The stock market on December 28, 1978
December 28, 1978, a Thursday. The S&P 500 fell 0.39% to close at 96.28. Of 4,552 US stocks that traded, 860 rose and 1,576 fell.
The S&P 500-0.39%closed at 96.28
How big a move#14,521of 24,799 trading days since 1928
$100 in the index since$8,002price only, to September 24, 2026
Stocks that rose860of 4,552; 1,576 fell
Biggest companyInternational Business Machines Corporationby market value that day
Last day of trading for2stocks
Biggest rises among the 500 largest companies
| Mgm Grand Hotels Inc (GRH) | +5.7% |
| Spx Corp. (SPW) | +3.9% |
| Timken (TKR) | +3.6% |
Biggest falls among the 500 largest companies
| Murphy Oil Corporation (MUR) | -4.9% |
| Owens Corning (OWC) | -4.7% |
| Merrill Lynch (MER) | -4.7% |
Stock moves count dividends; the index is price only. Market values after 2024 are estimates.
‹ December 27, 1978 · Every December 28 · December 29, 1978 ›
Ask the Lab what came after a day like thisHistory, not advice. How these numbers are made.