The stock market on January 22, 1988
January 22, 1988, a Friday. The S&P 500 rose 1.38% to close at 246.50. Of 6,302 US stocks that traded, 2,659 rose and 1,272 fell.
The S&P 500+1.38%closed at 246.50
How big a move#3,603of 24,799 trading days since 1928
$100 in the index since$3,125price only, to September 24, 2026
Stocks that rose2,659of 6,302; 1,272 fell
Biggest companyInternational Business Machines Corporationby market value that day
Last day of trading for8stocks
Biggest rises among the 500 largest companies
| Stone Container (STO) | +8.3% |
| Asarco Inc (AR) | +7.0% |
| Johnson & Johnson (JNJ) | +6.9% |
Biggest falls among the 500 largest companies
| Quaker Oats (OAT.) | -4.4% |
| Newmont Gold Co (NGC) | -3.6% |
| Compaq Computer (CPQ) | -3.2% |
Stock moves count dividends; the index is price only. Market values after 2024 are estimates.
‹ January 21, 1988 · Every January 22 · January 25, 1988 ›
Ask the Lab what came after a day like thisHistory, not advice. How these numbers are made.