The stock market on October 27, 1988
October 27, 1988, a Thursday. The S&P 500 fell 1.46% to close at 277.28. Of 6,147 US stocks that traded, 1,073 rose and 2,739 fell.
The S&P 500-1.46%closed at 277.28
How big a move#3,254of 24,799 trading days since 1928
$100 in the index since$2,778price only, to September 24, 2026
Stocks that rose1,073of 6,147; 2,739 fell
Biggest companyInternational Business Machines Corporationby market value that day
Last day of trading for1stock
Biggest rises among the 500 largest companies
| General Motors (GM) | +3.7% |
| Rhone-Poulenc Rorer (RPR) | +3.6% |
| Reynolds Metals (RLM) | +2.5% |
Biggest falls among the 500 largest companies
| Raychem Corp (RYC.) | -8.3% |
| West Point Pepperell (WPM) | -7.0% |
| Furniture Brands Intl Inc (FBNIQ) | -5.9% |
Stock moves count dividends; the index is price only. Market values after 2024 are estimates.
‹ October 26, 1988 · Every October 27 · October 28, 1988 ›
Ask the Lab what came after a day like thisHistory, not advice. How these numbers are made.