The stock market on December 2, 1988
December 2, 1988, a Friday. The S&P 500 fell 0.25% to close at 271.81. Of 6,104 US stocks that traded, 1,646 rose and 1,982 fell.
The S&P 500-0.25%closed at 271.81
How big a move#17,734of 24,799 trading days since 1928
$100 in the index since$2,834price only, to September 24, 2026
Stocks that rose1,646of 6,104; 1,982 fell
Biggest companyInternational Business Machines Corporationby market value that day
Last day of trading for4stocks
Biggest rises among the 500 largest companies
| Kimberly-Clark (KMB) | +5.4% |
| New York Times (NYT) | +5.3% |
| Affiliated Pubns (AFP) | +5.0% |
Biggest falls among the 500 largest companies
| KeySpan (KSE) | -3.9% |
| Tri Star Pictures Inc (TRSP) | -3.2% |
| Paccar (PCAR) | -2.9% |
Stock moves count dividends; the index is price only. Market values after 2024 are estimates.
‹ December 1, 1988 · Every December 2 · December 5, 1988 ›
Ask the Lab what came after a day like thisHistory, not advice. How these numbers are made.