The stock market on August 2, 1978
August 2, 1978, a Wednesday. The S&P 500 rose 2.25% to close at 102.92. Of 4,544 US stocks that traded, 2,050 rose and 631 fell.
The S&P 500+2.25%closed at 102.92
How big a move#1,307of 24,799 trading days since 1928
$100 in the index since$7,486price only, to September 24, 2026
Stocks that rose2,050of 4,544; 631 fell
Biggest companyInternational Business Machines Corporationby market value that day
Last day of trading for2stocks
Biggest rises among the 500 largest companies
| Merrill Lynch (MER) | +10.1% |
| American Airlines Group (AMR) | +9.6% |
| National Semiconductor (NSM) | +9.3% |
Biggest falls among the 500 largest companies
| Square "d" (SQD) | -3.8% |
| Sonat Inc. (SNT) | -3.5% |
| Hilton Worldwide Holdings (HLT) | -3.1% |
Stock moves count dividends; the index is price only. Market values after 2024 are estimates.
‹ August 1, 1978 · Every August 2 · August 3, 1978 ›
Ask the Lab what came after a day like thisHistory, not advice. How these numbers are made.