The stock market on December 7, 1988
December 7, 1988, a Wednesday. The S&P 500 rose 0.19% to close at 278.13. Of 6,096 US stocks that traded, 1,852 rose and 1,736 fell.
The S&P 500+0.19%closed at 278.13
How big a move#19,199of 24,799 trading days since 1928
$100 in the index since$2,770price only, to September 24, 2026
Stocks that rose1,852of 6,096; 1,736 fell
Biggest companyInternational Business Machines Corporationby market value that day
Last day of trading for2stocks
Biggest rises among the 500 largest companies
| Black & Decker (BDK) | +5.3% |
| Texaco (TX) | +5.1% |
| Furniture Brands Intl Inc (FBNIQ) | +5.0% |
Biggest falls among the 500 largest companies
| Intergraph Corp (INGR.) | -14.6% |
| National Semiconductor (NSM) | -4.0% |
| MCI Communications (MCIC.) | -3.6% |
Stock moves count dividends; the index is price only. Market values after 2024 are estimates.
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Ask the Lab what came after a day like thisHistory, not advice. How these numbers are made.