The stock market on May 2, 1988
May 2, 1988, a Monday. The S&P 500 rose 0.09% to close at 261.56. Of 6,234 US stocks that traded, 1,695 rose and 2,064 fell.
The S&P 500+0.09%closed at 261.56
How big a move#22,192of 24,799 trading days since 1928
$100 in the index since$2,945price only, to September 24, 2026
Stocks that rose1,695of 6,234; 2,064 fell
Biggest companyInternational Business Machines Corporationby market value that day
Last day of trading for1stock
Biggest rises among the 500 largest companies
| American Cyanamid (ACY) | +5.4% |
| Avon Products (AVP) | +4.3% |
| American Homes 4 Rent (AMH) | +3.5% |
Biggest falls among the 500 largest companies
| Illinova Corp (ILN) | -6.3% |
| Pinnacle West Capital Corporation (PNW) | -5.9% |
| PG&E Corp. (PCG) | -5.0% |
Stock moves count dividends; the index is price only. Market values after 2024 are estimates.
‹ April 29, 1988 · Every May 2 · May 3, 1988 ›
Ask the Lab what came after a day like thisHistory, not advice. How these numbers are made.