The stock market on August 16, 1988
August 16, 1988, a Tuesday. The S&P 500 rose 0.72% to close at 260.56. Of 6,196 US stocks that traded, 1,960 rose and 1,685 fell.
The S&P 500+0.72%closed at 260.56
How big a move#8,979of 24,799 trading days since 1928
$100 in the index since$2,957price only, to September 24, 2026
Stocks that rose1,960of 6,196; 1,685 fell
Biggest companyInternational Business Machines Corporationby market value that day
Last day of trading for2stocks
Biggest rises among the 500 largest companies
| Viacom Inc (VIA) | +7.7% |
| Tele-Comm Tci Group -ser A (TCOMA) | +6.7% |
| Oracle (ORCL) | +5.9% |
Biggest falls among the 500 largest companies
| Hewlett-Packard (HWP) | -3.2% |
| Maytag (MYG) | -2.6% |
| Martin Marietta (ML) | -2.5% |
Stock moves count dividends; the index is price only. Market values after 2024 are estimates.
‹ August 15, 1988 · Every August 16 · August 17, 1988 ›
Ask the Lab what came after a day like thisHistory, not advice. How these numbers are made.