The stock market on May 11, 1988
May 11, 1988, a Wednesday. The S&P 500 fell 1.67% to close at 253.31. Of 6,226 US stocks that traded, 811 rose and 3,287 fell.
The S&P 500-1.67%closed at 253.31
How big a move#2,448of 24,799 trading days since 1928
$100 in the index since$3,041price only, to September 24, 2026
Stocks that rose811of 6,226; 3,287 fell
Biggest companyInternational Business Machines Corporationby market value that day
Last day of trading for3stocks
Biggest rises among the 500 largest companies
| BankAmerica Corp. | +5.2% |
| Target (TGT) | +4.4% |
| Unocal Exploration Corp (UXC) | +3.3% |
Biggest falls among the 500 largest companies
| Pe Corp-Pe Biosy (PEB) | -5.7% |
| Ryder System (R) | -5.4% |
| Bear Stearns (BSC) | -5.1% |
Stock moves count dividends; the index is price only. Market values after 2024 are estimates.
‹ May 10, 1988 · Every May 11 · May 12, 1988 ›
Ask the Lab what came after a day like thisHistory, not advice. How these numbers are made.