Dow Jones in 1958

The Dow Jones Industrial Average rose 34.0% in 1958, from 435.69 at the end of 1957 to 583.65. Its highest close was 583.65 on Dec 31 — a record that stood until January 2, 1959, and its lowest 436.89 on Feb 25. The biggest one-day fall was −2.6% on Nov 24 and the biggest rise +1.6% on Nov 26. Adjusted for inflation, it gained 31.6%.

Change in 1958

+34.0%

435.69 → 583.65

High

583.65

Dec 31

Low

436.89

Feb 25

After inflation

+31.6%

US CPI

Up days

146 of 252

longest run 8 up, 9 down

Record highs

closing records

Dow Jones, daily closes 1958

Numbers mark the events below

Key Events in 1958

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

1
Wednesday, January 1

Treaty of Rome comes into force, establishing the European Economic Community. Source

Dow Jones: +0.8% next trading day (Jan 2) · +3.2% a month later
2
Monday, September 15 From the data

sets the first of 25 record closing highs this year, at 523.40.
3
Thursday, October 16

Federal Reserve raises the margin requirement on stocks to 90%. Source

Dow Jones: +0.7% that day · +5.3% a month later
4
Monday, November 24 From the data

Biggest one-day fall of the year: −2.6%.
5
Wednesday, November 26 From the data

Biggest one-day rise of the year: +1.6%.
6
Wednesday, December 31 From the data

Last record close of the year: 583.65.

Biggest days of 1958

Best days		Worst days
Nov 26	+1.6%	Nov 24	−2.6%
Nov 28	+1.5%	Jul 14	−1.2%
Jul 21	+1.4%	Nov 21	−1.2%
Dec 10	+1.2%	Jun 19	−1.1%
Jan 3	+1.2%	Mar 17	−1.1%

Volatility: 9.2% (annualised standard deviation of daily changes).

Month by month

Month	Close	Change	High	Low
Jan	450.02	+3.3%	451.16	438.68
Feb	439.92	−2.2%	458.65	436.89
Mar	446.76	+1.6%	455.92	443.38
Apr	455.86	+2.0%	455.86	440.09
May	462.70	+1.5%	463.67	455.45
Jun	478.18	+3.3%	478.97	466.11
Jul	502.99	+5.2%	504.37	476.89
Aug	508.63	+1.1%	512.42	502.67
Sep	532.09	+4.6%	532.09	511.77
Oct	543.22	+2.1%	546.36	530.94
Nov	557.46	+2.6%	567.44	540.52
Dec	583.65	+4.7%	583.65	556.08

Other Markets in 1958

Change over the calendar year.

Market	Change	Year-end
Dow Jones	+34.0%	583.65
S&P 500 in 1958	+38.1%	55.21

1950 1951 1952 1953 1954 1955 1956 1957 1958 1959

Dow Jones in 1958: FAQ

How much did the Dow Jones Industrial Average rise in 1958?

What were the highest and lowest closes of the Dow Jones Industrial Average in 1958?

Highest: 583.65 on December 31, 1958. Lowest: 436.89 on February 25, 1958. It closed higher on 146 of 252 trading days.

What happened to the Dow Jones Industrial Average on January 1, 1958?

Treaty of Rome comes into force, establishing the European Economic Community. The Dow Jones Industrial Average rose 0.8% on the next trading day (January 2, 1958), and was +3.2% a month later.

Did the Dow Jones Industrial Average reach a record high in 1958?

Yes — 25 record closing highs, the last at 583.65 on December 31, 1958.

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.