The stock market on August 10, 1988
August 10, 1988, a Wednesday. The S&P 500 fell 1.72% to close at 261.90. Of 6,188 US stocks that traded, 885 rose and 3,133 fell.
The S&P 500-1.72%closed at 261.90
How big a move#2,302of 24,799 trading days since 1928
$100 in the index since$2,942price only, to September 24, 2026
Stocks that rose885of 6,188; 3,133 fell
Biggest companyInternational Business Machines Corporationby market value that day
Biggest rises among the 500 largest companies
| Farmers Group Inc (FGRP.) | +10.0% |
| Quaker Oats (OAT.) | +4.0% |
| First Boston Inc (FBC) | +3.9% |
Biggest falls among the 500 largest companies
| Metaldyne Corp | -10.5% |
| American Homes 4 Rent (AMH) | -7.4% |
| Ashland (ASH) | -6.8% |
Stock moves count dividends; the index is price only. Market values after 2024 are estimates.
‹ August 9, 1988 · Every August 10 · August 11, 1988 ›
Ask the Lab what came after a day like thisHistory, not advice. How these numbers are made.