The stock market on May 24, 1988
May 24, 1988, a Tuesday. The S&P 500 rose 1.07% to close at 253.51. Of 6,220 US stocks that traded, 2,073 rose and 1,651 fell.
The S&P 500+1.07%closed at 253.51
How big a move#5,480of 24,799 trading days since 1928
$100 in the index since$3,039price only, to September 24, 2026
Stocks that rose2,073of 6,220; 1,651 fell
Biggest companyInternational Business Machines Corporationby market value that day
Last day of trading for4stocks
Biggest rises among the 500 largest companies
| FleetBoston Financial (FBF) | +5.0% |
| Great Western Financial (GWF.) | +4.9% |
| CA Technologies (CA) | +4.7% |
Biggest falls among the 500 largest companies
| Himont Inc (HMT) | -2.9% |
| Ocean Drilling & Exploration (ODR) | -2.6% |
| Weis Markets, Inc. (WMK) | -2.5% |
Stock moves count dividends; the index is price only. Market values after 2024 are estimates.
‹ May 23, 1988 · Every May 24 · May 25, 1988 ›
Ask the Lab what came after a day like thisHistory, not advice. How these numbers are made.
