Dow Jones in 1901

The Dow Jones Industrial Average fell 8.7% in 1901, from 70.71 at the end of 1900 to 64.56. Its highest close was 78.26 on Jun 17 — a record that stood until March 24, 1905, and its lowest 61.52 on Dec 24. The biggest one-day fall was −6.1% on May 9 and the biggest rise +6.4% on May 10. Adjusted for inflation, it lost 13.0%.

Change in 1901

−8.7%

70.71 → 64.56

High

78.26

Jun 17

Low

61.52

Dec 24

After inflation

−13.0%

US CPI

Up days

151 of 293

longest run 8 up, 8 down

Record highs

closing records

Dow Jones, daily closes 1901

Numbers mark the events below

Key Events in 1901

What happened, and how the Dow Jones moved — on the day (or the next trading day) and about a month later.

1
Monday, February 25

United States Steel Corporation, the first billion-dollar corporation, is incorporated by J. P. Morgan. Source

Dow Jones: −0.4% that day · +0.4% a month later
2
Thursday, May 9 From the data

Biggest one-day fall of the year: −6.1%.
3
Friday, May 10 From the data

Biggest one-day rise of the year: +6.4%.
4
Monday, June 3 From the data

Dow Jones sets the first of 2 record closing highs this year, at 77.73. Back above its pre-bear-market peak of 77.61 (September 5, 1899).
5
Monday, June 17 From the data

Last record close of the year: 78.26.
6
Friday, September 6

President William McKinley is shot in Buffalo, New York. Source

Dow Jones: −1.1% that day · −9.7% a month later
7
Saturday, September 14

McKinley dies and Theodore Roosevelt becomes US president. Source

Dow Jones: +4.1% next trading day (Sep 16) · −2.8% a month later
8
Thursday, December 12 From the data

Enters a bear market: 20% below its peak of 78.26 (June 17, 1901).

Biggest days of 1901

Best days		Worst days
May 10	+6.4%	May 9	−6.1%
Sep 16	+4.1%	Sep 7	−4.4%
May 17	+3.2%	May 8	−4.4%
Jul 17	+2.7%	Sep 13	−4.3%
Sep 9	+2.4%	Jan 3	−3.5%

Volatility: 19.6% (annualised standard deviation of daily changes).

Month by month

Month	Close	Change	High	Low
Jan	66.81	−5.5%	70.44	64.77
Feb	67.00	+0.3%	70.78	67.00
Mar	69.92	+4.4%	69.92	67.18
Apr	75.80	+8.4%	75.89	70.91
May	75.77	0.0%	75.93	67.38
Jun	77.94	+2.9%	78.26	76.07
Jul	71.63	−8.1%	77.08	69.46
Aug	73.47	+2.6%	73.83	69.05
Sep	66.66	−9.3%	73.27	66.22
Oct	64.45	−3.3%	66.07	63.48
Nov	65.01	+0.9%	66.52	64.48
Dec	64.56	−0.7%	64.87	61.52

1900 1901 1902 1903 1904 1905 1906 1907 1908 1909

Dow Jones in 1901: FAQ

How much did the Dow Jones Industrial Average fall in 1901?

What were the highest and lowest closes of the Dow Jones Industrial Average in 1901?

Highest: 78.26 on June 17, 1901. Lowest: 61.52 on December 24, 1901. It closed higher on 151 of 293 trading days.

What happened to the Dow Jones Industrial Average on September 14, 1901?

McKinley dies and Theodore Roosevelt becomes US president. The Dow Jones Industrial Average rose 4.1% on the next trading day (September 16, 1901), and was −2.8% a month later.

Did the Dow Jones Industrial Average reach a record high in 1901?

Yes — 2 record closing highs, the last at 78.26 on June 17, 1901.

Data: Daily closes since 26 May 1896. Saturday sessions were held until 1952. The NYSE was closed from 31 Jul to 11 Dec 1914. 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.