Market history 1963 to 1965

The go-go years

The S&P 500 through the episode, from its peak to its low and back to the peak, and what happened.

January 1963 to December 1965Episode 13 of 36Fall −9.6%

S&P 500, daily closeFall, peak to lowThe peak's level

S&P 500 daily close, price only. Yahoo Finance, ^GSPC, to 30 Oct 2026.

What happened

Kennedy's assassination in November 1963 caused a one-day fall; the tax cuts that followed under Lyndon Johnson supported a long rise. Inflation stayed low, growth was strong and a new class of fast-trading funds became the talk of Wall Street.

Play it

The Trading Simulator replays two years of the S&P 500 from January 1963, day by day: stay invested or move to cash, and finish ahead of the index if you can. The game counts dividends, so its figures differ from the price figures here.

Play these years in the Trading Simulator

On Andra Markets

How the figures are measured

From the S&P 500's daily closes, price only: dividends are not included. An episode's fall is the largest drop from a close to a later close within its months, from the highest close before the low. Where an episode's text measures from a peak in the episode before or to a low in the episode after, the figures do too: the Great Depression from the 1929 peak, Sputnik and the 1957 recession from the 1956 high, and the Volcker squeeze to the low of August 1982. Months are calendar months, rounded. Back at the peak is the first close at or above the peak's close.

The text of each episode is the one the Trading Simulator shows at the end of a game. For information only. Not investment advice.