The stock market on May 16, 1979
May 16, 1979, a Wednesday. The S&P 500 rose 0.29% to close at 98.42. Of 4,520 US stocks that traded, 1,148 rose and 1,190 fell.
The S&P 500+0.29%closed at 98.42
How big a move#16,876of 24,799 trading days since 1928
$100 in the index since$7,828price only, to September 24, 2026
Stocks that rose1,148of 4,520; 1,190 fell
Biggest companyInternational Business Machines Corporationby market value that day
Biggest rises among the 500 largest companies
| CNA Financial Corporation (CNA) | +11.6% |
| First Charter Financial (FCF) | +6.4% |
| Nlt Corp (NLT) | +5.0% |
Biggest falls among the 500 largest companies
| Pe Corp-Pe Biosy (PEB) | -4.3% |
| RadioShack (TAN) | -3.9% |
| Salomon | -3.3% |
Stock moves count dividends; the index is price only. Market values after 2024 are estimates.
‹ May 15, 1979 · Every May 16 · May 17, 1979 ›
Ask the Lab what came after a day like thisHistory, not advice. How these numbers are made.