S&P 500 in 1999

The S&P 500 rose 19.5% in 1999, from 1,229.23 at the end of 1998 to 1,469.25. Its highest close was 1,469.25 on Dec 31 — a record that stood until March 21, 2000, and its lowest 1,212.19 on Jan 14. The biggest one-day fall was −2.8% on Oct 15 and the biggest rise +3.5% on Oct 28. Adjusted for inflation, it gained 16.4%.

Change in 1999

+19.5%

1,229.23 → 1,469.25

High

1,469.25

Dec 31

Low

1,212.19

Jan 14

After inflation

+16.4%

US CPI

Up days

129 of 252

longest run 6 up, 6 down

Record highs

closing records

S&P 500, daily closes 1999

Numbers mark the events below

Key Events in 1999

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

1
Tuesday, January 5 From the data

S&P 500 sets the first of 35 record closing highs this year, at 1,244.78.
2
Friday, October 15 From the data

Biggest one-day fall of the year: −2.8%.
3
Thursday, October 28 From the data

Biggest one-day rise of the year: +3.5%.
4
Friday, November 12

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

S&P 500: +1.1% that day · +2.4% a month later
5
Friday, December 31 From the data

Last record close of the year: 1,469.25.

Biggest days of 1999

Best days		Worst days
Oct 28	+3.5%	Oct 15	−2.8%
Sep 3	+2.9%	Mar 23	−2.7%
Feb 22	+2.7%	Sep 23	−2.3%
Jan 15	+2.6%	Apr 19	−2.2%
Feb 11	+2.5%	Feb 9	−2.2%

Volatility: 18.1% (annualised standard deviation of daily changes).

Month by month

Month	Close	Change	High	Low
Jan	1,279.64	+4.1%	1,279.64	1,212.19
Feb	1,238.33	−3.2%	1,273.00	1,216.14
Mar	1,286.37	+3.9%	1,316.55	1,225.50
Apr	1,335.18	+3.8%	1,362.80	1,289.48
May	1,301.84	−2.5%	1,367.56	1,281.41
Jun	1,372.71	+5.4%	1,372.71	1,293.64
Jul	1,328.72	−3.2%	1,418.78	1,328.72
Aug	1,320.41	−0.6%	1,381.79	1,281.43
Sep	1,282.71	−2.9%	1,357.24	1,268.37
Oct	1,362.93	+6.3%	1,362.93	1,247.41
Nov	1,388.91	+1.9%	1,424.94	1,347.74
Dec	1,469.25	+5.8%	1,469.25	1,397.72

Other Markets in 1999

Change over the calendar year.

Market	Change	Year-end
S&P 500	+19.5%	1,469.25
Dow Jones Industrial Average in 1999	+25.2%	11,497.12
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

S&P 500 in 1999: FAQ

How much did the S&P 500 rise in 1999?

What were the highest and lowest closes of the S&P 500 in 1999?

Highest: 1,469.25 on December 31, 1999. Lowest: 1,212.19 on January 14, 1999. It closed higher on 129 of 252 trading days.

What happened to the S&P 500 on November 12, 1999?

Gramm-Leach-Bliley Act is signed, repealing Glass-Steagall limits on combining banking and securities. The S&P 500 rose 1.1% that day, and was +2.4% a month later.

Did the S&P 500 reach a record high in 1999?

Yes — 35 record closing highs, the last at 1,469.25 on December 31, 1999.

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.