The stock market on August 9, 1988
August 9, 1988, a Tuesday. The S&P 500 fell 1.29% to close at 266.49. Of 6,188 US stocks that traded, 1,120 rose and 2,736 fell.
The S&P 500-1.29%closed at 266.49
How big a move#4,054of 24,799 trading days since 1928
$100 in the index since$2,891price only, to September 24, 2026
Stocks that rose1,120of 6,188; 2,736 fell
Biggest companyInternational Business Machines Corporationby market value that day
Last day of trading for1stock
Biggest rises among the 500 largest companies
| Pharmacia (PNU) | +5.6% |
| Maytag (MYG) | +3.2% |
| Coca-Cola Enterprises (CCE) | +2.8% |
Biggest falls among the 500 largest companies
| Temple-Inland (TIN) | -5.5% |
| Amax Inc. (AMX) | -4.8% |
| Newmont Mining (NEM) | -4.4% |
Stock moves count dividends; the index is price only. Market values after 2024 are estimates.
‹ August 8, 1988 · Every August 9 · August 10, 1988 ›
Ask the Lab what came after a day like thisHistory, not advice. How these numbers are made.