The stock market on August 16, 1978
August 16, 1978, a Wednesday. The S&P 500 rose 0.77% to close at 104.65. Of 4,535 US stocks that traded, 1,765 rose and 826 fell.
The S&P 500+0.77%closed at 104.65
How big a move#8,374of 24,799 trading days since 1928
$100 in the index since$7,362price only, to September 24, 2026
Stocks that rose1,765of 4,535; 826 fell
Biggest companyInternational Business Machines Corporationby market value that day
Biggest rises among the 500 largest companies
| Wendy's International Inc (WEN) | +7.4% |
| Hercules (HPC) | +7.3% |
| Continental Group (CCC) | +5.7% |
Biggest falls among the 500 largest companies
| Hca Hosp Cp Of Amer -cl A (HCA) | -4.6% |
| Caliber System (CBB) | -3.9% |
| Dart Industries (D) | -2.0% |
Stock moves count dividends; the index is price only. Market values after 2024 are estimates.
‹ August 15, 1978 · Every August 16 · August 17, 1978 ›
Ask the Lab what came after a day like thisHistory, not advice. How these numbers are made.