The stock market on January 29, 1988
January 29, 1988, a Friday. The S&P 500 rose 1.49% to close at 257.07. Of 6,299 US stocks that traded, 2,400 rose and 1,474 fell.
The S&P 500+1.49%closed at 257.07
How big a move#3,108of 24,799 trading days since 1928
$100 in the index since$2,997price only, to September 24, 2026
Stocks that rose2,400of 6,299; 1,474 fell
Biggest companyInternational Business Machines Corporationby market value that day
Last day of trading for3stocks
Biggest rises among the 500 largest companies
| Dreyfus Corp (DRY) | +12.3% |
| Golden West Financial (GDW) | +9.5% |
| J.P. Morgan (JPM.Z) | +9.2% |
Biggest falls among the 500 largest companies
| Transitional Hospitals Cp (THY) | -8.8% |
| Newmont Gold Co (NGC) | -6.0% |
| Homestake Mining (HM) | -5.1% |
Stock moves count dividends; the index is price only. Market values after 2024 are estimates.
‹ January 28, 1988 · Every January 29 · February 1, 1988 ›
Ask the Lab what came after a day like thisHistory, not advice. How these numbers are made.