S&P 500 in 2003
The S&P 500 rose 26.4% in 2003, from 879.82 at the end of 2002 to 1,111.92. Its highest close was 1,111.92 on Dec 31, and its lowest 800.73 on Mar 11. The biggest one-day fall was −3.5% on Mar 24 and the biggest rise +3.5% on Mar 17. Adjusted for inflation, it gained 24.0%.
S&P 500, daily closes 2003
Numbers mark the events belowKey Events in 2003
What happened, and how the S&P 500 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: +3.5%.
- 2
Thursday, March 20US-led coalition invades Iraq. SourceS&P 500: +0.2% that day · +2.2% a month later
- 3
Monday, March 24 From the dataBiggest one-day fall of the year: −3.5%.
- 4
Wednesday, May 28Jobs and Growth Tax Relief Reconciliation Act is signed, cutting taxes on dividends and capital gains to 15%. SourceS&P 500: +0.2% that day · +2.5% a month later
Biggest days of 2003
| Best days | Worst days | ||
|---|---|---|---|
| Mar 17 | +3.5% | Mar 24 | −3.5% |
| Mar 13 | +3.4% | Jan 24 | −2.9% |
| Jan 2 | +3.3% | Mar 10 | −2.6% |
| Apr 2 | +2.6% | May 19 | −2.5% |
| Mar 21 | +2.3% | Jan 30 | −2.3% |
Volatility: 17.1% (annualised standard deviation of daily changes).
Month by month
| Month | Close | Change |
|---|---|---|
| Jan | 855.70 | −2.7% |
| Feb | 841.15 | −1.7% |
| Mar | 848.18 | +0.8% |
| Apr | 916.92 | +8.1% |
| May | 963.59 | +5.1% |
| Jun | 974.50 | +1.1% |
| Jul | 990.31 | +1.6% |
| Aug | 1,008.01 | +1.8% |
| Sep | 995.97 | −1.2% |
| Oct | 1,050.71 | +5.5% |
| Nov | 1,058.20 | +0.7% |
| Dec | 1,111.92 | +5.1% |
Other Markets in 2003
Change over the calendar year.
| Market | Change | Year-end |
|---|---|---|
| S&P 500 | +26.4% | 1,111.92 |
| Dow Jones Industrial Average in 2003 | +25.3% | 10,453.92 |
| 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% |
S&P 500 in 2003: FAQ
How much did the S&P 500 rise in 2003?
The S&P 500 rose 26.4% in 2003, from 879.82 at the end of 2002 to 1,111.92. Its highest close was 1,111.92 on Dec 31, and its lowest 800.73 on Mar 11. The biggest one-day fall was −3.5% on Mar 24 and the biggest rise +3.5% on Mar 17. Adjusted for inflation, it gained 24.0%.
What were the highest and lowest closes of the S&P 500 in 2003?
Highest: 1,111.92 on December 31, 2003. Lowest: 800.73 on March 11, 2003. It closed higher on 137 of 252 trading days.
What happened to the S&P 500 on March 20, 2003?
US-led coalition invades Iraq. The S&P 500 rose 0.2% that day, and was +2.2% a month later.
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.