The stock market on January 4, 1989
January 4, 1989, a Wednesday. The S&P 500 rose 1.50% to close at 279.43. Of 6,064 US stocks that traded, 2,673 rose and 1,173 fell.
The S&P 500+1.50%closed at 279.43
How big a move#3,088of 24,799 trading days since 1928
$100 in the index since$2,757price only, to September 24, 2026
Stocks that rose2,673of 6,064; 1,173 fell
Biggest companyInternational Business Machines Corporationby market value that day
Last day of trading for1stock
Biggest rises among the 500 largest companies
| Freeport-McMoran (FTX) | +8.5% |
| Marion Merrell Dow Inc (MKC) | +7.9% |
| FedEx (FDX) | +6.5% |
Biggest falls among the 500 largest companies
| American Homes 4 Rent (AMH) | -3.7% |
| Newmont Gold Co (NGC) | -3.4% |
| Telerate Inc (TLR) | -3.2% |
Stock moves count dividends; the index is price only. Market values after 2024 are estimates.
‹ January 3, 1989 · Every January 4 · January 5, 1989 ›
Ask the Lab what came after a day like thisHistory, not advice. How these numbers are made.