The stock market on December 19, 1988
December 19, 1988, a Monday. The S&P 500 rose 0.95% to close at 278.91. Of 6,088 US stocks that traded, 1,857 rose and 1,720 fell.
The S&P 500+0.95%closed at 278.91
How big a move#6,498of 24,799 trading days since 1928
$100 in the index since$2,762price only, to September 24, 2026
Stocks that rose1,857of 6,088; 1,720 fell
Biggest companyInternational Business Machines Corporationby market value that day
Last day of trading for3stocks
Biggest rises among the 500 largest companies
| Transitional Hospitals Cp (THY) | +6.5% |
| Affiliated Pubns (AFP) | +5.9% |
| Pillsbury Co | +5.0% |
Biggest falls among the 500 largest companies
| DirecTV (GMH) | -5.1% |
| Northrop Grumman (NOC) | -4.4% |
| Unocal Exploration Corp (UXC) | -2.9% |
Stock moves count dividends; the index is price only. Market values after 2024 are estimates.
‹ December 16, 1988 · Every December 19 · December 20, 1988 ›
Ask the Lab what came after a day like thisHistory, not advice. How these numbers are made.