S&P 500 · December 18, 1984
A big day into year end
+2.75%
single-day change vs previous close
What happened that day?
- On 18 December 1984 the S&P 500 rose 2.75%
- Stocks had drifted lower through the autumn and were finding a direction into year end
- The background was the same as in summer: with inflation contained, rates could fall further
- The move carried into the next year, and 1985 finished higher
- No single trigger can be pinned to this day
- The autumn pullback had been 5.05% 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.