Dow Jones in 1922

The Dow Jones Industrial Average rose 21.7% in 1922, from 81.10 at the end of 1921 to 98.73. Its highest close was 103.43 on Oct 14, and its lowest 78.59 on Jan 10. The biggest one-day fall was −2.7% on Jan 3 and the biggest rise +2.4% on Nov 2. Adjusted for inflation, it gained 24.6%.

Change in 1922

+21.7%

81.10 → 98.73

High

103.43

Oct 14

Low

78.59

Jan 10

After inflation

+24.6%

US CPI

Up days

166 of 300

longest run 7 up, 8 down

Below record

-17.5%

at the end of 1922

Dow Jones, daily closes 1922

Numbers mark the events below

Key Events in 1922

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

1
Tuesday, January 3 From the data

Biggest one-day fall of the year: −2.7%.
2
Monday, February 6

The Washington Naval Treaty is concluded, limiting naval arms. Source

Dow Jones: +0.1% that day · +3.4% a month later
3
Thursday, September 21

President Harding signs the Fordney-McCumber Tariff Act. Source

Dow Jones: −1.8% that day · +2.6% a month later
4
Thursday, November 2 From the data

Biggest one-day rise of the year: +2.4%.

Biggest days of 1922

Best days		Worst days
Nov 2	+2.4%	Jan 3	−2.7%
Nov 28	+2.0%	Jun 12	−2.7%
Jan 11	+1.8%	Feb 25	−2.2%
Dec 6	+1.8%	Jun 15	−2.0%
Oct 9	+1.8%	Nov 14	−1.8%

Volatility: 12.8% (annualised standard deviation of daily changes).

Month by month

Month	Close	Change	High	Low
Jan	81.30	+0.2%	82.95	78.59
Feb	85.46	+5.1%	85.81	81.68
Mar	89.05	+4.2%	89.05	85.33
Apr	92.74	+4.1%	93.46	89.08
May	95.63	+3.1%	96.41	91.50
Jun	92.93	−2.8%	96.36	90.73
Jul	97.05	+4.4%	97.05	92.90
Aug	100.78	+3.8%	100.78	96.21
Sep	96.30	−4.4%	102.05	96.30
Oct	96.11	−0.2%	103.43	96.11
Nov	94.65	−1.5%	99.53	92.03
Dec	98.73	+4.3%	99.22	95.03

1920 1921 1922 1923 1924 1925 1926 1927 1928 1929

Dow Jones in 1922: FAQ

How much did the Dow Jones Industrial Average rise in 1922?

What were the highest and lowest closes of the Dow Jones Industrial Average in 1922?

Highest: 103.43 on October 14, 1922. Lowest: 78.59 on January 10, 1922. It closed higher on 166 of 300 trading days.

What happened to the Dow Jones Industrial Average on September 21, 1922?

President Harding signs the Fordney-McCumber Tariff Act. The Dow Jones Industrial Average fell 1.8% that day, and was +2.6% a month later.

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 1922. Corgano Gold Price. Retrieved November 1, 2026, from https://goldprice.corgano.com/market-history/dow-jones/1922

MLA 9

“Dow Jones in 1922.” Corgano Gold Price, goldprice.corgano.com/market-history/dow-jones/1922. Accessed 1 Nov. 2026.

Chicago

Corgano. “Dow Jones in 1922.” Corgano Gold Price. Accessed November 1, 2026. https://goldprice.corgano.com/market-history/dow-jones/1922.

BibTeX

@misc{corgano2026dowjonesin1922, author = {{Corgano}}, title = {Dow Jones in 1922}, howpublished = {\url{https://goldprice.corgano.com/market-history/dow-jones/1922}}, year = {2026}, note = {Corgano Gold Price, accessed 2026-11-01}}

Link

Dow Jones in 1922 — Corgano Gold Price: https://goldprice.corgano.com/market-history/dow-jones/1922