S&P 500 in 2023
The S&P 500 rose 24.2% in 2023, from 3,839.50 at the end of 2022 to 4,769.83. Its highest close was 4,783.35 on Dec 28, and its lowest 3,808.10 on Jan 5. The biggest one-day fall was −2.0% on Feb 21 and the biggest rise +2.3% on Jan 6. Adjusted for inflation, it gained 20.2%.
S&P 500, daily closes 2023
Numbers mark the events belowKey Events in 2023
What happened, and how the S&P 500 moved — on the day (or the next trading day) and about a month later.
- 1
Friday, January 6 From the dataBiggest one-day rise of the year: +2.3%.
- 2
Tuesday, February 21 From the dataBiggest one-day fall of the year: −2.0%.
- 3
Friday, March 10Silicon Valley Bank fails after a bank run and is placed under FDIC receivership. SourceS&P 500: −1.4% that day · +4.9% a month later
- 4
Sunday, March 19UBS agrees to take over Credit Suisse in a deal brokered by the Swiss government. SourceS&P 500: +0.9% next trading day (Mar 20) · +6.1% a month later
- 5
Monday, May 1First Republic Bank is closed by regulators and its assets sold to JPMorgan Chase. SourceS&P 500: 0.0% that day · +0.9% a month later
- 6
Saturday, October 7Hamas launches attacks on Israel, starting the Gaza war. SourceS&P 500: +0.6% next trading day (Oct 9) · +1.3% a month later
Biggest days of 2023
| Best days | Worst days | ||
|---|---|---|---|
| Jan 6 | +2.3% | Feb 21 | −2.0% |
| Apr 27 | +2.0% | Mar 9 | −1.8% |
| Nov 14 | +1.9% | Mar 22 | −1.6% |
| Jan 20 | +1.9% | Sep 21 | −1.6% |
| Nov 2 | +1.9% | Apr 25 | −1.6% |
Volatility: 13.1% (annualised standard deviation of daily changes).
Month by month
| Month | Close | Change |
|---|---|---|
| Jan | 4,076.60 | +6.2% |
| Feb | 3,970.15 | −2.6% |
| Mar | 4,109.31 | +3.5% |
| Apr | 4,169.48 | +1.5% |
| May | 4,179.83 | +0.2% |
| Jun | 4,450.38 | +6.5% |
| Jul | 4,588.96 | +3.1% |
| Aug | 4,507.66 | −1.8% |
| Sep | 4,288.05 | −4.9% |
| Oct | 4,193.80 | −2.2% |
| Nov | 4,567.80 | +8.9% |
| Dec | 4,769.83 | +4.4% |
Other Markets in 2023
Change over the calendar year.
| Market | Change | Year-end |
|---|---|---|
| S&P 500 | +24.2% | 4,769.83 |
| Dow Jones Industrial Average in 2023 | +13.7% | 37,689.54 |
| Nasdaq Composite in 2023 | +43.4% | 15,011.35 |
| Russell 2000 in 2023 | +15.1% | 2,027.07 |
| Nikkei 225 in 2023 | +28.2% | 33,464.17 |
| Gold in 2023 | +13.4% | $2,071.80 |
| Silver in 2023 | 0.0% | $23.85 |
| WTI crude oil in 2023 | −10.7% | $71.65 |
| Brent crude oil in 2023 | −10.3% | $77.04 |
| US 10-year Treasury yield in 2023 | −0.01 pp | 3.87% |
S&P 500 in 2023: FAQ
How much did the S&P 500 rise in 2023?
The S&P 500 rose 24.2% in 2023, from 3,839.50 at the end of 2022 to 4,769.83. Its highest close was 4,783.35 on Dec 28, and its lowest 3,808.10 on Jan 5. The biggest one-day fall was −2.0% on Feb 21 and the biggest rise +2.3% on Jan 6. Adjusted for inflation, it gained 20.2%.
What were the highest and lowest closes of the S&P 500 in 2023?
Highest: 4,783.35 on December 28, 2023. Lowest: 3,808.10 on January 5, 2023. It closed higher on 137 of 250 trading days.
What happened to the S&P 500 on March 10, 2023?
Silicon Valley Bank fails after a bank run and is placed under FDIC receivership. The S&P 500 fell 1.4% that day, and was +4.9% 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{corgano2026sp500in2023, author = {{Corgano}}, title = {S&P 500 in 2023}, howpublished = {\url{https://goldprice.corgano.com/market-history/sp-500/2023}}, year = {2026}, note = {Corgano Gold Price, accessed 2026-11-01}}