Markets · Long view

Crises & events.

The S&P 500 since 1970, annotated. Toggle wars, politics, tech, disasters and finance to see how the market absorbed each headline — and kept compounding.

$10,000$100,000$1M'70'75'80'85'90'95'00'05'10'15'20'25$3.3M
Log scale · nominal dollars · hover the chart to scrub years
Hover the chart to scrub years. Click a category above to toggle it.

Events in Range

  • 1970Invasion of Cambodia
  • 1971Nixon ends gold standard
  • 1972Nixon visits communist China
  • 1973Yom Kippur War & oil embargo
  • 1974Nixon resigns
  • 1975Fall of Saigon
  • 1976Concorde's first commercial flight
  • 1977Apple II computer
  • 1978Space Invaders triggers video-game craze
  • 1979Three Mile Island accident
  • 1979Soviet Union invades Afghanistan
  • 1980Reagan elected
  • 1981First IBM PC demonstrated
  • 1981Reagan fires air-traffic controllers
  • 1982Falkland Islands War
  • 1984Apple launches Macintosh
  • 1985Reagan & Gorbachev meet
  • 1986Space Shuttle Challenger explosion
  • 1987Black Monday
  • 1989Fall of the Berlin Wall
  • 1990Iraq invades Kuwait
  • 1991Cold War ends
  • 1992Maastricht Treaty
  • 1994Nelson Mandela elected president of S. Africa
  • 1995Oklahoma City bombing
  • 1996Taliban rises to power
  • 1997AI wins first chess match
  • 1998First US budget surplus in 30 years
  • 1999EU launches the Euro
  • 2000Bull market ends; tech bubble deflates
  • 20019/11 terrorist attacks
  • 2002Birth of Homeland Security
  • 2003US invades Iraq
  • 2004Facebook is launched
  • 2005Hurricane Katrina
  • 2006Saddam Hussein executed
  • 2007Birth of the iPhone
  • 2008Lehman Brothers files for bankruptcy
  • 2008Obama elected
  • 2009H1N1 declared global pandemic
  • 2010Deepwater Horizon oil spill
  • 2011Osama bin Laden killed
  • 2013Boston Marathon bombing
  • 2014Ukraine (Crimea) crisis
  • 2014ISIS begins offensive in Iraq
  • 2015First NASA spacecraft past Pluto
  • 2016Trump elected
  • 2017Hurricanes Harvey, Irma, Maria
  • 2018Deadliest wildfires in CA history
  • 2020First confirmed COVID-19 case in US
  • 2021First all-civilian crew goes to space
  • 2022Russia invades Ukraine
  • 2022Biden signs Inflation Reduction Act
  • 2023Silicon Valley Bank collapse
  • 2023Hamas attacks Israel
  • 2025Trump signs exec. order on tariffs

Inspired by First Trust's Crises & Events chart. Annual S&P 500 total returns (with dividends) from Aswath Damodaran, NYU Stern. Year-resolution data smooths over single-day shocks like the 1987 Black Monday drop. Past performance is not a forecast.