S&P 500 in 1984
The S&P 500 rose 1.4% in 1984, from 164.93 at the end of 1983 to 167.24. Its highest close was 170.41 on Nov 6, and its lowest 147.82 on Jul 24. The biggest one-day fall was −1.8% on Feb 8 and the biggest rise +2.8% on Aug 3. Adjusted for inflation, it lost 2.5%.
S&P 500, daily closes 1984
Numbers mark the events belowKey Events in 1984
What happened, and how the S&P 500 moved — on the day (or the next trading day) and about a month later.
- 1
Sunday, January 1The court-ordered breakup of the Bell System (AT&T) takes effect. SourceS&P 500: −0.5% next trading day (Jan 3) · −0.9% a month later
- 2
Wednesday, February 8 From the dataBiggest one-day fall of the year: −1.8%.
- 3
Thursday, May 17FDIC, Fed and OCC announce temporary assistance for Continental Illinois, ending the run on the bank. SourceS&P 500: −0.9% that day · −5.7% a month later
- 4
Friday, August 3 From the dataBiggest one-day rise of the year: +2.8%.
- 5
Tuesday, November 6Ronald Reagan is re-elected US president. SourceS&P 500: +1.1% that day · −3.8% a month later
Biggest days of 1984
| Best days | Worst days | ||
|---|---|---|---|
| Aug 3 | +2.8% | Feb 8 | −1.8% |
| Dec 18 | +2.8% | Feb 6 | −1.8% |
| Aug 2 | +2.5% | Apr 5 | −1.6% |
| Oct 18 | +2.4% | Feb 28 | −1.6% |
| Aug 9 | +2.3% | Jul 11 | −1.5% |
Volatility: 12.7% (annualised standard deviation of daily changes).
Month by month
| Month | Close | Change |
|---|---|---|
| Jan | 163.41 | −0.9% |
| Feb | 157.06 | −3.9% |
| Mar | 159.18 | +1.3% |
| Apr | 160.05 | +0.5% |
| May | 150.55 | −5.9% |
| Jun | 153.18 | +1.7% |
| Jul | 150.66 | −1.6% |
| Aug | 166.68 | +10.6% |
| Sep | 166.10 | −0.3% |
| Oct | 166.09 | 0.0% |
| Nov | 163.58 | −1.5% |
| Dec | 167.24 | +2.2% |
Other Markets in 1984
Change over the calendar year.
| Market | Change | Year-end |
|---|---|---|
| S&P 500 | +1.4% | 167.24 |
| Dow Jones Industrial Average in 1984 | −3.7% | 1,211.57 |
| Nasdaq Composite in 1984 | −11.3% | 247.10 |
| Nikkei 225 in 1984 | +16.7% | 11,543.00 |
| Gold in 1984 | −19.4% | $308.30 |
| Silver in 1984 | −29.4% | $6.29 |
| US 10-year Treasury yield in 1984 | −0.27 pp | 11.55% |
S&P 500 in 1984: FAQ
How much did the S&P 500 rise in 1984?
The S&P 500 rose 1.4% in 1984, from 164.93 at the end of 1983 to 167.24. Its highest close was 170.41 on Nov 6, and its lowest 147.82 on Jul 24. The biggest one-day fall was −1.8% on Feb 8 and the biggest rise +2.8% on Aug 3. Adjusted for inflation, it lost 2.5%.
What were the highest and lowest closes of the S&P 500 in 1984?
Highest: 170.41 on November 6, 1984. Lowest: 147.82 on July 24, 1984. It closed higher on 113 of 253 trading days.
What happened to the S&P 500 on November 6, 1984?
Ronald Reagan is re-elected US president. The S&P 500 rose 1.1% that day, and was −3.8% 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{corgano2026sp500in1984, author = {{Corgano}}, title = {S&P 500 in 1984}, howpublished = {\url{https://goldprice.corgano.com/market-history/sp-500/1984}}, year = {2026}, note = {Corgano Gold Price, accessed 2026-11-01}}