The stock market on January 9, 1989
January 9, 1989, a Monday. The S&P 500 rose 0.11% to close at 280.98. Of 6,069 US stocks that traded, 1,935 rose and 1,808 fell.
The S&P 500+0.11%closed at 280.98
How big a move#21,555of 24,799 trading days since 1928
$100 in the index since$2,742price only, to September 24, 2026
Stocks that rose1,935of 6,069; 1,808 fell
Biggest companyInternational Business Machines Corporationby market value that day
Last day of trading for2stocks
Biggest rises among the 500 largest companies
| Lockheed Martin (LMT) | +5.6% |
| Bank of America Corp. (BAC) | +5.1% |
| Oryx Energy Company (ORX) | +4.7% |
Biggest falls among the 500 largest companies
| Gap, Inc. (The) (GPS) | -5.5% |
| Polaroid (PRDCQ) | -4.9% |
| Transco Energy (E) | -4.2% |
Stock moves count dividends; the index is price only. Market values after 2024 are estimates.
‹ January 6, 1989 · Every January 9 · January 10, 1989 ›
Ask the Lab what came after a day like thisHistory, not advice. How these numbers are made.