The stock market on December 29, 1988
December 29, 1988, a Thursday. The S&P 500 rose 0.84% to close at 279.40. Of 6,074 US stocks that traded, 2,286 rose and 1,360 fell.
The S&P 500+0.84%closed at 279.40
How big a move#7,609of 24,799 trading days since 1928
$100 in the index since$2,757price only, to September 24, 2026
Stocks that rose2,286of 6,074; 1,360 fell
Biggest companyInternational Business Machines Corporationby market value that day
Last day of trading for4stocks
Biggest rises among the 500 largest companies
| NL Industries, Inc. (NL) | +5.1% |
| Navistar International (NAV) | +5.0% |
| Viad Corp (VVI) | +4.7% |
Biggest falls among the 500 largest companies
| Wheelabrator Tech-Old (WHTI) | -3.7% |
| Sigma-Aldrich (SIAL) | -2.6% |
| Sara Lee (SLE) | -1.7% |
Stock moves count dividends; the index is price only. Market values after 2024 are estimates.
‹ December 28, 1988 · Every December 29 · December 30, 1988 ›
Ask the Lab what came after a day like thisHistory, not advice. How these numbers are made.