The stock market on June 16, 1988
June 16, 1988, a Thursday. The S&P 500 fell 1.71% to close at 269.77. Of 6,199 US stocks that traded, 1,442 rose and 2,364 fell.
The S&P 500-1.71%closed at 269.77
How big a move#2,350of 24,799 trading days since 1928
$100 in the index since$2,856price only, to September 24, 2026
Stocks that rose1,442of 6,199; 2,364 fell
Biggest companyInternational Business Machines Corporationby market value that day
Last day of trading for1stock
Biggest rises among the 500 largest companies
| KeySpan (KSE) | +8.8% |
| Kimberly-Clark (KMB) | +5.5% |
| West Point Pepperell (WPM) | +5.3% |
Biggest falls among the 500 largest companies
| Smithkline Beckman Corp (SKB) | -16.8% |
| J.P. Morgan Chase & Co. (CMB) | -5.8% |
| Norton Simon (NSI) | -5.3% |
Stock moves count dividends; the index is price only. Market values after 2024 are estimates.
‹ June 15, 1988 · Every June 16 · June 17, 1988 ›
Ask the Lab what came after a day like thisHistory, not advice. How these numbers are made.