Dow Jones in 1918
The Dow Jones Industrial Average rose 10.5% in 1918, from 74.38 at the end of 1917 to 82.20. Its highest close was 89.07 on Oct 18, and its lowest 73.38 on Jan 15. The biggest one-day fall was −3.1% on May 27 and the biggest rise +3.7% on Jan 31. Adjusted for inflation, it lost 8.2%.
Dow Jones, daily closes 1918
Numbers mark the events belowKey Events in 1918
What happened, and how the Dow Jones moved — on the day (or the next trading day) and about a month later.
- 1
Tuesday, January 8President Wilson delivers his Fourteen Points speech. SourceDow Jones: −0.3% that day · +5.9% a month later
- 2
Thursday, January 31 From the dataBiggest one-day rise of the year: +3.7%.
- 3
Sunday, March 3Russia and the Central Powers sign the Treaty of Brest-Litovsk. SourceDow Jones: 0.0% next trading day (Mar 4) · −2.9% a month later
- 4
Monday, May 27 From the dataBiggest one-day fall of the year: −3.1%.
- 5
Monday, November 11The Armistice ends fighting in World War I. SourceDow Jones: −1.7% next trading day (Nov 12) · −6.4% a month later
Biggest days of 1918
| Best days | Worst days | ||
|---|---|---|---|
| Jan 31 | +3.7% | May 27 | −3.1% |
| Jan 2 | +3.1% | Oct 30 | −2.7% |
| May 15 | +2.2% | Jan 5 | −2.4% |
| Apr 15 | +2.0% | Nov 25 | −2.4% |
| Nov 26 | +2.0% | Mar 23 | −1.9% |
Volatility: 14.1% (annualised standard deviation of daily changes).
Month by month
| Month | Close | Change |
|---|---|---|
| Jan | 79.80 | +7.3% |
| Feb | 80.39 | +0.7% |
| Mar | 76.72 | −4.6% |
| Apr | 77.51 | +1.0% |
| May | 78.08 | +0.7% |
| Jun | 82.68 | +5.9% |
| Jul | 81.23 | −1.8% |
| Aug | 82.84 | +2.0% |
| Sep | 84.68 | +2.2% |
| Oct | 85.51 | +1.0% |
| Nov | 81.13 | −5.1% |
| Dec | 82.20 | +1.3% |
Dow Jones in 1918: FAQ
How much did the Dow Jones Industrial Average rise in 1918?
The Dow Jones Industrial Average rose 10.5% in 1918, from 74.38 at the end of 1917 to 82.20. Its highest close was 89.07 on Oct 18, and its lowest 73.38 on Jan 15. The biggest one-day fall was −3.1% on May 27 and the biggest rise +3.7% on Jan 31. Adjusted for inflation, it lost 8.2%.
What were the highest and lowest closes of the Dow Jones Industrial Average in 1918?
Highest: 89.07 on October 18, 1918. Lowest: 73.38 on January 15, 1918. It closed higher on 144 of 297 trading days.
What happened to the Dow Jones Industrial Average on November 11, 1918?
The Armistice ends fighting in World War I. The Dow Jones Industrial Average fell 1.7% on the next trading day (November 12, 1918), and was −6.4% 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.