The stock market on September 1, 1988
September 1, 1988, a Thursday. The S&P 500 fell 1.21% to close at 258.35. Of 6,170 US stocks that traded, 1,154 rose and 2,610 fell.
The S&P 500-1.21%closed at 258.35
How big a move#4,485of 24,799 trading days since 1928
$100 in the index since$2,982price only, to September 24, 2026
Stocks that rose1,154of 6,170; 2,610 fell
Biggest companyInternational Business Machines Corporationby market value that day
Last day of trading for4stocks
Biggest rises among the 500 largest companies
| Mead (MEA) | +6.8% |
| Metaldyne Corp | +5.4% |
| Mallinckrodt (MKG) | +3.8% |
Biggest falls among the 500 largest companies
| Newmont Mining (NEM) | -4.8% |
| Snap-On (SNA) | -4.8% |
| Intel (INTC) | -4.5% |
Stock moves count dividends; the index is price only. Market values after 2024 are estimates.
‹ August 31, 1988 · Every September 1 · September 2, 1988 ›
Ask the Lab what came after a day like thisHistory, not advice. How these numbers are made.