The stock market on August 24, 1988
August 24, 1988, a Wednesday. The S&P 500 rose 1.57% to close at 261.13. Of 6,187 US stocks that traded, 2,404 rose and 1,284 fell.
The S&P 500+1.57%closed at 261.13
How big a move#2,790of 24,799 trading days since 1928
$100 in the index since$2,950price only, to September 24, 2026
Stocks that rose2,404of 6,187; 1,284 fell
Biggest companyInternational Business Machines Corporationby market value that day
Last day of trading for3stocks
Biggest rises among the 500 largest companies
| Cabot Corporation (CBT) | +6.4% |
| Fluor (FLR) | +6.2% |
| Avery Dennison (AVY) | +6.1% |
Biggest falls among the 500 largest companies
| Centerior Energy (CX) | -6.3% |
| Broadwing Inc (BRW) | -2.8% |
| Raychem Corp (RYC.) | -1.6% |
Stock moves count dividends; the index is price only. Market values after 2024 are estimates.
‹ August 23, 1988 · Every August 24 · August 25, 1988 ›
Ask the Lab what came after a day like thisHistory, not advice. How these numbers are made.