The stock market on September 16, 1988
September 16, 1988, a Friday. The S&P 500 rose 0.94% to close at 270.65. Of 6,156 US stocks that traded, 2,062 rose and 1,538 fell.
The S&P 500+0.94%closed at 270.65
How big a move#6,590of 24,799 trading days since 1928
$100 in the index since$2,847price only, to September 24, 2026
Stocks that rose2,062of 6,156; 1,538 fell
Biggest companyInternational Business Machines Corporationby market value that day
Last day of trading for1stock
Biggest rises among the 500 largest companies
| Time Warner (TWX) | +9.6% |
| Fortune Brands (FO) | +6.7% |
| National Semiconductor (NSM) | +5.8% |
Biggest falls among the 500 largest companies
| Reebok International (RBK) | -8.6% |
| Newmont Gold Co (NGC) | -4.6% |
| Navistar International (NAV) | -2.4% |
Stock moves count dividends; the index is price only. Market values after 2024 are estimates.
‹ September 15, 1988 · Every September 16 · September 19, 1988 ›
Ask the Lab what came after a day like thisHistory, not advice. How these numbers are made.