S&P 500 in 1977
The S&P 500 fell 11.5% in 1977, from 107.46 at the end of 1976 to 95.10. Its highest close was 107.00 on Jan 3, and its lowest 90.71 on Nov 2. The biggest one-day fall was −1.6% on Jul 27 and the biggest rise +1.9% on Nov 10. Adjusted for inflation, it lost 17.1%.
S&P 500, daily closes 1977
Numbers mark the events belowKey Events in 1977
What happened, and how the S&P 500 moved — on the day (or the next trading day) and about a month later.
- 1
Thursday, July 14NYSE stays closed for the day after the New York City blackout. SourceS&P 500: +0.6% next trading day (Jul 15) · −1.7% a month later
- 2
Wednesday, July 27 From the dataBiggest one-day fall of the year: −1.6%.
- 3
Thursday, November 10 From the dataBiggest one-day rise of the year: +1.9%.
Biggest days of 1977
| Best days | Worst days | ||
|---|---|---|---|
| Nov 10 | +1.9% | Jul 27 | −1.6% |
| Nov 11 | +1.3% | Nov 29 | −1.6% |
| Apr 12 | +1.3% | Dec 6 | −1.5% |
| Oct 26 | +1.2% | Apr 22 | −1.3% |
| Jun 14 | +1.1% | Apr 25 | −1.3% |
Volatility: 9.1% (annualised standard deviation of daily changes).
Month by month
| Month | Close | Change |
|---|---|---|
| Jan | 102.03 | −5.1% |
| Feb | 99.82 | −2.2% |
| Mar | 98.42 | −1.4% |
| Apr | 98.44 | 0.0% |
| May | 96.12 | −2.4% |
| Jun | 100.48 | +4.5% |
| Jul | 98.85 | −1.6% |
| Aug | 96.77 | −2.1% |
| Sep | 96.53 | −0.2% |
| Oct | 92.34 | −4.3% |
| Nov | 94.83 | +2.7% |
| Dec | 95.10 | +0.3% |
Other Markets in 1977
Change over the calendar year.
| Market | Change | Year-end |
|---|---|---|
| S&P 500 | −11.5% | 95.10 |
| Dow Jones Industrial Average in 1977 | −17.3% | 831.17 |
| Nasdaq Composite in 1977 | +7.3% | 105.05 |
| Gold in 1977 | +22.6% | $164.95 |
| Silver in 1977 | +9.2% | $4.76 |
| US 10-year Treasury yield in 1977 | +0.97 pp | 7.78% |
S&P 500 in 1977: FAQ
How much did the S&P 500 fall in 1977?
The S&P 500 fell 11.5% in 1977, from 107.46 at the end of 1976 to 95.10. Its highest close was 107.00 on Jan 3, and its lowest 90.71 on Nov 2. The biggest one-day fall was −1.6% on Jul 27 and the biggest rise +1.9% on Nov 10. Adjusted for inflation, it lost 17.1%.
What were the highest and lowest closes of the S&P 500 in 1977?
Highest: 107.00 on January 3, 1977. Lowest: 90.71 on November 2, 1977. It closed higher on 118 of 252 trading days.
What happened to the S&P 500 on July 14, 1977?
NYSE stays closed for the day after the New York City blackout. The S&P 500 rose 0.6% on the next trading day (July 15, 1977), and was −1.7% a month later.
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.
Cite this page
For essays, articles and research. Prices on this page update daily, so the citations include today's date as the date you accessed it.
@misc{corgano2026sp500in1977, author = {{Corgano}}, title = {S&P 500 in 1977}, howpublished = {\url{https://goldprice.corgano.com/market-history/sp-500/1977}}, year = {2026}, note = {Corgano Gold Price, accessed 2026-10-31}}