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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%.

Change in 1959
+8.5%
55.21 → 59.89
High
60.71
Aug 3
Low
53.58
Feb 9
After inflation
+6.6%
US CPI
Up days
136 of 253
longest run 10 up, 5 down
Record highs
27
closing records

S&P 500, daily closes 1959

Numbers mark the events below
545760previous recordJanFebMarAprMayJunJulAugSepOctNovDec2Jan 2: S&P 500 sets the first of 27 record closing highs this year, at 55.44.3Feb 19: Biggest one-day rise of the year: +2.2%.4Jul 7: S&P 500 closes above 60 for the first time (60.01).5Jul 15: About 500,000 US steelworkers go on strike, beginning the 116-day steel strike.6Aug 3: Last record close of the year: 60.71.7Aug 10: Biggest one-day fall of the year: −2.1%.

Key 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. 1
    Thursday, January 1
    Fulgencio Batista flees Cuba as the Cuban Revolution succeeds. Source
    S&P 500: +0.4% next trading day (Jan 2) · +0.4% a month later
  2. 2
    Friday, January 2 From the data
    S&P 500 sets the first of 27 record closing highs this year, at 55.44.
  3. 3
    Thursday, February 19 From the data
    Biggest one-day rise of the year: +2.2%.
  4. 4
    Tuesday, July 7 From the data
    S&P 500 closes above 60 for the first time (60.01).
  5. 5
    Wednesday, July 15
    About 500,000 US steelworkers go on strike, beginning the 116-day steel strike. Source
    S&P 500: +0.1% that day · −0.5% a month later
  6. 6
    Monday, August 3 From the data
    Last record close of the year: 60.71.
  7. 7
    Monday, August 10 From the data
    Biggest one-day fall of the year: −2.1%.

Biggest days of 1959

Best daysWorst 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

MonthCloseChangeHighLow
Jan55.45+0.4%56.0454.89
Feb55.41−0.1%55.5253.58
Mar55.44+0.1%56.6755.44
Apr57.59+3.9%58.1755.69
May58.68+1.9%58.6856.88
Jun58.47−0.4%58.6356.36
Jul60.51+3.5%60.6258.91
Aug59.60−1.5%60.7158.27
Sep56.88−4.6%58.9255.14
Oct57.52+1.1%57.5256.00
Nov58.28+1.3%58.2856.22
Dec59.89+2.8%59.8958.60

Other Markets in 1959

Change over the calendar year.

MarketChangeYear-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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APA 7
Corgano. (2026, October 31). S&P 500 in 1959. Corgano Gold Price. Retrieved October 31, 2026, from https://goldprice.corgano.com/market-history/sp-500/1959
MLA 9
“S&P 500 in 1959.” Corgano Gold Price, goldprice.corgano.com/market-history/sp-500/1959. Accessed 31 Oct. 2026.
Chicago
Corgano. “S&P 500 in 1959.” Corgano Gold Price. Accessed October 31, 2026. https://goldprice.corgano.com/market-history/sp-500/1959.
BibTeX
@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}}
Link
S&P 500 in 1959 — Corgano Gold Price: https://goldprice.corgano.com/market-history/sp-500/1959