The stock market on January 8, 1988
January 8, 1988, a Friday. The S&P 500 fell 6.77% to close at 243.40. Of 6,308 US stocks that traded, 971 rose and 3,354 fell.
The S&P 500-6.77%closed at 243.40
How big a move#76of 24,799 trading days since 1928
$100 in the index since$3,165price only, to September 24, 2026
Stocks that rose971of 6,308; 3,354 fell
Biggest companyInternational Business Machines Corporationby market value that day
Last day of trading for1stock
Biggest rises among the 500 largest companies
| Irving Bank Corp (V) | +2.3% |
| Unocal Exploration Corp (UXC) | +1.5% |
| Mesa Inc (MXP.) | +1.1% |
Biggest falls among the 500 largest companies
| Tandem Computers Inc (TDM.) | -24.9% |
| Norton Simon (NSI) | -16.0% |
| Aeroquip-Vickers (ANV) | -13.5% |
Stock moves count dividends; the index is price only. Market values after 2024 are estimates.
‹ January 7, 1988 · Every January 8 · January 11, 1988 ›
Ask the Lab what came after a day like thisHistory, not advice. How these numbers are made.