The stock market on March 16, 1988
March 16, 1988, a Wednesday. The S&P 500 rose 0.95% to close at 268.65. Of 6,261 US stocks that traded, 2,240 rose and 1,570 fell.
The S&P 500+0.95%closed at 268.65
How big a move#6,516of 24,799 trading days since 1928
$100 in the index since$2,868price only, to September 24, 2026
Stocks that rose2,240of 6,261; 1,570 fell
Biggest companyInternational Business Machines Corporationby market value that day
Last day of trading for1stock
Biggest rises among the 500 largest companies
| U S Shoe Corp (USR) | +12.5% |
| Pillsbury Co | +10.2% |
| Safety-Kleen (SK) | +7.6% |
Biggest falls among the 500 largest companies
| Texas Eastern Corp | -6.9% |
| Newmont Mining (NEM) | -2.5% |
| General Re (GRN) | -2.3% |
Stock moves count dividends; the index is price only. Market values after 2024 are estimates.
‹ March 15, 1988 · Every March 16 · March 17, 1988 ›
Ask the Lab what came after a day like thisHistory, not advice. How these numbers are made.