The stock market on August 15, 1988
August 15, 1988, a Monday. The S&P 500 fell 1.47% to close at 258.69. Of 6,196 US stocks that traded, 1,037 rose and 2,803 fell.
The S&P 500-1.47%closed at 258.69
How big a move#3,202of 24,799 trading days since 1928
$100 in the index since$2,978price only, to September 24, 2026
Stocks that rose1,037of 6,196; 2,803 fell
Biggest companyInternational Business Machines Corporationby market value that day
Last day of trading for3stocks
Biggest rises among the 500 largest companies
| U S Shoe Corp (USR) | +31.5% |
| Cabot Corporation (CBT) | +8.8% |
| Furniture Brands Intl Inc (FBNIQ) | +3.0% |
Biggest falls among the 500 largest companies
| National Semiconductor (NSM) | -6.4% |
| Raychem Corp (RYC.) | -6.1% |
| Oracle (ORCL) | -5.6% |
Stock moves count dividends; the index is price only. Market values after 2024 are estimates.
‹ August 12, 1988 · Every August 15 · August 16, 1988 ›
Ask the Lab what came after a day like thisHistory, not advice. How these numbers are made.