The stock market on May 7, 1979
May 7, 1979, a Monday. The S&P 500 fell 1.66% to close at 99.02. Of 4,517 US stocks that traded, 317 rose and 2,768 fell.
The S&P 500-1.66%closed at 99.02
How big a move#2,499of 24,799 trading days since 1928
$100 in the index since$7,780price only, to September 24, 2026
Stocks that rose317of 4,517; 2,768 fell
Biggest companyInternational Business Machines Corporationby market value that day
Biggest rises among the 500 largest companies
| Dome Mines (DM) | +3.4% |
| Genuine Parts (GPC) | +2.1% |
| Studebaker-Worthington Inc (SKW) | +2.0% |
Biggest falls among the 500 largest companies
| Aquitaine Co Canada Ltd (AQC) | -15.5% |
| Caesars New Jersey Inc (CJN) | -11.9% |
| Holiday Corp. (HIA) | -9.0% |
Stock moves count dividends; the index is price only. Market values after 2024 are estimates.
‹ May 4, 1979 · Every May 7 · May 8, 1979 ›
Ask the Lab what came after a day like thisHistory, not advice. How these numbers are made.