Dow Jones in 1999

The Dow Jones Industrial Average rose 25.2% in 1999, from 9,181.43 at the end of 1998 to 11,497. Its highest close was 11,497 on Dec 31 — a record that stood until January 7, 2000, and its lowest 9,120.67 on Jan 22. The biggest one-day fall was −2.6% on Oct 15 and the biggest rise +2.8% on Mar 5. Adjusted for inflation, it gained 21.9%.

Change in 1999

+25.2%

9,181.43 → 11,497

High

11,497

Dec 31

Low

9,120.67

Jan 22

After inflation

+21.9%

US CPI

Up days

125 of 252

longest run 6 up, 4 down

Record highs

closing records

Dow Jones, daily closes 1999

Numbers mark the events below

Key Events in 1999

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

1
Wednesday, January 6 From the data

Dow Jones sets the first of 35 record closing highs this year, at 9,544.97.
2
Friday, March 5 From the data

Biggest one-day rise of the year: +2.8%.
3
Monday, March 29 From the data

Dow Jones closes above 10,000 for the first time (10,007).
4
Friday, October 15 From the data

Biggest one-day fall of the year: −2.6%.
5
Friday, November 12

Gramm-Leach-Bliley Act is signed, repealing Glass-Steagall limits on combining banking and securities. Source

Dow Jones: +1.6% that day · +5.6% a month later
6
Friday, December 31 From the data

Last record close of the year: 11,497.

Biggest days of 1999

Best days		Worst days
Mar 5	+2.8%	Oct 15	−2.6%
Jan 6	+2.5%	Jan 14	−2.4%
Jan 15	+2.4%	Mar 23	−2.2%
Feb 22	+2.3%	May 27	−2.2%
Dec 3	+2.2%	Oct 12	−2.2%

Volatility: 16.2% (annualised standard deviation of daily changes).

Month by month

Month	Close	Change	High	Low
Jan	9,358.82	+1.9%	9,643.32	9,120.67
Feb	9,306.57	−0.6%	9,552.67	9,133.03
Mar	9,786.16	+5.2%	10,007	9,275.88
Apr	10,789	+10.2%	10,878	9,832.50
May	10,560	−2.1%	11,107	10,467
Jun	10,971	+3.9%	10,971	10,491
Jul	10,655	−2.9%	11,210	10,655
Aug	10,829	+1.6%	11,326	10,646
Sep	10,337	−4.5%	11,079	10,213
Oct	10,730	+3.8%	10,730	10,020
Nov	10,878	+1.4%	11,090	10,582
Dec	11,497	+5.7%	11,497	10,998

Other Markets in 1999

Change over the calendar year.

Market	Change	Year-end
Dow Jones	+25.2%	11,497
S&P 500 in 1999	+19.5%	1,469.25
Nasdaq Composite in 1999	+85.6%	4,069.31
Russell 2000 in 1999	+19.6%	504.75
Nikkei 225 in 1999	+36.8%	18,934.34
Gold in 1999	+0.9%	$290.25
Silver in 1999	+6.4%	$5.33
WTI crude oil in 1999	+112.2%	$25.76
Brent crude oil in 1999	+136.5%	$24.93
US 10-year Treasury yield in 1999	+1.80 pp	6.45%

1990 1991 1992 1993 1994 1995 1996 1997 1998 1999

Dow Jones in 1999: FAQ

How much did the Dow Jones Industrial Average rise in 1999?

What were the highest and lowest closes of the Dow Jones Industrial Average in 1999?

Highest: 11,497 on December 31, 1999. Lowest: 9,120.67 on January 22, 1999. It closed higher on 125 of 252 trading days.

What happened to the Dow Jones Industrial Average on November 12, 1999?

Gramm-Leach-Bliley Act is signed, repealing Glass-Steagall limits on combining banking and securities. The Dow Jones Industrial Average rose 1.6% that day, and was +5.6% a month later.

Did the Dow Jones Industrial Average reach a record high in 1999?

Yes — 35 record closing highs, the last at 11,497 on December 31, 1999.

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.