The stock market on October 5, 1988
October 5, 1988, a Wednesday. The S&P 500 rose 0.46% to close at 271.86. Of 6,139 US stocks that traded, 1,977 rose and 1,614 fell.
The S&P 500+0.46%closed at 271.86
How big a move#13,215of 24,799 trading days since 1928
$100 in the index since$2,834price only, to September 24, 2026
Stocks that rose1,977of 6,139; 1,614 fell
Biggest companyInternational Business Machines Corporationby market value that day
Last day of trading for3stocks
Biggest rises among the 500 largest companies
| Rhone-Poulenc Rorer (RPR) | +7.3% |
| Kimberly-Clark (KMB) | +6.4% |
| Olin (OLN) | +5.8% |
Biggest falls among the 500 largest companies
| Goodyear Tire & Rubber (GT) | -6.3% |
| Digital Equipment (DEC) | -4.1% |
| Oracle (ORCL) | -3.8% |
Stock moves count dividends; the index is price only. Market values after 2024 are estimates.
‹ October 4, 1988 · Every October 5 · October 6, 1988 ›
Ask the Lab what came after a day like thisHistory, not advice. How these numbers are made.