The stock market on December 20, 1988
December 20, 1988, a Tuesday. The S&P 500 fell 0.52% to close at 277.47. Of 6,087 US stocks that traded, 1,700 rose and 1,893 fell.
The S&P 500-0.52%closed at 277.47
How big a move#12,187of 24,799 trading days since 1928
$100 in the index since$2,777price only, to September 24, 2026
Stocks that rose1,700of 6,087; 1,893 fell
Biggest companyInternational Business Machines Corporationby market value that day
Last day of trading for3stocks
Biggest rises among the 500 largest companies
| PepsiAmericas (WH) | +13.5% |
| United Artists Ent -cl A (UAECA) | +4.9% |
| V.F. Corporation (VFC) | +4.3% |
Biggest falls among the 500 largest companies
| First Fidelity Bancorp. (FFB) | -6.3% |
| Mercantile Stores (MST.) | -4.0% |
| National Semiconductor (NSM) | -3.9% |
Stock moves count dividends; the index is price only. Market values after 2024 are estimates.
‹ December 19, 1988 · Every December 20 · December 21, 1988 ›
Ask the Lab what came after a day like thisHistory, not advice. How these numbers are made.