The stock market on November 23, 1988
November 23, 1988, a Wednesday. The S&P 500 rose 0.67% to close at 269.00. Of 6,115 US stocks that traded, 2,060 rose and 1,538 fell.
The S&P 500+0.67%closed at 269.00
How big a move#9,707of 24,799 trading days since 1928
$100 in the index since$2,864price only, to September 24, 2026
Stocks that rose2,060of 6,115; 1,538 fell
Biggest companyInternational Business Machines Corporationby market value that day
Biggest rises among the 500 largest companies
| MCI Communications (MCIC.) | +8.9% |
| Phelps Dodge (PD) | +5.6% |
| Ual Corp. (UAL) | +5.2% |
Biggest falls among the 500 largest companies
| Dover (DOV) | -2.7% |
| V.F. Corporation (VFC) | -2.6% |
| Navistar International (NAV) | -2.4% |
Stock moves count dividends; the index is price only. Market values after 2024 are estimates.
‹ November 22, 1988 · Every November 23 · November 25, 1988 ›
Ask the Lab what came after a day like thisHistory, not advice. How these numbers are made.