The stock market on August 5, 1988
August 5, 1988, a Friday. The S&P 500 fell 0.29% to close at 271.15. Of 6,196 US stocks that traded, 1,528 rose and 2,050 fell.
The S&P 500-0.29%closed at 271.15
How big a move#16,843of 24,799 trading days since 1928
$100 in the index since$2,841price only, to September 24, 2026
Stocks that rose1,528of 6,196; 2,050 fell
Biggest companyInternational Business Machines Corporationby market value that day
Last day of trading for2stocks
Biggest rises among the 500 largest companies
| Beneficial (BNL) | +7.7% |
| American General (AGC) | +4.9% |
| Smithkline Beckman Corp (SKB) | +4.2% |
Biggest falls among the 500 largest companies
| Advanced Micro Devices (AMD) | -3.7% |
| Microsoft (MSFT) | -3.6% |
| Gillette (G) | -3.4% |
Stock moves count dividends; the index is price only. Market values after 2024 are estimates.
‹ August 4, 1988 · Every August 5 · August 8, 1988 ›
Ask the Lab what came after a day like thisHistory, not advice. How these numbers are made.