The stock market on December 5, 1988
December 5, 1988, a Monday. The S&P 500 rose 1.15% to close at 274.93. Of 6,103 US stocks that traded, 2,120 rose and 1,552 fell.
The S&P 500+1.15%closed at 274.93
How big a move#4,872of 24,799 trading days since 1928
$100 in the index since$2,802price only, to September 24, 2026
Stocks that rose2,120of 6,103; 1,552 fell
Biggest companyInternational Business Machines Corporationby market value that day
Last day of trading for7stocks
Biggest rises among the 500 largest companies
| Giant Food (GFS.A) | +6.0% |
| Oracle (ORCL) | +5.6% |
| American Homes 4 Rent (AMH) | +4.2% |
Biggest falls among the 500 largest companies
| KeySpan (KSE) | -9.8% |
| Delhaize America Inc | -5.1% |
| Tjx Companies Inc -old (TJX.) | -4.1% |
Stock moves count dividends; the index is price only. Market values after 2024 are estimates.
‹ December 2, 1988 · Every December 5 · December 6, 1988 ›
Ask the Lab what came after a day like thisHistory, not advice. How these numbers are made.