The stock market on January 16, 1978
January 16, 1978, a Monday. The S&P 500 fell 0.29% to close at 89.43. Of 4,593 US stocks that traded, 843 rose and 1,527 fell.
The S&P 500-0.29%closed at 89.43
How big a move#16,775of 24,799 trading days since 1928
$100 in the index since$8,615price only, to September 24, 2026
Stocks that rose843of 4,593; 1,527 fell
Biggest companyInternational Business Machines Corporationby market value that day
Last day of trading for2stocks
Biggest rises among the 500 largest companies
| Allegheny Technologies (ATI) | +7.1% |
| Kennecott (KN) | +3.6% |
| Ceridian Corp (CEN) | +3.1% |
Biggest falls among the 500 largest companies
| H.F. Ahmanson (AHM) | -5.1% |
| Southland Royalty Co (SRO) | -5.0% |
| Jefferson-Pilot (JP) | -4.9% |
Stock moves count dividends; the index is price only. Market values after 2024 are estimates.
‹ January 13, 1978 · Every January 16 · January 17, 1978 ›
Ask the Lab what came after a day like thisHistory, not advice. How these numbers are made.