The stock market on May 16, 1978
May 16, 1978, a Tuesday. The S&P 500 rose 0.60% to close at 99.35. Of 4,578 US stocks that traded, 1,774 rose and 923 fell.
The S&P 500+0.60%closed at 99.35
How big a move#10,765of 24,799 trading days since 1928
$100 in the index since$7,755price only, to September 24, 2026
Stocks that rose1,774of 4,578; 923 fell
Biggest companyAT&T Corporationby market value that day
Last day of trading for1stock
Biggest rises among the 500 largest companies
| Metromedia (MET) | +11.1% |
| Reliance Electric Co -old (REE) | +6.5% |
| Studebaker-Worthington Inc (SKW) | +6.0% |
Biggest falls among the 500 largest companies
| Mca Inc. (MCA) | -3.4% |
| Dow Jones (DJ) | -3.2% |
| Asarco Inc (AR) | -2.9% |
Stock moves count dividends; the index is price only. Market values after 2024 are estimates.
‹ May 15, 1978 · Every May 16 · May 17, 1978 ›
Ask the Lab what came after a day like thisHistory, not advice. How these numbers are made.