Английская Википедия:Closing milestones of the S&P 500

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Шаблон:Short description Шаблон:Update This article is a summary of the closing milestones of the S&P 500 Index, a United States stock market index.

Price history & milestones

Launched by the Standard Statistics Company in 1926 as the successor to its 1923 233-stock weekly index, the Composite Stock Index was a daily 90-stock index that preceded the S&P 500. Following continual daily closure records from 17.66 in December 1927 to 31.71 in August 1929, the Wall Street Crash of 1929 began a trend of daily closure losses that would see the index fall to a record low of 4.43 by June 1932.[1] While the index saw a degree of recovery in subsequent years, closing at 18.09 in February 1937, it would not surpass its pre-Great Depression record until its closure at 32.31 in September 1954.

In March 1957 the index was expanded to its current 500-stock structure and renamed the S&P 500 Stock Composite Index. Subsequently, closing beyond 50 for the first time in September 1958, the continued post-World War II boom in the United States would see the index nearly double to a closing price of 94.06 on February 9, 1966. The subsequent 1970s bull market and early 1980s bull depression would slow growth of the index for over a decade. As a result of the mid-1980s bull market, the index would more than triple from 102.42 on August 12, 1982, to 336.77 on August 25, 1987.[2] The subsequent stock market crash on October 19, 1987 (Black Monday) saw the index lose 20.47% of its value, its highest daily percentage loss to date.[3] Falling to 230.30 by November 1987, the index would take until July 26, 1989, to recover to its pre-crash high of 336.77.

Closing above 500 for the first time on March 24, 1995, the dot-com bubble of the late 1990s fueled increased market growth through the turn of the millennium, with the S&P 500 surpassing 800 on February 12, 1997, and 1,000 on February 2, 1998,[4][5] with an intraday high of 1,552.87 on March 24, 2000. As a result of the 2002 stock market downturn, the index fell to 768.83 by October 10, 2002, and would take until October 11, 2007, to surpass its March 2000 intraday trading high.[6][7] While a brief bull market in 2007 saw the index achieve new record closures of 1,530.23 on May 30 through to 1,565.15 on October 9, the bursting of the United States housing bubble caused mortgage-backed securities to collapse in value, precipitating a financial crisis and global recession. These events, including the bankruptcy of Lehman Brothers, caused substantial market volatility that resulted in the S&P 500 closing up or down 3 percent or more 29 times in the fourth quarter of 2008.[8] This included an increase of 11.6% on October 13, 2008, the index's highest daily percentage gain to date.[9]

In the year since its record closure of 1,565.15 in October 2007, the index fell by over 50% to 752.44 on November 20, 2008, its lowest point since March 1997.[10] Closing the year at 903.25—a yearly loss of 38.5%—the index continued to decline in the first quarter of 2009, with the 2007-2009 bear market reaching a trough of 666 on March 6, 2009.[11][12] The drawdown from the high in October 2007 to the low in March 2009 was 56.8%, the largest since World War II.[13] Despite this, the index recovered substantially in the following year, closing at 822.92 on March 23, 2009, and at 1,115.10 by the end of the year, making 2009 the index's second-best year of the decade.[14][15] On April 14, 2010, the index closed at 1,210.65, its first close above 1,200 since August 2008.[16]

The index subsequently experienced a degree of volatility, falling to 1,022.58 by July 2, 2010,[17][18] rising to 1,363.61 by April 29, 2011, and falling again below 1,100 by October 4, 2011, the latter due to the August 2011 stock markets fall.[19] While this period of volatility continued into 2012 amid electoral and fiscal uncertainty and round 3 of quantitative easing, the index closed the year at 1,426.19, an annual gain of 13% and its biggest gain in 3 years.[20] On March 28 and April 10, 2013, the index's October 2007 closing and intraday trading highs, respectively, were surpassed for the first time, recovering all losses incurred during the Great Recession.[6][21][22][23] The index surpassed 2,000 for the first time on August 26, 2014, reaching an all-time closing high of 2,130.82 on May 21, 2015.[5] It would not be surpassed until July 11, 2016, due to a market decline precipitated by the 2015–2016 stock market selloff and 2015–2016 Chinese stock market turbulence.[24] The index surpassed 2,500 on September 25, 2017,[25] finishing the year up 19.4%, its best since 2013.[26]

The index rose for the tenth month running in January 2018,[27] falling 4% the next month in part due to the doubling of market volatility on February 5.[28][29][30] Following a strong third quarter and a weak fourth quarter,[31] the year ended with the index declining by 6%, its worst year in a decade.[32][33] High market growth in the next two quarters reversed the prior year's losses by April 2019,[34][35] with the index surpassing 3,000 on July 10.[36] The index closed the year with a growth rate of 28.9%, among its best to date.[37] While the index reached a new closing peak of 3,386.15 on February 19, 2020, the onset of the COVID-19 pandemic and recession saw it lose 10% of its value in the next six trading days, its fastest drop from a new peak to date.[38][39] At the trough of the 2020 stock market crash on March 23, 2020, the index had fallen 34% from its February peak.[40][41] While the index fell by 20% by the end of the first quarter, its worst since 2008,[42] it realized a 20% gain in the second quarter, its best since 1998.[43][44] The index reached a new record high of 3,756.07 by the end of the year,[1] closing above 4,000 for the first time on April 1, 2021.[45] By the end of the year the index closed 70 of the year's 252 trading days at new record closing prices, the second highest to date behind the 77 recorded in 1995.[46] 2021 also marked the first year since 2005 when the S&P 500 beat the other two closely watched U.S. stock indices: the Dow Jones Industrial Average and the Nasdaq Composite.[47]

History

Шаблон:Update

Файл:S and P 500 chart 1950 to 2016 with averages.png
S&P 500 Index from 1950 to 2016

Standard & Poor's, initially known as the Standard Statistics Company, created its first stock market index in 1923. It consisted of 233 different stocks and was computed on a weekly basis. Three years later, it developed a 90 component composite price index that was computed on a daily basis; that was expanded over the years. On March 4, 1957, the Standard & Poor's 500 (.INX) (.SPX) was introduced.

Milestone highs

  • March 24, 2000: The S&P 500 index reaches an all-time intraday high of 1552.87 during the dot-com bubble. It hit this level again on July 13, 2007.
  • October 9, 2007: The index closes at a record high of 1565.15, the highest close prior to the financial crisis of 2007–2008. Two days later, the index hits an intraday record high of 1576.09. It did not regain this closing level until April 10, 2013.
  • February 19, 2020: The S&P 500 index reached its highest point in the bull market that started from the low point on March 9, 2009, closing at 3386.15.
  • August 18, 2020: The S&P 500 index closed at a record high of 3389.78 amid the ongoing COVID-19 pandemic in the United States.
  • January 3, 2022: The S&P 500 index closed at a record high of 4796.56.
  • January 19, 2024: The S&P 500 index closed at a record high of 4839.81, surpassing its previous record two years earlier.
  • February 9, 2024: The S&P 500 index closed at a record high of 5026.61.

Milestone lows

Milestone changes

  • October 19, 1987: S&P 500 registers its largest daily percentage loss, falling 20.47 percent. The one-day crash, known as "Black Monday," was blamed on program trading and those using a hedging strategy known as portfolio insurance. Despite the losses, the S&P 500 still closed positive for the year.
  • February 5, 2018: After months of low volatility, S&P 500 registers a new largest daily point loss of 113.19 points, equivalent to more than 4%. Three days later, the index suffered another heavy loss of nearly the same amount.[48]
  • October 13, 2008: S&P 500 marks its best daily percentage gain, rising 11.58 percent. It also registers its then-largest single-day point increase of 104.13 points.
  • December 26, 2018: While on pace for the worst December performance since the Great Depression, S&P 500 registers a new largest daily point gain of 116.60 points, which translates to roughly 5% on the index.[49]
  • December 31, 2008: For the year, S&P 500 falls 38.49 percent, its worst yearly percentage loss. In September 2008, Lehman Brothers collapsed as the financial crisis spread.
  • March 16, 2020: The S&P 500 index suffered its worst daily decline since 1987's Black Monday, falling 9.5 percent, as a result of anxiety about the coronavirus pandemic.[50] The decline of more than 20% since its peak, only 16 trading days earlier, signaled the start of a bear market closing at 2,480.64.
  • June 8, 2023: The S&P 500 advanced 26.41 points, or 0.6%, to end at 4,293.93 Thursday, its highest closing level since Aug. 16, 2022, according to Dow Jones Market Data. The 4,292.44 level marked a 20% rally off the bear-market closing low of 3,577.03 set on Oct. 12, 2022. By closing above that threshold, the S&P met a widely used definition of the end of a bear market. [1]

Records

Price index

Category All-time highs[51] All-time lows
Closing 5,029.73 Thursday, February 15, 2024 16.66 Tuesday, January 3, 1950
Intraday 5,048.39 Monday, February 12, 2024 16.66 Tuesday, January 3, 1950

Total return index

The total return index takes dividends into account.

Category All-time highs[52]
Closing 10,910.31 Thursday, February 15, 2024
Intraday 10,944.82 Monday, February 12, 2024

Incremental closing milestones

The following is a list of the milestone closing levels of the S&P 500. 1-point increments are used up to the 20-point level; 2 to 50; 5 to 100; 10 to 500; 20 to 1,000; 50 to 3,000; and 100-point increments thereafter. Bold formatting is applied to every five milestones, excluding peaks.[53]

The Post-World War II Boom (1949–1966)

Milestone Closing level Date first achieved
16.66Шаблон:Efn 16.66 January 3, 1950
17 17.08 January 9, 1950
18 18.03 April 18, 1950
19 19.14 June 8, 1950
20 20.00 October 4, 1950
22 22.20 February 5, 1951
24 24.16 January 14, 1952
26 26.04 December 12, 1952
28 28.18 April 29, 1954
30 30.14 July 9, 1954
32 32.00 September 22, 1954
34 34.03 November 23, 1954
36 36.75 January 3, 1955
38 38.27 April 18, 1955
40 40.10 June 17, 1955
42 43.18 July 6, 1955
44 44.19 September 12, 1955
46 46.41 November 14, 1955
48 48.14 March 16, 1956
50 50.06 September 30, 1958
55 55.21 December 31, 1958
60 60.01 July 7, 1959
65 65.06 March 30, 1961
70 70.01 November 6, 1961
75 75.02 December 31, 1963
80 80.02 April 6, 1964
85 85.04 October 8, 1964
90 90.27 May 13, 1965

The 1970s Bear Market (1967–1973)

Milestone Closing level Date first achieved
94.06Шаблон:Efn 94.32 May 4, 1967
95 95.37 August 1, 1967
100 100.38 June 4, 1968
110 110.18 April 12, 1972
120 120.24 January 11, 1973

The Early 1980s Bull Depression (1980–1982)

Milestone Closing level Date first achieved
120.24Шаблон:Efn 121.44 July 17, 1980
130 130.40 September 22, 1980
140 140.40 November 20, 1980

The Mid-1980s Bull Market (1982–1987)

Milestone Closing level Date first achieved
140.52Шаблон:Efn 142.87 November 3, 1982
150 150.88 March 1, 1983
160 160.71 April 20, 1983
170 170.53 June 21, 1983
180 180.35 February 4, 1985
190 190.04 June 4, 1985
200 201.41 November 21, 1985
210 212.02 December 16, 1985
220 222.45 February 18, 1986
230 231.69 March 11, 1986
240 242.22 April 16, 1986
250 250.84 June 30, 1986
260 260.30 January 12, 1987
270 273.91 January 22, 1987
280 281.16 February 5, 1987
290 290.52 March 5, 1987
300 301.16 March 23, 1987
310 310.68 July 14, 1987
320 322.09 August 6, 1987
330 333.99 August 14, 1987

The 1990s Technology Bubble (1989–2000)

Milestone Closing level Date first achieved
336.77Шаблон:Efn 338.05 July 26, 1989
340 341.99 July 27, 1989
350 351.52 August 24, 1989
360 360.65 May 29, 1990
370 370.47 March 1, 1991
380 380.40 April 12, 1991
390 390.45 April 17, 1991
400 404.84 December 26, 1991
410 415.14 December 30, 1991
420 420.44 January 14, 1992
430 430.16 November 27, 1992
440 441.28 December 18, 1992
450 454.71 March 8, 1993
460 460.13 August 25, 1993
470 470.54 December 27, 1993
480 481.61 January 31, 1994
490 490.05 March 13, 1995
500 500.97 March 24, 1995
520 520.48 May 3, 1995
540 545.22 June 19, 1995
560 560.89 July 12, 1995
580 583.61 September 14, 1995
600 600.07 November 17, 1995
620 620.18 December 6, 1995
640 641.43 February 5, 1996
660 661.45 February 12, 1996
680 680.54 September 13, 1996
700 701.46 October 4, 1996
720 724.59 November 6, 1996
740 742.16 November 19, 1996
760 768.86 January 14, 1997
780 782.72 January 21, 1997
800 802.77 February 12, 1997
820 830.29 May 5, 1997
840 841.88 May 15, 1997
860 862.91 June 9, 1997
880 883.46 June 12, 1997
900 904.03 July 2, 1997
920 925.76 July 15, 1997
940 940.30 July 24, 1997
960 960.32 August 6, 1997
980 983.12 October 7, 1997
1,000 1,001.27 February 2, 1998
1,050 1,052.02 March 3, 1998
1,100 1,105.65 March 24, 1998
1,150 1,157.33 July 6, 1998
1,200 1,202.84 December 21, 1998
1,250 1,272.34 January 6, 1999
1,300 1,307.26 March 15, 1999
1,350 1,358.63 April 12, 1999
1,400 1,403.28 July 9, 1999
1,450 1,458.34 December 23, 1999
1,500 1,500.64 March 22, 2000

The Mid-2000s Cyclical Bull Market (2007)

Milestone Closing level Date first achieved
1,527.46Шаблон:Efn 1,530.23 May 30, 2007
1,550 1,552.50 July 13, 2007

The Mid-2010s Bull Market (2013-2020)

Milestone Closing level Date first achieved
1,565.15Шаблон:Efn 1,569.19 March 28, 2013
1,600 1,614.42 May 3, 2013
1,650 1,650.34 May 14, 2013
1,700 1,706.87 August 1, 2013
1,750 1,754.67 October 22, 2013
1,800 1,804.76 November 22, 2013
1,850 1,854.29 February 27, 2014
1,900 1,900.53 May 23, 2014
1,950 1,951.27 June 9, 2014
2,000 2,000.02 August 26, 2014
2,050 2,051.80 November 18, 2014
2,100 2,100.34 February 17, 2015
2,130.82Шаблон:Efn 2,137.16 July 11, 2016
2,150 2,152.14 July 12, 2016
2,200 2,202.94 November 22, 2016
2,250 2,259.53 December 9, 2016
2,300Шаблон:Efn 2,307.87 February 9, 2017
2,350 2,351.16 February 17, 2017
2,400Шаблон:Efn 2,402.32 May 15, 2017
2,450 2,453.46 June 19, 2017
2,500 2,500.23 September 15, 2017
2,550 2,552.07 October 5, 2017
2,600 2,602.42 November 24, 2017
2,650 2,651.50 December 8, 2017
2,700 2,713.06 January 3, 2018
2,750 2,751.29 January 9, 2018
2,800 2,802.56 January 17, 2018
2,850 2,872.87 January 26, 2018
2,900 2,914.04 August 29, 2018
2,930.75Шаблон:Efn 2,933.68 April 23, 2019
2,950 2,954.18 June 20, 2019
3,000 3,013.77 July 12, 2019
3,100 3,120.46 November 15, 2019
3,200 3,205.37 December 19, 2019
3,300 3,316.81 January 16, 2020

Bull Recession of 2020-21

Шаблон:See also

Milestone Closing Level Date First Achieved
3,386.15Шаблон:Efn 3,389.78 August 18, 2020
3,400 3,431.30 August 24, 2020
3,500 3,508.01 August 28, 2020
3,600 3,626.91 November 16, 2020
3,700 3,702.25 December 8, 2020
3,800 3,803.79 January 7, 2021
3,900 3,915.59 February 8, 2021
4,000 4,019.87 April 1, 2021
4,100 4,128.80 April 9, 2021
4,200 4,211.47 April 29, 2021
4,300 4,319.94 July 1, 2021
4,400 4,411.79 July 23, 2021
4,500 4,509.37 August 27, 2021
4,600 4,605.38 October 29, 2021
4,700 4,701.70 November 8, 2021

The Current Bull Market (2022-present)

Milestone Closing level Date first achieved
4,800 4,839.81 January 19, 2024
4,900 4,927.93 January 29, 2024
5,000 5,026.61 February 9, 2024

List of 1000-point milestones by number of trading days

Milestone
(closing)
Date of Record Trading Days
1,000 February 2, 1998 12,186Шаблон:Efn
2,000 August 26, 2014 4,168
3,000 July 12, 2019 1,227[54]
4,000 April 1, 2021 434[54]
5,000 February 9, 2024 719[55]

See also

Notes

Шаблон:Notelist

References

Шаблон:Reflist

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