The stock market on May 17, 1988
May 17, 1988, a Tuesday. The S&P 500 fell 1.28% to close at 255.39. Of 6,220 US stocks that traded, 1,612 rose and 2,127 fell.
The S&P 500-1.28%closed at 255.39
How big a move#4,095of 24,799 trading days since 1928
$100 in the index since$3,017price only, to September 24, 2026
Stocks that rose1,612of 6,220; 2,127 fell
Biggest companyInternational Business Machines Corporationby market value that day
Last day of trading for1stock
Biggest rises among the 500 largest companies
| Wheelabrator Technologies (WTI) | +3.8% |
| Pharmacia (PNU) | +3.2% |
| Pe Corp-Pe Biosy (PEB) | +2.2% |
Biggest falls among the 500 largest companies
| TJX Companies, Inc. (The) (TJX) | -6.4% |
| Cray Research (CYR) | -6.3% |
| Media General Inc -old (MEG) | -5.5% |
Stock moves count dividends; the index is price only. Market values after 2024 are estimates.
‹ May 16, 1988 · Every May 17 · May 18, 1988 ›
Ask the Lab what came after a day like thisHistory, not advice. How these numbers are made.