The stock market on October 18, 1988
October 18, 1988, a Tuesday. The S&P 500 rose 1.07% to close at 279.38. Of 6,143 US stocks that traded, 2,008 rose and 1,617 fell.
The S&P 500+1.07%closed at 279.38
How big a move#5,436of 24,799 trading days since 1928
$100 in the index since$2,758price only, to September 24, 2026
Stocks that rose2,008of 6,143; 1,617 fell
Biggest companyInternational Business Machines Corporationby market value that day
Last day of trading for5stocks
Biggest rises among the 500 largest companies
| Kraft General Foods | +46.8% |
| Gerber Products (GEB) | +8.2% |
| West Point Pepperell (WPM) | +6.0% |
Biggest falls among the 500 largest companies
| Warner-Lambert (WLA) | -5.5% |
| Altria Group (MO) | -4.5% |
| Parker-Hannifin (PH) | -3.8% |
Stock moves count dividends; the index is price only. Market values after 2024 are estimates.
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Ask the Lab what came after a day like thisHistory, not advice. How these numbers are made.