The stock market on August 31, 1978
August 31, 1978, a Thursday. The S&P 500 fell 0.20% to close at 103.29. Of 4,532 US stocks that traded, 1,154 rose and 1,420 fell.
The S&P 500-0.20%closed at 103.29
How big a move#18,955of 24,799 trading days since 1928
$100 in the index since$7,459price only, to September 24, 2026
Stocks that rose1,154of 4,532; 1,420 fell
Biggest companyInternational Business Machines Corporationby market value that day
Last day of trading for2stocks
Biggest rises among the 500 largest companies
| American National Insurance Company (ANAT) | +9.1% |
| Dome Petroleum Ltd (DMP) | +6.8% |
| American Homes 4 Rent (AMH) | +5.4% |
Biggest falls among the 500 largest companies
| Bally Entertainment (BLY) | -9.8% |
| Mgm Grand Hotels Inc (GRH) | -7.9% |
| Colonial Penn Group Inc (CPG) | -3.4% |
Stock moves count dividends; the index is price only. Market values after 2024 are estimates.
‹ August 30, 1978 · Every August 31 · September 1, 1978 ›
Ask the Lab what came after a day like thisHistory, not advice. How these numbers are made.