The stock market on December 8, 1988
December 8, 1988, a Thursday. The S&P 500 fell 0.55% to close at 276.59. Of 6,095 US stocks that traded, 1,447 rose and 2,091 fell.
The S&P 500-0.55%closed at 276.59
How big a move#11,526of 24,799 trading days since 1928
$100 in the index since$2,785price only, to September 24, 2026
Stocks that rose1,447of 6,095; 2,091 fell
Biggest companyInternational Business Machines Corporationby market value that day
Last day of trading for4stocks
Biggest rises among the 500 largest companies
| Smithkline Beckman Corp (SKB) | +9.4% |
| IKON Office Solutions (IKN) | +9.3% |
| C&s/sovran (CVN) | +4.5% |
Biggest falls among the 500 largest companies
| Northrop Grumman (NOC) | -5.7% |
| Rhone-Poulenc Rorer (RPR) | -5.4% |
| Unisys (UIS) | -4.3% |
Stock moves count dividends; the index is price only. Market values after 2024 are estimates.
‹ December 7, 1988 · Every December 8 · December 9, 1988 ›
Ask the Lab what came after a day like thisHistory, not advice. How these numbers are made.