The stock market on August 28, 1978
August 28, 1978, a Monday. The S&P 500 fell 0.90% to close at 103.96. Of 4,541 US stocks that traded, 1,003 rose and 1,751 fell.
The S&P 500-0.90%closed at 103.96
How big a move#6,964of 24,799 trading days since 1928
$100 in the index since$7,411price only, to September 24, 2026
Stocks that rose1,003of 4,541; 1,751 fell
Biggest companyInternational Business Machines Corporationby market value that day
Last day of trading for3stocks
Biggest rises among the 500 largest companies
| Holiday Corp. (HIA) | +6.7% |
| Mgm Grand Hotels Inc (GRH) | +6.0% |
| Bally Entertainment (BLY) | +3.5% |
Biggest falls among the 500 largest companies
| Amsted Industries | -6.1% |
| Canadian Superior Oil (CDS) | -6.0% |
| NL Industries, Inc. (NL) | -5.4% |
Stock moves count dividends; the index is price only. Market values after 2024 are estimates.
‹ August 25, 1978 · Every August 28 · August 29, 1978 ›
Ask the Lab what came after a day like thisHistory, not advice. How these numbers are made.