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Dow Jones in 1930

The Dow Jones Industrial Average fell 33.8% in 1930, from 248.48 at the end of 1929 to 164.58. Its highest close was 294.07 on Apr 17, and its lowest 157.51 on Dec 16. The biggest one-day fall was −5.8% on Jun 16 and the biggest rise +5.1% on Dec 17. Adjusted for inflation, it lost 29.2%.

Change in 1930
−33.8%
248.48 → 164.58
High
294.07
Apr 17
Low
157.51
Dec 16
After inflation
−29.2%
US CPI
Up days
159 of 298
longest run 8 up, 6 down
Below record
-56.8%
at the end of 1930

Dow Jones, daily closes 1930

Numbers mark the events below
170226281JanFebMarAprMayJunJulAugSepOctNovDec1May 17: The Bank for International Settlements opens for business in Basel.2Jun 16: Enters a bear market: 20% below its peak of 294.07 (April 17, 1930). Biggest one-day fall of the year: −5.8%.3Jun 17: President Hoover signs the Smoot-Hawley Tariff Act into law.4Nov 7: Bank of Tennessee, a principal Caldwell and Company subsidiary, closes, starting a regional banking panic.5Dec 11: Bank of United States, New York City's fourth-largest bank, ceases operations.6Dec 16: Bear market low: 157.51, 46.4% below the peak.7Dec 17: Biggest one-day rise of the year: +5.1%.

Key Events in 1930

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

  1. 1
    Saturday, May 17
    The Bank for International Settlements opens for business in Basel. Source
    Dow Jones: +0.3% that day · −9.0% a month later
  2. 2
    Monday, June 16 From the data
    Enters a bear market: 20% below its peak of 294.07 (April 17, 1930). Biggest one-day fall of the year: −5.8%.
  3. 3
    Tuesday, June 17
    President Hoover signs the Smoot-Hawley Tariff Act into law. Source
    Dow Jones: −0.6% that day · −0.4% a month later
  4. 4
    Friday, November 7
    Bank of Tennessee, a principal Caldwell and Company subsidiary, closes, starting a regional banking panic. Source
    Dow Jones: −3.5% that day · +3.4% a month later
  5. 5
    Thursday, December 11
    Bank of United States, New York City's fourth-largest bank, ceases operations. Source
    Dow Jones: −2.1% that day · −0.8% a month later
  6. 6
    Tuesday, December 16 From the data
    Bear market low: 157.51, 46.4% below the peak.
  7. 7
    Wednesday, December 17 From the data
    Biggest one-day rise of the year: +5.1%.

Biggest days of 1930

Best daysWorst days
Dec 17+5.1%Jun 16−5.8%
Jun 19+4.6%Oct 17−4.7%
Oct 1+4.5%Oct 9−4.3%
Oct 20+4.3%Jun 18−4.3%
Oct 24+3.7%Aug 8−4.2%

Volatility: 26.5% (annualised standard deviation of daily changes).

Month by month

MonthCloseChangeHighLow
Jan267.14+7.5%267.14244.20
Feb271.11+1.5%272.27262.47
Mar286.10+5.5%286.19270.25
Apr279.23−2.4%294.07276.94
May275.07−1.5%275.07258.31
Jun226.34−17.7%274.45211.84
Jul233.99+3.4%240.81218.33
Aug240.42+2.7%240.42217.24
Sep204.90−14.8%245.09204.90
Oct183.35−10.5%214.18183.35
Nov183.390.0%190.30171.60
Dec164.58−10.3%186.82157.51
1930193119321933193419351936193719381939

Dow Jones in 1930: FAQ

How much did the Dow Jones Industrial Average fall in 1930?

The Dow Jones Industrial Average fell 33.8% in 1930, from 248.48 at the end of 1929 to 164.58. Its highest close was 294.07 on Apr 17, and its lowest 157.51 on Dec 16. The biggest one-day fall was −5.8% on Jun 16 and the biggest rise +5.1% on Dec 17. Adjusted for inflation, it lost 29.2%.

What were the highest and lowest closes of the Dow Jones Industrial Average in 1930?

Highest: 294.07 on April 17, 1930. Lowest: 157.51 on December 16, 1930. It closed higher on 159 of 298 trading days.

What happened to the Dow Jones Industrial Average on November 7, 1930?

Bank of Tennessee, a principal Caldwell and Company subsidiary, closes, starting a regional banking panic. The Dow Jones Industrial Average fell 3.5% that day, and was +3.4% 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.