The stock market on July 7, 1988
July 7, 1988, a Thursday. The S&P 500 fell 0.09% to close at 271.78. Of 6,198 US stocks that traded, 1,699 rose and 1,951 fell.
The S&P 500-0.09%closed at 271.78
How big a move#22,182of 24,799 trading days since 1928
$100 in the index since$2,835price only, to September 24, 2026
Stocks that rose1,699of 6,198; 1,951 fell
Biggest companyInternational Business Machines Corporationby market value that day
Last day of trading for3stocks
Biggest rises among the 500 largest companies
| Harcourt General (H) | +7.7% |
| Oracle (ORCL) | +7.2% |
| Rhone-Poulenc Rorer (RPR) | +6.1% |
Biggest falls among the 500 largest companies
| Millipore (MIL) | -3.4% |
| Ceridian Corp (CEN) | -3.2% |
| Fort James (FJ) | -2.9% |
Stock moves count dividends; the index is price only. Market values after 2024 are estimates.
‹ July 6, 1988 · Every July 7 · July 8, 1988 ›
Ask the Lab what came after a day like thisHistory, not advice. How these numbers are made.