Dow Jones in 2003
The Dow Jones Industrial Average rose 25.3% in 2003, from 8,341.63 at the end of 2002 to 10,454. Its highest close was 10,454 on Dec 31, and its lowest 7,524.06 on Mar 11. The biggest one-day fall was −3.6% on Mar 24 and the biggest rise +3.6% on Mar 17. Adjusted for inflation, it gained 23.0%.
Dow Jones, daily closes 2003
Numbers mark the events belowKey Events in 2003
What happened, and how the Dow Jones moved — on the day (or the next trading day) and about a month later.
- 1
Monday, March 17 From the dataBiggest one-day rise of the year: +3.6%.
- 2
Thursday, March 20US-led coalition invades Iraq. SourceDow Jones: +0.3% that day · +0.9% a month later
- 3
Monday, March 24 From the dataBiggest one-day fall of the year: −3.6%.
- 4
Wednesday, May 28Jobs and Growth Tax Relief Reconciliation Act is signed, cutting taxes on dividends and capital gains to 15%. SourceDow Jones: +0.1% that day · +2.6% a month later
Biggest days of 2003
| Best days | Worst days | ||
|---|---|---|---|
| Mar 17 | +3.6% | Mar 24 | −3.6% |
| Mar 13 | +3.6% | Jan 24 | −2.8% |
| Jan 2 | +3.2% | Mar 10 | −2.2% |
| Mar 21 | +2.8% | May 19 | −2.1% |
| Apr 2 | +2.7% | Jan 30 | −2.0% |
Volatility: 16.6% (annualised standard deviation of daily changes).
Month by month
| Month | Close | Change |
|---|---|---|
| Jan | 8,053.81 | −3.5% |
| Feb | 7,891.08 | −2.0% |
| Mar | 7,992.13 | +1.3% |
| Apr | 8,480.09 | +6.1% |
| May | 8,850.26 | +4.4% |
| Jun | 8,985.44 | +1.5% |
| Jul | 9,233.80 | +2.8% |
| Aug | 9,415.82 | +2.0% |
| Sep | 9,275.06 | −1.5% |
| Oct | 9,801.12 | +5.7% |
| Nov | 9,782.46 | −0.2% |
| Dec | 10,454 | +6.9% |
Other Markets in 2003
Change over the calendar year.
| Market | Change | Year-end |
|---|---|---|
| Dow Jones | +25.3% | 10,454 |
| S&P 500 in 2003 | +26.4% | 1,111.92 |
| Nasdaq Composite in 2003 | +50.0% | 2,003.37 |
| Russell 2000 in 2003 | +45.4% | 556.91 |
| Nikkei 225 in 2003 | +24.5% | 10,676.64 |
| Gold in 2003 | +19.9% | $416.25 |
| Silver in 2003 | +27.8% | $5.97 |
| WTI crude oil in 2003 | +4.2% | $32.51 |
| Brent crude oil in 2003 | +0.6% | $30.30 |
| US 10-year Treasury yield in 2003 | +0.44 pp | 4.27% |
Dow Jones in 2003: FAQ
How much did the Dow Jones Industrial Average rise in 2003?
The Dow Jones Industrial Average rose 25.3% in 2003, from 8,341.63 at the end of 2002 to 10,454. Its highest close was 10,454 on Dec 31, and its lowest 7,524.06 on Mar 11. The biggest one-day fall was −3.6% on Mar 24 and the biggest rise +3.6% on Mar 17. Adjusted for inflation, it gained 23.0%.
What were the highest and lowest closes of the Dow Jones Industrial Average in 2003?
Highest: 10,454 on December 31, 2003. Lowest: 7,524.06 on March 11, 2003. It closed higher on 139 of 252 trading days.
What happened to the Dow Jones Industrial Average on March 20, 2003?
US-led coalition invades Iraq. The Dow Jones Industrial Average rose 0.3% that day, and was +0.9% 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.