last at 4,069.31 on December 31, 1999.
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{corgano2026nasdaqin1999, author = {{Corgano}}, title = {Nasdaq in 1999}, howpublished = {\url{https://goldprice.corgano.com/market-history/nasdaq/1999}}, year = {2026}, note = {Corgano Gold Price, accessed 2026-11-01}}