S&P 500 in 1993

The S&P 500 rose 7.1% in 1993, from 435.71 at the end of 1992 to 466.45. Its highest close was 470.94 on Dec 28 — a record that stood until January 10, 1994, and its lowest 429.05 on Jan 8. The biggest one-day fall was −2.4% on Feb 16 and the biggest rise +1.9% on Mar 8. Adjusted for inflation, it gained 4.2%.

Change in 1993

+7.1%

435.71 → 466.45

High

470.94

Dec 28

Low

429.05

Jan 8

After inflation

+4.2%

US CPI

Up days

130 of 253

longest run 7 up, 6 down

Record highs

closing records

S&P 500, daily closes 1993

Numbers mark the events below

Key Events in 1993

What happened, and how the S&P 500 moved — on the day (or the next trading day) and about a month later.

1
Friday, January 22

State Street launches the SPDR S&P 500 Trust (SPY), an exchange-traded fund tracking the S&P 500. Source

S&P 500: +0.1% that day · −0.1% a month later
2
Monday, February 1 From the data

sets the first of 16 record closing highs this year, at 442.52.
3
Tuesday, February 16 From the data

Biggest one-day fall of the year: −2.4%.
4
Monday, March 8 From the data

Biggest one-day rise of the year: +1.9%.
5
Wednesday, December 8

President Clinton signs the North American Free Trade Agreement Implementation Act. Source

S&P 500: −0.1% that day · +0.1% a month later
6
Tuesday, December 28 From the data

Last record close of the year: 470.94.

Biggest days of 1993

Best days		Worst days
Mar 8	+1.9%	Feb 16	−2.4%
May 19	+1.6%	Apr 2	−2.0%
Apr 12	+1.5%	May 13	−1.3%
Feb 24	+1.4%	Nov 4	−1.2%
Mar 2	+1.3%	Nov 3	−1.2%

Volatility: 8.6% (annualised standard deviation of daily changes).

Month by month

Month	Close	Change	High	Low
Jan	438.78	+0.7%	440.01	429.05
Feb	443.38	+1.0%	449.56	431.90
Mar	451.67	+1.9%	456.33	442.01
Apr	440.19	−2.5%	450.30	433.54
May	450.19	+2.3%	453.44	439.23
Jun	450.53	+0.1%	453.85	443.19
Jul	448.13	−0.5%	450.24	441.43
Aug	463.56	+3.4%	463.56	448.13
Sep	458.93	−1.0%	463.15	452.95
Oct	467.83	+1.9%	469.50	459.18
Nov	461.79	−1.3%	469.10	457.49
Dec	466.45	+1.0%	470.94	461.84

Other Markets in 1993

Change over the calendar year.

Market	Change	Year-end
S&P 500	+7.1%	466.45
Dow Jones Industrial Average in 1993	+13.7%	3,754.09
Nasdaq Composite in 1993	+14.7%	776.80
Russell 2000 in 1993	+17.0%	258.59
Nikkei 225 in 1993	+2.9%	17,417.00
Gold in 1993	+17.7%	$391.75
Silver in 1993	+39.4%	$5.12
WTI crude oil in 1993	−27.2%	$14.19
Brent crude oil in 1993	−26.2%	$13.18
US 10-year Treasury yield in 1993	−0.87 pp	5.83%

1990 1991 1992 1993 1994 1995 1996 1997 1998 1999

S&P 500 in 1993: FAQ

How much did the S&P 500 rise in 1993?

What were the highest and lowest closes of the S&P 500 in 1993?

Highest: 470.94 on December 28, 1993. Lowest: 429.05 on January 8, 1993. It closed higher on 130 of 253 trading days.

What happened to the S&P 500 on January 22, 1993?

State Street launches the SPDR S&P 500 Trust (SPY), an exchange-traded fund tracking the S&P 500. The S&P 500 rose 0.1% that day, and was −0.1% a month later.

Did the S&P 500 reach a record high in 1993?

Yes — 16 record closing highs, the last at 470.94 on December 28, 1993.

Data: Daily closes since 1950 (price index, excluding dividends). 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.