The stock market on May 5, 1988
May 5, 1988, a Thursday. The S&P 500 fell 0.59% to close at 258.79. Of 6,226 US stocks that traded, 1,561 rose and 2,212 fell.
The S&P 500-0.59%closed at 258.79
How big a move#10,922of 24,799 trading days since 1928
$100 in the index since$2,977price only, to September 24, 2026
Stocks that rose1,561of 6,226; 2,212 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) | +6.5% |
| SunTrust Banks (STI) | +5.6% |
| Black & Decker (BDK) | +4.9% |
Biggest falls among the 500 largest companies
| Marion Merrell Dow Inc (MKC) | -13.4% |
| H&R Block (HRB) | -4.6% |
| Becton Dickinson (BDX) | -4.0% |
Stock moves count dividends; the index is price only. Market values after 2024 are estimates.
‹ May 4, 1988 · Every May 5 · May 6, 1988 ›
Ask the Lab what came after a day like thisHistory, not advice. How these numbers are made.