The stock market on May 23, 1978
May 23, 1978, a Tuesday. The S&P 500 fell 1.05% to close at 98.05. Of 4,573 US stocks that traded, 943 rose and 1,749 fell.
The S&P 500-1.05%closed at 98.05
How big a move#5,640of 24,799 trading days since 1928
$100 in the index since$7,857price only, to September 24, 2026
Stocks that rose943of 4,573; 1,749 fell
Biggest companyAT&T Corporationby market value that day
Biggest rises among the 500 largest companies
| Southland Royalty Co (SRO) | +5.5% |
| Homestake Mining (HM) | +3.2% |
| Dome Mines (DM) | +2.7% |
Biggest falls among the 500 largest companies
| Schlitz (jos.) Brewing Co (SLZ.) | -10.5% |
| Tambrands Inc (TMB) | -5.4% |
| Molson Coors Brewing (RKY) | -5.4% |
Stock moves count dividends; the index is price only. Market values after 2024 are estimates.
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Ask the Lab what came after a day like thisHistory, not advice. How these numbers are made.