S&P 500 in 2025
The S&P 500 rose 16.4% in 2025, from 5,881.63 at the end of 2024 to 6,845.50. Its highest close was 6,932.05 on Dec 24 — a record that stood until January 6, 2026, and its lowest 4,982.77 on Apr 8. The biggest one-day fall was −6.0% on Apr 4 and the biggest rise +9.5% on Apr 9. Adjusted for inflation, it gained 13.4%.
S&P 500, daily closes 2025
Numbers mark the events belowKey Events in 2025
What happened, and how the S&P 500 moved — on the day (or the next trading day) and about a month later.
- 1
Thursday, January 23 From the datasets the first of 39 record closing highs this year, at 6,118.71.
- 2
Wednesday, April 2President Trump announces broad "Liberation Day" tariffs on US imports. SourceS&P 500: +0.7% that day · −0.5% a month later
- 3
Friday, April 4 From the dataBiggest one-day fall of the year: −6.0%.
- 4
Wednesday, April 9Trump pauses tariffs above 10% for 90 days for most countries; the S&P 500 posts its largest gain since 2008. SourceS&P 500: +9.5% that day · +13.7% a month later
- 5
Wednesday, December 24 From the dataLast record close of the year: 6,932.05.
Biggest days of 2025
| Best days | Worst days | ||
|---|---|---|---|
| Apr 9 | +9.5% | Apr 4 | −6.0% |
| May 12 | +3.3% | Apr 3 | −4.8% |
| Apr 22 | +2.5% | Apr 10 | −3.5% |
| Mar 14 | +2.1% | Oct 10 | −2.7% |
| May 27 | +2.0% | Mar 10 | −2.7% |
Volatility: 18.8% (annualised standard deviation of daily changes).
Month by month
| Month | Close | Change |
|---|---|---|
| Jan | 6,040.53 | +2.7% |
| Feb | 5,954.50 | −1.4% |
| Mar | 5,611.85 | −5.8% |
| Apr | 5,569.06 | −0.8% |
| May | 5,911.69 | +6.2% |
| Jun | 6,204.95 | +5.0% |
| Jul | 6,339.39 | +2.2% |
| Aug | 6,460.26 | +1.9% |
| Sep | 6,688.46 | +3.5% |
| Oct | 6,840.20 | +2.3% |
| Nov | 6,849.09 | +0.1% |
| Dec | 6,845.50 | −0.1% |
Other Markets in 2025
Change over the calendar year.
| Market | Change | Year-end |
|---|---|---|
| S&P 500 | +16.4% | 6,845.50 |
| Dow Jones Industrial Average in 2025 | +13.0% | 48,063.29 |
| Nasdaq Composite in 2025 | +20.4% | 23,241.99 |
| Russell 2000 in 2025 | +11.3% | 2,481.91 |
| Nikkei 225 in 2025 | +26.2% | 50,339.48 |
| Gold in 2025 | +64.4% | $4,341.10 |
| Silver in 2025 | +142.3% | $70.13 |
| WTI crude oil in 2025 | −19.9% | $57.42 |
| Brent crude oil in 2025 | −18.5% | $60.85 |
| US 10-year Treasury yield in 2025 | −0.41 pp | 4.16% |
S&P 500 in 2025: FAQ
How much did the S&P 500 rise in 2025?
The S&P 500 rose 16.4% in 2025, from 5,881.63 at the end of 2024 to 6,845.50. Its highest close was 6,932.05 on Dec 24 — a record that stood until January 6, 2026, and its lowest 4,982.77 on Apr 8. The biggest one-day fall was −6.0% on Apr 4 and the biggest rise +9.5% on Apr 9. Adjusted for inflation, it gained 13.4%.
What were the highest and lowest closes of the S&P 500 in 2025?
Highest: 6,932.05 on December 24, 2025. Lowest: 4,982.77 on April 8, 2025. It closed higher on 144 of 250 trading days.
What happened to the S&P 500 on April 9, 2025?
Trump pauses tariffs above 10% for 90 days for most countries; the S&P 500 posts its largest gain since 2008. The S&P 500 rose 9.5% that day, and was +13.7% a month later.
Did the S&P 500 reach a record high in 2025?
Yes — 39 record closing highs, the last at 6,932.05 on December 24, 2025.
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.