The stock market on January 16, 1989
January 16, 1989, a Monday. The S&P 500 rose 0.10% to close at 284.14. Of 6,064 US stocks that traded, 1,773 rose and 1,795 fell.
The S&P 500+0.10%closed at 284.14
How big a move#21,977of 24,799 trading days since 1928
$100 in the index since$2,711price only, to September 24, 2026
Stocks that rose1,773of 6,064; 1,795 fell
Biggest companyInternational Business Machines Corporationby market value that day
Last day of trading for1stock
Biggest rises among the 500 largest companies
| Texas Eastern Corp | +48.8% |
| PanEnergy (PEL) | +3.9% |
| Transco Energy (E) | +3.6% |
Biggest falls among the 500 largest companies
| Eex Corp (EEX) | -3.8% |
| PepsiAmericas (WH) | -3.4% |
| Norfolk Southern (NSC) | -3.1% |
Stock moves count dividends; the index is price only. Market values after 2024 are estimates.
‹ January 13, 1989 · Every January 16 · January 17, 1989 ›
Ask the Lab what came after a day like thisHistory, not advice. How these numbers are made.