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Dow Jones in 1914

The Dow Jones Industrial Average fell 30.7% in 1914, from 78.78 at the end of 1913 to 54.58. Its highest close was 83.43 on Mar 20, and its lowest 53.17 on Dec 24. The biggest one-day fall was −6.9% on Jul 30 and the biggest rise +3.9% on Dec 14. Adjusted for inflation, it lost 31.4%.

Change in 1914
−30.7%
78.78 → 54.58
High
83.43
Mar 20
Low
53.17
Dec 24
After inflation
−31.4%
US CPI
Up days
94 of 191
longest run 7 up, 8 down
Below record
-47.0%
at the end of 1914

Dow Jones, daily closes 1914

Numbers mark the events below
566881JanMarMayJul1Jun 28: Archduke Franz Ferdinand is assassinated in Sarajevo.2Jul 28: Austria-Hungary declares war on Serbia.3Jul 30: Biggest one-day fall of the year: −6.9%.4Jul 31: The New York Stock Exchange closes due to the outbreak of war in Europe.5Aug 4: Britain declares war on Germany; the US declares neutrality.6Aug 15: The Panama Canal opens with the passage of the SS Ancon.7Nov 28: The New York Stock Exchange reopens for bond trading only.8Dec 12: The New York Stock Exchange reopens for stock trading.9Dec 14: Biggest one-day rise of the year: +3.9%.10Dec 24: Bear market low: 53.17, 43.5% below the peak.

Key Events in 1914

What happened, and how the Dow Jones moved — on the day (or the next trading day) and about a month later.

  1. 1
    Sunday, June 28
    Archduke Franz Ferdinand is assassinated in Sarajevo. Source
    Dow Jones: −0.1% next trading day (Jun 29) · +0.5% a month later
  2. 2
    Tuesday, July 28
    Austria-Hungary declares war on Serbia. Source
    Dow Jones: −3.5% that day
  3. 3
    Thursday, July 30 From the data
    Biggest one-day fall of the year: −6.9%.
  4. 4
    Friday, July 31
    The New York Stock Exchange closes due to the outbreak of war in Europe. Source
  5. 5
    Tuesday, August 4
    Britain declares war on Germany; the US declares neutrality. Source
  6. 6
    Saturday, August 15
    The Panama Canal opens with the passage of the SS Ancon. Source
  7. 7
    Saturday, November 28
    The New York Stock Exchange reopens for bond trading only. Source
  8. 8
    Saturday, December 12
    The New York Stock Exchange reopens for stock trading. Source
  9. 9
    Monday, December 14 From the data
    Biggest one-day rise of the year: +3.9%.
  10. 10
    Thursday, December 24 From the data
    Bear market low: 53.17, 43.5% below the peak.

Biggest days of 1914

Best daysWorst days
Dec 14+3.9%Jul 30−6.9%
Dec 28+2.3%Jul 28−3.5%
Jan 30+1.3%Dec 15−3.0%
Jan 14+1.3%Dec 23−1.8%
May 1+1.3%Apr 24−1.5%

Volatility: 13.9% (annualised standard deviation of daily changes).

Month by month

MonthCloseChangeHighLow
Jan82.85+5.2%82.8878.43
Feb82.26−0.7%83.1981.31
Mar82.39+0.2%83.4381.12
Apr79.12−4.0%82.4776.97
May81.57+3.1%81.6679.16
Jun80.66−1.1%81.8479.30
Jul71.42−11.5%81.7971.42
Dec54.58−23.6%56.7653.17

Dow Jones in 1914: FAQ

How much did the Dow Jones Industrial Average fall in 1914?

The Dow Jones Industrial Average fell 30.7% in 1914, from 78.78 at the end of 1913 to 54.58. Its highest close was 83.43 on Mar 20, and its lowest 53.17 on Dec 24. The biggest one-day fall was −6.9% on Jul 30 and the biggest rise +3.9% on Dec 14. Adjusted for inflation, it lost 31.4%.

What were the highest and lowest closes of the Dow Jones Industrial Average in 1914?

Highest: 83.43 on March 20, 1914. Lowest: 53.17 on December 24, 1914. It closed higher on 94 of 191 trading days.

What happened to the Dow Jones Industrial Average on July 28, 1914?

Austria-Hungary declares war on Serbia. The Dow Jones Industrial Average fell 3.5% that day.

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.

Cite this page

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APA 7
Corgano. (2026, November 1). Dow Jones in 1914. Corgano Gold Price. Retrieved November 1, 2026, from https://goldprice.corgano.com/market-history/dow-jones/1914
MLA 9
“Dow Jones in 1914.” Corgano Gold Price, goldprice.corgano.com/market-history/dow-jones/1914. Accessed 1 Nov. 2026.
Chicago
Corgano. “Dow Jones in 1914.” Corgano Gold Price. Accessed November 1, 2026. https://goldprice.corgano.com/market-history/dow-jones/1914.
BibTeX
@misc{corgano2026dowjonesin1914, author = {{Corgano}}, title = {Dow Jones in 1914}, howpublished = {\url{https://goldprice.corgano.com/market-history/dow-jones/1914}}, year = {2026}, note = {Corgano Gold Price, accessed 2026-11-01}}
Link
Dow Jones in 1914 — Corgano Gold Price: https://goldprice.corgano.com/market-history/dow-jones/1914