Dow Jones in 1905

The Dow Jones Industrial Average rose 38.2% in 1905, from 69.61 at the end of 1904 to 96.20. Its highest close was 96.56 on Dec 29 — a record that stood until January 6, 1906, and its lowest 68.76 on Jan 25. The biggest one-day fall was −3.4% on Apr 27 and the biggest rise +3.0% on May 24. Adjusted for inflation, it gained 38.2%.

Change in 1905

+38.2%

69.61 → 96.20

High

96.56

Dec 29

Low

68.76

Jan 25

After inflation

+38.2%

US CPI

Up days

171 of 301

longest run 9 up, 6 down

Record highs

closing records

Dow Jones, daily closes 1905

Numbers mark the events below

Key Events in 1905

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

1
Monday, January 30

The Supreme Court's Swift & Co. v. United States ruling affirms federal power to regulate monopolies. Source

Dow Jones: −0.1% that day · +7.5% a month later
2
Friday, March 24 From the data

Dow Jones sets the first of 31 record closing highs this year, at 79.27. Back above its pre-bear-market peak of 78.26 (June 17, 1901).
3
Friday, March 31 From the data

Dow Jones closes above 80 for the first time (80.02).
4
Thursday, April 27 From the data

Biggest one-day fall of the year: −3.4%.
5
Wednesday, May 24 From the data

Biggest one-day rise of the year: +3.0%.
6
Tuesday, September 5

Japan and Russia sign the Treaty of Portsmouth, ending the Russo-Japanese War. Source

Dow Jones: +1.3% that day · +1.5% a month later
7
Tuesday, December 5 From the data

Dow Jones closes above 90 for the first time (90.82).
8
Friday, December 29 From the data

Last record close of the year: 96.56.

Biggest days of 1905

Best days		Worst days
May 24	+3.0%	Apr 27	−3.4%
May 5	+2.9%	Apr 20	−3.0%
Nov 27	+2.9%	May 18	−2.6%
Mar 24	+2.4%	May 22	−2.5%
Jun 26	+2.3%	May 4	−2.4%

Volatility: 14.7% (annualised standard deviation of daily changes).

Month by month

Month	Close	Change	High	Low
Jan	71.33	+2.5%	71.33	68.76
Feb	75.15	+5.4%	76.16	70.91
Mar	80.02	+6.5%	80.02	75.92
Apr	76.08	−4.9%	83.75	76.08
May	74.32	−2.3%	78.05	71.37
Jun	76.87	+3.4%	77.78	72.53
Jul	81.70	+6.3%	81.70	77.48
Aug	80.63	−1.3%	82.82	80.63
Sep	81.90	+1.6%	81.91	78.60
Oct	83.77	+2.3%	83.77	80.83
Nov	89.89	+7.3%	89.89	80.83
Dec	96.20	+7.0%	96.56	89.50

1900 1901 1902 1903 1904 1905 1906 1907 1908 1909

Dow Jones in 1905: FAQ

How much did the Dow Jones Industrial Average rise in 1905?

What were the highest and lowest closes of the Dow Jones Industrial Average in 1905?

Highest: 96.56 on December 29, 1905. Lowest: 68.76 on January 25, 1905. It closed higher on 171 of 301 trading days.

What happened to the Dow Jones Industrial Average on September 5, 1905?

Japan and Russia sign the Treaty of Portsmouth, ending the Russo-Japanese War. The Dow Jones Industrial Average rose 1.3% that day, and was +1.5% a month later.

Did the Dow Jones Industrial Average reach a record high in 1905?

Yes — 31 record closing highs, the last at 96.56 on December 29, 1905.

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.