The stock market on December 16, 1988
December 16, 1988, a Friday. The S&P 500 rose 0.73% to close at 276.29. Of 6,089 US stocks that traded, 2,315 rose and 1,341 fell.
The S&P 500+0.73%closed at 276.29
How big a move#8,847of 24,799 trading days since 1928
$100 in the index since$2,788price only, to September 24, 2026
Stocks that rose2,315of 6,089; 1,341 fell
Biggest companyInternational Business Machines Corporationby market value that day
Last day of trading for4stocks
Biggest rises among the 500 largest companies
| Telerate Inc (TLR) | +8.0% |
| Shearson Lehman Bros Hldg | +7.2% |
| Liz Claiborne (LIZ) | +6.5% |
Biggest falls among the 500 largest companies
| Tri Star Pictures Inc (TRSP) | -3.3% |
| DirecTV (GMH) | -2.3% |
| U S Shoe Corp (USR) | -2.1% |
Stock moves count dividends; the index is price only. Market values after 2024 are estimates.
‹ December 15, 1988 · Every December 16 · December 19, 1988 ›
Ask the Lab what came after a day like thisHistory, not advice. How these numbers are made.