Best days in Nasdaq history percentage wise.
01/03/01 up 14.17% Greenspan drops rates unexpectedly 50 basis points for fed funds rate 10/13/08 11.81% MS get Japanese 9B infusion. Market rebounds after worst week ever. Banks globally get cash liquidity. Crash bounce. 12/05/00 10.48% Greenspan, crude dropping below $30 and positive election outcome 10/28/08 9.53% Anticipation of a FED rate cut. BA settles strike. Housing inventories decline. 03/13/20 Nasdaq closes up at 7874 (9.35%). Bounce after worst day since 1987. Coronavirus national emergency declared. 04/05/01 8.92% DELL affirms guidance and Alcoa has a good quarter. Yahoo got Lehman upgrade. 03/24/20 hopes of a $2 trillion stimulus. Coronaviris deaths over 600. 04/18/01 8.12% Greenspan cuts rates, INTC says demand may have bottomed and TXN says largest wireless customer inventory done and they would be ordering. 05/30/00 7.94% LU buy out offer for Chomatis. Analysts pump semis and opticals. 10/13/00 7.87% Friday the 13th and a Full Moon too. 5/8/02 - 7.78% CSCO beats by 2 cents, QLGC has a strong quarter with further upside. 12/22/00 7.56 Santa Claus visited the Nasdaq 10/21/87 - 7.34% Crash of 1987 bounce toward new highs 4/6/2020 – 7.33 The stock market rallied more than 7% to start the shortened trading week, as sentiment was buoyed by encouraging signs that the COVID-19 outbreak may be improving. The positive bias was formed overnight in the futures trade when data out of Europe showed countries reporting fewer coronavirus-related deaths, offering hope that the U.S. could follow a similar path. As the death toll in the U.S. approaches 10,000, New York Governor Cuomo said he's seeing signs that possible flattening of New York's caseload curve is starting to emerge. Social distancing efforts have also provided an improved statistical outlook regarding total U.S. deaths, although the trajectory of the coronavirus is subject to change. 4/18/00 - 7.19% Investors buy quality tech issues that had been dragged down by the indiscriminate selling that took place in the past couple of weeks 03/10/09 7.07% C announces a profit in 2 months shocking everyone, Fed promises uptick rule for shorting. 3/23/09 6.76% Geithner and Obama offer toxic asset bailouts. 4/25/00 - 6.57% JDSU amd EMC had great earnings. 4/17/00 - 6.56% Lattice Semi, Texas Instrument, and Vitesse beat estimates. 11/13/08 - 6.50 The market tested the 839 lows of Oct 11 and bounced back with a fury. 11/24/08 - 6.33% C gets government bailout part 2. 4/10/01 –– 6.09% CSFB upgrades European telcos to Neutral from underweight, Marconi says it will make numbers. 09/08/98 - 6.02% Greenspan hints he might cut rates. 12/08/00 –– 5.99% INTC up 5.22%. CIBC World Markets upgrades to BUY from HOLD, despite lowering FY01 view by 17.6% to $1.40. Believes worst in stock is over. 10/03/01 - 5.93% CSCO reaffirms guidance, Bush announces financial stimulus package for business, NAPM non-manufacturing index for September came in at 50.2 percent, up from the previous month's 45.5 percent and much higher than the expected 43.3 percent. 10/20/87 - 5.92% Crash bounce. 12/26/2018 5.8% - The S&P 500 rallied 5.0% on Wednesday from what many believed to be extremely oversold conditions on a short-term basis. Rebounding oil prices ($46.13/bbl, +$3.45, +8.1%), strong holiday sales, and some short covering helped drive the S&P 500 to its best one-day gain since March 2009. The Dow Jones Industrial Average gained 5.0%, the Nasdaq Composite gained 5.8%, and the Russell 2000 gained 5.0%.
11/14/00 5.78% GLW announces an alliance with CSCO in optical infrastructure. 03/26/20 $2 Trillion stimulus Bill passes Senate. Coronavirus deaths at 1000. 10/31/00 5.58% Halloween 10/16/08 5.49% unemployment and inflation steady. 08/09/11 5.30% Bounce after 9 days of hell. 11/21/08 5.18% Obama names NY Fed as Treasury Secretary candidate |