The stock market on December 9, 1988
December 9, 1988, a Friday. The S&P 500 rose 0.16% to close at 277.03. Of 6,093 US stocks that traded, 1,797 rose and 1,697 fell.
The S&P 500+0.16%closed at 277.03
How big a move#20,228of 24,799 trading days since 1928
$100 in the index since$2,781price only, to September 24, 2026
Stocks that rose1,797of 6,093; 1,697 fell
Biggest companyInternational Business Machines Corporationby market value that day
Last day of trading for2stocks
Biggest rises among the 500 largest companies
| Sonoco Products (SON) | +6.0% |
| Rhone-Poulenc Rorer (RPR) | +5.5% |
| KeySpan (KSE) | +4.3% |
Biggest falls among the 500 largest companies
| RiteAid (RAD) | -10.1% |
| Smithkline Beckman Corp (SKB) | -4.3% |
| Entergy (ETR) | -3.9% |
Stock moves count dividends; the index is price only. Market values after 2024 are estimates.
‹ December 8, 1988 · Every December 9 · December 12, 1988 ›
Ask the Lab what came after a day like thisHistory, not advice. How these numbers are made.