The stock market on August 2, 1988
August 2, 1988, a Tuesday. The S&P 500 fell 0.06% to close at 272.06. Of 6,195 US stocks that traded, 1,786 rose and 1,910 fell.
The S&P 500-0.06%closed at 272.06
How big a move#23,204of 24,799 trading days since 1928
$100 in the index since$2,832price only, to September 24, 2026
Stocks that rose1,786of 6,195; 1,910 fell
Biggest companyInternational Business Machines Corporationby market value that day
Last day of trading for2stocks
Biggest rises among the 500 largest companies
| Bank of America Corp. (BAC) | +11.5% |
| Union Carbide | +5.8% |
| American Financial Group, Inc. (AFG) | +4.5% |
Biggest falls among the 500 largest companies
| Phelps Dodge (PD) | -3.4% |
| Liz Claiborne (LIZ) | -3.3% |
| National Semiconductor (NSM) | -3.3% |
Stock moves count dividends; the index is price only. Market values after 2024 are estimates.
‹ August 1, 1988 · Every August 2 · August 3, 1988 ›
Ask the Lab what came after a day like thisHistory, not advice. How these numbers are made.