The stock market on December 23, 1988
December 23, 1988, a Friday. The S&P 500 rose 0.36% to close at 277.87. Of 6,078 US stocks that traded, 2,006 rose and 1,454 fell.
The S&P 500+0.36%closed at 277.87
How big a move#15,171of 24,799 trading days since 1928
$100 in the index since$2,773price only, to September 24, 2026
Stocks that rose2,006of 6,078; 1,454 fell
Biggest companyInternational Business Machines Corporationby market value that day
Last day of trading for1stock
Biggest rises among the 500 largest companies
| Fortune Brands (FO) | +17.6% |
| Lockheed Martin (LMT) | +6.9% |
| Viacom Inc (VIA) | +6.8% |
Biggest falls among the 500 largest companies
| Navistar International (NAV) | -2.5% |
| Willamette Industries (WLL) | -2.2% |
| Liz Claiborne (LIZ) | -2.1% |
Stock moves count dividends; the index is price only. Market values after 2024 are estimates.
‹ December 22, 1988 · Every December 23 · December 27, 1988 ›
Ask the Lab what came after a day like thisHistory, not advice. How these numbers are made.