The stock market on October 28, 1988
October 28, 1988, a Friday. The S&P 500 rose 0.45% to close at 278.53. Of 6,149 US stocks that traded, 2,005 rose and 1,532 fell.
The S&P 500+0.45%closed at 278.53
How big a move#13,364of 24,799 trading days since 1928
$100 in the index since$2,766price only, to September 24, 2026
Stocks that rose2,005of 6,149; 1,532 fell
Biggest companyInternational Business Machines Corporationby market value that day
Last day of trading for5stocks
Biggest rises among the 500 largest companies
| Polaroid (PRDCQ) | +6.7% |
| Mca Inc. (MCA) | +6.2% |
| Black & Decker (BDK) | +5.2% |
Biggest falls among the 500 largest companies
| BankBoston (BKB) | -4.6% |
| Whirlpool (WHR) | -4.0% |
| Union Carbide | -3.3% |
Stock moves count dividends; the index is price only. Market values after 2024 are estimates.
‹ October 27, 1988 · Every October 28 · October 31, 1988 ›
Ask the Lab what came after a day like thisHistory, not advice. How these numbers are made.