S&P 500 in 1959
The S&P 500 rose 8.5% in 1959, from 55.21 at the end of 1958 to 59.89. Its highest close was 60.71 on Aug 3 — a record that stood until January 27, 1961, and its lowest 53.58 on Feb 9. The biggest one-day fall was −2.1% on Aug 10 and the biggest rise +2.2% on Feb 19. Adjusted for inflation, it gained 6.6%.
S&P 500, daily closes 1959
Numbers mark the events belowKey Events in 1959
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 1Fulgencio Batista flees Cuba as the Cuban Revolution succeeds. SourceS&P 500: +0.4% next trading day (Jan 2) · +0.4% a month later
- 2
Friday, January 2 From the dataS&P 500 sets the first of 27 record closing highs this year, at 55.44.
- 3
Thursday, February 19 From the dataBiggest one-day rise of the year: +2.2%.
- 4
Tuesday, July 7 From the dataS&P 500 closes above 60 for the first time (60.01).
- 5
Wednesday, July 15About 500,000 US steelworkers go on strike, beginning the 116-day steel strike. SourceS&P 500: +0.1% that day · −0.5% a month later
- 6
Monday, August 3 From the dataLast record close of the year: 60.71.
- 7
Monday, August 10 From the dataBiggest one-day fall of the year: −2.1%.
Biggest days of 1959
| Best days | Worst days | ||
|---|---|---|---|
| Feb 19 | +2.2% | Aug 10 | −2.1% |
| Sep 24 | +1.7% | Sep 21 | −1.6% |
| Aug 20 | +1.5% | Feb 9 | −1.5% |
| Jun 10 | +1.5% | Sep 8 | −1.4% |
| Feb 10 | +1.4% | Jun 8 | −1.3% |
Volatility: 9.4% (annualised standard deviation of daily changes).
Month by month
| Month | Close | Change |
|---|---|---|
| Jan | 55.45 | +0.4% |
| Feb | 55.41 | −0.1% |
| Mar | 55.44 | +0.1% |
| Apr | 57.59 | +3.9% |
| May | 58.68 | +1.9% |
| Jun | 58.47 | −0.4% |
| Jul | 60.51 | +3.5% |
| Aug | 59.60 | −1.5% |
| Sep | 56.88 | −4.6% |
| Oct | 57.52 | +1.1% |
| Nov | 58.28 | +1.3% |
| Dec | 59.89 | +2.8% |
Other Markets in 1959
Change over the calendar year.
| Market | Change | Year-end |
|---|---|---|
| S&P 500 | +8.5% | 59.89 |
| Dow Jones Industrial Average in 1959 | +16.4% | 679.36 |
S&P 500 in 1959: FAQ
How much did the S&P 500 rise in 1959?
The S&P 500 rose 8.5% in 1959, from 55.21 at the end of 1958 to 59.89. Its highest close was 60.71 on Aug 3 — a record that stood until January 27, 1961, and its lowest 53.58 on Feb 9. The biggest one-day fall was −2.1% on Aug 10 and the biggest rise +2.2% on Feb 19. Adjusted for inflation, it gained 6.6%.
What were the highest and lowest closes of the S&P 500 in 1959?
Highest: 60.71 on August 3, 1959. Lowest: 53.58 on February 9, 1959. It closed higher on 136 of 253 trading days.
What happened to the S&P 500 on January 1, 1959?
Fulgencio Batista flees Cuba as the Cuban Revolution succeeds. The S&P 500 rose 0.4% on the next trading day (January 2, 1959), and was +0.4% a month later.
Did the S&P 500 reach a record high in 1959?
Yes — 27 record closing highs, the last at 60.71 on August 3, 1959.
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.
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@misc{corgano2026sp500in1959, author = {{Corgano}}, title = {S&P 500 in 1959}, howpublished = {\url{https://goldprice.corgano.com/market-history/sp-500/1959}}, year = {2026}, note = {Corgano Gold Price, accessed 2026-10-31}}