The stock market on August 22, 1988
August 22, 1988, a Monday. The S&P 500 fell 1.25% to close at 256.98. Of 6,185 US stocks that traded, 1,104 rose and 2,651 fell.
The S&P 500-1.25%closed at 256.98
How big a move#4,261of 24,799 trading days since 1928
$100 in the index since$2,998price only, to September 24, 2026
Stocks that rose1,104of 6,185; 2,651 fell
Biggest companyInternational Business Machines Corporationby market value that day
Last day of trading for1stock
Biggest rises among the 500 largest companies
| Amax Gold Inc (AU) | +5.6% |
| Albertsons (ABS) | +4.8% |
| Weis Markets, Inc. (WMK) | +3.2% |
Biggest falls among the 500 largest companies
| Security Pacific Corp | -7.1% |
| Liz Claiborne (LIZ) | -6.8% |
| Millipore (MIL) | -5.2% |
Stock moves count dividends; the index is price only. Market values after 2024 are estimates.
‹ August 19, 1988 · Every August 22 · August 23, 1988 ›
Ask the Lab what came after a day like thisHistory, not advice. How these numbers are made.