The stock market on December 28, 1988
December 28, 1988, a Wednesday. The S&P 500 rose 0.09% to close at 277.08. Of 6,077 US stocks that traded, 1,827 rose and 1,691 fell.
The S&P 500+0.09%closed at 277.08
How big a move#22,112of 24,799 trading days since 1928
$100 in the index since$2,780price only, to September 24, 2026
Stocks that rose1,827of 6,077; 1,691 fell
Biggest companyInternational Business Machines Corporationby market value that day
Last day of trading for2stocks
Biggest rises among the 500 largest companies
| Quantum Chemical (CUE) | +21.1% |
| Georgia Gulf (GGC) | +5.9% |
| Reebok International (RBK) | +5.9% |
Biggest falls among the 500 largest companies
| Fortune Brands (FO) | -4.0% |
| KeySpan (KSE) | -3.8% |
| Aflac (AFL) | -3.6% |
Stock moves count dividends; the index is price only. Market values after 2024 are estimates.
‹ December 27, 1988 · Every December 28 · December 29, 1988 ›
Ask the Lab what came after a day like thisHistory, not advice. How these numbers are made.