The stock market on October 7, 1988
October 7, 1988, a Friday. The S&P 500 rose 2.09% to close at 278.07. Of 6,145 US stocks that traded, 2,180 rose and 1,527 fell.
The S&P 500+2.09%closed at 278.07
How big a move#1,540of 24,799 trading days since 1928
$100 in the index since$2,771price only, to September 24, 2026
Stocks that rose2,180of 6,145; 1,527 fell
Biggest companyInternational Business Machines Corporationby market value that day
Last day of trading for2stocks
Biggest rises among the 500 largest companies
| Dow Jones (DJ) | +7.0% |
| First Boston Inc (FBC) | +6.3% |
| Campbell Soup (CPB) | +5.7% |
Biggest falls among the 500 largest companies
| Sun Microsystems (SUNW) | -9.1% |
| Intel (INTC) | -6.6% |
| Aflac (AFL) | -2.8% |
Stock moves count dividends; the index is price only. Market values after 2024 are estimates.
‹ October 6, 1988 · Every October 7 · October 10, 1988 ›
Ask the Lab what came after a day like thisHistory, not advice. How these numbers are made.