Dow Jones in 1906
The Dow Jones Industrial Average fell 1.9% in 1906, from 96.20 at the end of 1905 to 94.35. Its highest close was 103.00 on Jan 19 — a record that stood until September 28, 1916, and its lowest 85.18 on Jul 13. The biggest one-day fall was −2.8% on May 1 and the biggest rise +3.0% on May 4. Adjusted for inflation, it lost 7.1%.
Dow Jones, daily closes 1906
Numbers mark the events belowKey Events in 1906
What happened, and how the Dow Jones moved — on the day (or the next trading day) and about a month later.
- 1
Saturday, January 6 From the dataDow Jones sets the first of 10 record closing highs this year, at 97.09.
- 2
Friday, January 12 From the dataDow Jones closes above 100 for the first time (100.25).
- 3
Friday, January 19 From the dataLast record close of the year: 103.00.
- 4
Wednesday, April 18The San Francisco earthquake destroys much of the city. SourceDow Jones: −1.2% that day · −3.5% a month later
- 5
Tuesday, May 1 From the dataBiggest one-day fall of the year: −2.8%.
- 6
Friday, May 4 From the dataBiggest one-day rise of the year: +3.0%.
- 7
Friday, June 29The Hepburn Act is signed, expanding federal regulation of railroad rates. SourceDow Jones: −1.6% that day · −0.7% a month later
- 8
Saturday, June 30Congress passes the Pure Food and Drug Act and the Meat Inspection Act. SourceDow Jones: −0.3% that day · +2.6% a month later
Biggest days of 1906
| Best days | Worst days | ||
|---|---|---|---|
| May 4 | +3.0% | May 1 | −2.8% |
| Jan 31 | +2.4% | Apr 27 | −2.7% |
| Aug 18 | +2.1% | Feb 28 | −2.6% |
| Apr 30 | +2.1% | Jan 29 | −2.5% |
| Sep 12 | +2.0% | Mar 19 | −2.2% |
Volatility: 13.5% (annualised standard deviation of daily changes).
Month by month
| Month | Close | Change |
|---|---|---|
| Jan | 100.69 | +4.7% |
| Feb | 93.94 | −6.7% |
| Mar | 96.95 | +3.2% |
| Apr | 90.53 | −6.6% |
| May | 93.75 | +3.6% |
| Jun | 87.01 | −7.2% |
| Jul | 92.41 | +6.2% |
| Aug | 94.01 | +1.7% |
| Sep | 94.84 | +0.9% |
| Oct | 92.91 | −2.0% |
| Nov | 95.12 | +2.4% |
| Dec | 94.35 | −0.8% |
Dow Jones in 1906: FAQ
How much did the Dow Jones Industrial Average fall in 1906?
The Dow Jones Industrial Average fell 1.9% in 1906, from 96.20 at the end of 1905 to 94.35. Its highest close was 103.00 on Jan 19 — a record that stood until September 28, 1916, and its lowest 85.18 on Jul 13. The biggest one-day fall was −2.8% on May 1 and the biggest rise +3.0% on May 4. Adjusted for inflation, it lost 7.1%.
What were the highest and lowest closes of the Dow Jones Industrial Average in 1906?
Highest: 103.00 on January 19, 1906. Lowest: 85.18 on July 13, 1906. It closed higher on 157 of 304 trading days.
What happened to the Dow Jones Industrial Average on June 29, 1906?
The Hepburn Act is signed, expanding federal regulation of railroad rates. The Dow Jones Industrial Average fell 1.6% that day, and was −0.7% a month later.
Did the Dow Jones Industrial Average reach a record high in 1906?
Yes — 10 record closing highs, the last at 103.00 on January 19, 1906.
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.