The stock market on January 7, 1988
January 7, 1988, a Thursday. The S&P 500 rose 0.84% to close at 261.07. Of 6,310 US stocks that traded, 2,380 rose and 1,579 fell.
The S&P 500+0.84%closed at 261.07
How big a move#7,543of 24,799 trading days since 1928
$100 in the index since$2,951price only, to September 24, 2026
Stocks that rose2,380of 6,310; 1,579 fell
Biggest companyInternational Business Machines Corporationby market value that day
Last day of trading for1stock
Biggest rises among the 500 largest companies
| Sun Microsystems (SUNW) | +10.2% |
| V.F. Corporation (VFC) | +8.1% |
| Mca Inc. (MCA) | +7.6% |
Biggest falls among the 500 largest companies
| JCPenney (JCP) | -6.7% |
| Amax Inc. (AMX) | -3.7% |
| Tjx Companies Inc -old (TJX.) | -3.5% |
Stock moves count dividends; the index is price only. Market values after 2024 are estimates.
‹ January 6, 1988 · Every January 7 · January 8, 1988 ›
Ask the Lab what came after a day like thisHistory, not advice. How these numbers are made.