Dow Jones in 1917
The Dow Jones Industrial Average fell 21.7% in 1917, from 95.00 at the end of 1916 to 74.38. Its highest close was 99.18 on Jan 3, and its lowest 65.95 on Dec 19. The biggest one-day fall was −7.2% on Feb 1 and the biggest rise +3.4% on Feb 3. Adjusted for inflation, it lost 33.7%.
Dow Jones, daily closes 1917
Numbers mark the events belowKey Events in 1917
What happened, and how the Dow Jones moved — on the day (or the next trading day) and about a month later.
- 1
Thursday, February 1 From the dataBiggest one-day fall of the year: −7.2%.
- 2
Friday, February 2 From the dataEnters a bear market: 20% below its peak of 110.15 (November 21, 1916).
- 3
Saturday, February 3The US breaks off diplomatic relations with Germany. SourceDow Jones: +3.4% that day · +4.7% a month later
- 4
Friday, April 6The US declares war on Germany. SourceDow Jones: −1.6% next trading day (Apr 7) · −1.3% a month later
- 5
Wednesday, November 7The Bolsheviks seize power in Petrograd in the October Revolution. SourceDow Jones: +2.3% that day · +4.2% a month later
- 6
Wednesday, December 19 From the dataBear market low: 65.95, 40.1% below the peak.
- 7
Wednesday, December 26President Wilson places most US railroads under the US Railroad Administration. SourceDow Jones: −1.4% that day · +8.1% a month later
Biggest days of 1917
| Best days | Worst days | ||
|---|---|---|---|
| Feb 3 | +3.4% | Feb 1 | −7.2% |
| Dec 27 | +3.2% | Nov 1 | −4.1% |
| Jan 3 | +3.2% | Nov 8 | −4.1% |
| Sep 5 | +3.0% | Oct 15 | −3.5% |
| Sep 19 | +2.9% | Oct 29 | −3.3% |
Volatility: 20.7% (annualised standard deviation of daily changes).
Month by month
| Month | Close | Change |
|---|---|---|
| Jan | 95.43 | +0.5% |
| Feb | 91.56 | −4.1% |
| Mar | 95.41 | +4.2% |
| Apr | 93.23 | −2.3% |
| May | 97.38 | +4.5% |
| Jun | 95.87 | −1.6% |
| Jul | 91.75 | −4.3% |
| Aug | 83.40 | −9.1% |
| Sep | 83.81 | +0.5% |
| Oct | 74.50 | −11.1% |
| Nov | 72.65 | −2.5% |
| Dec | 74.38 | +2.4% |
Dow Jones in 1917: FAQ
How much did the Dow Jones Industrial Average fall in 1917?
The Dow Jones Industrial Average fell 21.7% in 1917, from 95.00 at the end of 1916 to 74.38. Its highest close was 99.18 on Jan 3, and its lowest 65.95 on Dec 19. The biggest one-day fall was −7.2% on Feb 1 and the biggest rise +3.4% on Feb 3. Adjusted for inflation, it lost 33.7%.
What were the highest and lowest closes of the Dow Jones Industrial Average in 1917?
Highest: 99.18 on January 3, 1917. Lowest: 65.95 on December 19, 1917. It closed higher on 140 of 298 trading days.
What happened to the Dow Jones Industrial Average on February 3, 1917?
The US breaks off diplomatic relations with Germany. The Dow Jones Industrial Average rose 3.4% that day, and was +4.7% 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.