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History of S&P 500 Index Values Annual Closing Value Change 5/31/2023 4,180 8.9% 12/31/2022 3,840 -19.4% 12/31/2021 4,766 26.9% 12/31/2020 3,756 16.2% 12/31/2019 3,231 28.9% 12/31/2018 2,507 -6.2% 12/31/2017 2,674 19.4% 12/31/2016 2,239 9.5% 12/31/2015 2,044 -0.7% 12/31/2014 2,059 11.4% 12/31/2013 1,848 29.6% 12/31/2012 1,426 13.4% 12/31/2011 1,258 0.0% 12/31/2010 1,258 12.8% 12/31/2009 1,115 23.5% 12/31/2008 903 -38.5% 12/31/2007 1,468 3.5% 12/31/2006 1,418 13.6% 12/31/2005 1,248 3.0% 12/31/2004 1,212 9.0% 12/31/2003 1,112 26.4% 12/31/2002 880 -23.3% 12/31/2001 1,148 -13.0% 12/31/2000 1,320 -10.1% 12/31/1999 1,469 19.5% 12/31/1998 1,229 26.7% 12/31/1997 970 30.9% 12/31/1996 741 20.3% 12/31/1995 616 34.2% 12/31/1994 459 -1.5% 12/31/1993 466 6.9% 12/31/1992 436 4.6% 12/31/1991 417 26.4% 12/31/1990 330 -6.5% 12/31/1989 353 27.0% 12/31/1988 278 12.6% 12/31/1987 247 2.1% 12/31/1986 242 14.7% 12/31/1985 211 26.3% 12/31/1984 167 1.2% 12/31/1983 165 17.0% 12/31/1982 141 14.6% 12/31/1981 123 Average annual change 10.1% #of up years 31 75.6% #of down years 9 22.0% #of no change 1 2.4% 41 100.0%