S&P 500 · November 30, 1982
In the middle of a new bull market
+3.23%
single-day change vs previous close
What happened that day?
- On 30 November 1982 the S&P 500 rose 3.23%
- August that year had been the bottom. The run that started there would carry on for years
- The reason was rates. With inflation finally coming down, the Fed had room to cut
- Stock prices had gone nowhere for more than a decade. This is where that changed
- Taken on its own, no single trigger stands out for this day. In a rising market, large up days are ordinary
- The pullback before it had been 7.05% from the peak
Sources
Every figure on this page is recomputed from the original daily closing prices and checked against them at build time. The account of what happened is written from the sources listed above.