Dow Jones in 1907
The Dow Jones Industrial Average fell 37.7% in 1907, from 94.35 at the end of 1906 to 58.75. Its highest close was 96.37 on Jan 7, and its lowest 53.00 on Nov 15. The biggest one-day fall was −8.3% on Mar 14 and the biggest rise +6.7% on Mar 15. Adjusted for inflation, it lost 36.4%.
Dow Jones, daily closes 1907
Numbers mark the events belowKey Events in 1907
What happened, and how the Dow Jones moved — on the day (or the next trading day) and about a month later.
- 1
Thursday, March 14 From the dataEnters a bear market: 20% below its peak of 103.00 (January 19, 1906). Biggest one-day fall of the year: −8.3%.
- 2
Friday, March 15 From the dataBiggest one-day rise of the year: +6.7%.
- 3
Wednesday, October 16The attempt to corner United Copper stock fails, triggering the Panic of 1907. SourceDow Jones: −2.6% that day · −9.0% a month later
- 4
Tuesday, October 22A run forces the Knickerbocker Trust Company to suspend operations. SourceDow Jones: −2.8% that day · −12.8% a month later
- 5
Thursday, October 24J. P. Morgan organizes $23 million for the NYSE as the Treasury deposits funds in New York banks. SourceDow Jones: −0.1% that day · −5.4% a month later
- 6
Monday, November 4President Roosevelt approves U.S. Steel's takeover of Tennessee Coal, Iron & Railroad. SourceDow Jones: +1.9% that day · +0.2% a month later
- 7
Friday, November 15The Dow Jones Industrial Average closes at its panic low of 53.00. SourceDow Jones: −2.5% that day · +7.6% a month later
- 8
Friday, November 15 From the dataBear market low: 53.00, 48.5% below the peak.
Biggest days of 1907
| Best days | Worst days | ||
|---|---|---|---|
| Mar 15 | +6.7% | Mar 14 | −8.3% |
| Oct 21 | +3.7% | Mar 25 | −4.3% |
| Nov 23 | +3.7% | Mar 13 | −3.9% |
| Nov 29 | +3.5% | Aug 14 | −3.8% |
| Mar 26 | +3.2% | Oct 11 | −3.0% |
Volatility: 22.0% (annualised standard deviation of daily changes).
Month by month
| Month | Close | Change |
|---|---|---|
| Jan | 91.70 | −2.8% |
| Feb | 90.54 | −1.3% |
| Mar | 80.15 | −11.5% |
| Apr | 84.30 | +5.2% |
| May | 78.10 | −7.4% |
| Jun | 80.36 | +2.9% |
| Jul | 78.87 | −1.9% |
| Aug | 72.28 | −8.4% |
| Sep | 67.72 | −6.3% |
| Oct | 57.70 | −14.8% |
| Nov | 58.41 | +1.2% |
| Dec | 58.75 | +0.6% |
Dow Jones in 1907: FAQ
How much did the Dow Jones Industrial Average fall in 1907?
The Dow Jones Industrial Average fell 37.7% in 1907, from 94.35 at the end of 1906 to 58.75. Its highest close was 96.37 on Jan 7, and its lowest 53.00 on Nov 15. The biggest one-day fall was −8.3% on Mar 14 and the biggest rise +6.7% on Mar 15. Adjusted for inflation, it lost 36.4%.
What were the highest and lowest closes of the Dow Jones Industrial Average in 1907?
Highest: 96.37 on January 7, 1907. Lowest: 53.00 on November 15, 1907. It closed higher on 129 of 301 trading days.
What happened to the Dow Jones Industrial Average on October 22, 1907?
A run forces the Knickerbocker Trust Company to suspend operations. The Dow Jones Industrial Average fell 2.8% that day, and was −12.8% a month later.
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.