The S&P 500 in 2014
The S&P 500 rose 11.4% in 2014, from 1,848.36 to 2,058.90; with dividends reinvested, the total return was +13.7%. That ranks 2014 49th-worst of the 98 complete calendar years since 1928.
- Price return
- +11.4%
- Total return
- +13.7%
- Deepest decline in the year
- −7.4%October 15, 2014
- Year-end close
- 2,058.90December 31, 2014
- Highest close
- 2,090.57December 29, 2014
- Lowest close
- 1,741.89February 3, 2014
- Record closes
- 53
- Trading days
- 252
- Best day
- +2.4%December 18, 2014
- Worst day
- −2.3%February 3, 2014
- Shiller CAPE in January
- 24.9
How 2014 unfolded
The highest close of the year was 2,090.57 on December 29, 2014; the lowest was 1,741.89 on February 3, 2014.
The deepest fall from a peak within the year was −7.4%, bottoming on October 15, 2014.
53 closes set new all-time highs, the last on December 29, 2014.
The best session was December 18, 2014 (+2.4%); the worst was February 3, 2014 (−2.3%).
No month of 2014 falls inside an NBER-dated recession.
The Shiller CAPE stood at 24.9 in January 2014.
The VIX averaged 14.2 over the year and closed as high as 26.3 on October 15, 2014.
Drawdowns that touched 2014
| Drawdown | Peak → trough | Decline | Back at the record |
|---|---|---|---|
| QE taper | January 15, 2014 → February 3, 2014 | −5.8% | February 27, 2014 |
| QE taper | September 18, 2014 → October 15, 2014 | −7.4% | October 31, 2014 |
Every decline of 5% or more from a record close that was under way, or still being recovered, during 2014.
2014 month by month
| Month | Return |
|---|---|
| January | −3.6% |
| February | +4.3% |
| March | +0.7% |
| April | +0.6% |
| May | +2.1% |
| June | +1.9% |
| July | −1.5% |
| August | +3.8% |
| September | −1.6% |
| October | +2.3% |
| November | +2.5% |
| December | −0.4% |
What $10,000 at the start of 2014 became
$10,000 invested in the S&P 500 at the start of 2014, with dividends reinvested, grew to $45,911 by the end of 2025: 13.5% a year. On price alone, without dividends, it came to $37,037.
FAQ
What was the S&P 500 return in 2014?
The S&P 500 rose 11.4% in 2014, from 1,848.36 to 2,058.90; with dividends reinvested, the total return was +13.7%.
How far did the S&P 500 fall in 2014?
Its deepest peak-to-trough decline within 2014 was −7.4%, reaching bottom on October 15, 2014.
Was 2014 part of a bear market?
No. No decline of 20% or more from a record close was under way in 2014.
Did the S&P 500 hit a record high in 2014?
Yes: 53 closes set new all-time highs in 2014, the last on December 29, 2014.
Data and sources
Daily closes · Calendar-year price returns · Calendar-year total returns · Intra-year declines · Drawdowns from record closes · Shiller CAPE · NBER recession months (via FRED) · Monthly returns · VIX daily closes
Index levels are daily closes. Price return leaves dividends out; total return reinvests them. A past year's page changes only when a later year completes and the rankings move.