The stock market on February 1, 1989
February 1, 1989, a Wednesday. The S&P 500 fell 0.13% to close at 297.09. Of 6,051 US stocks that traded, 1,921 rose and 1,738 fell.
The S&P 500-0.13%closed at 297.09
How big a move#21,039of 24,799 trading days since 1928
$100 in the index since$2,593price only, to September 24, 2026
Stocks that rose1,921of 6,051; 1,738 fell
Biggest companyInternational Business Machines Corporationby market value that day
Last day of trading for2stocks
Biggest rises among the 500 largest companies
| Sun Microsystems (SUNW) | +5.3% |
| Compaq Computer (CPQ) | +5.0% |
| West Point Pepperell (WPM) | +4.9% |
Biggest falls among the 500 largest companies
| U S Shoe Corp (USR) | -4.8% |
| Illinova Corp (ILN) | -3.6% |
| Unocal Exploration Corp (UXC) | -3.4% |
Stock moves count dividends; the index is price only. Market values after 2024 are estimates.
‹ January 31, 1989 · Every February 1 · February 2, 1989 ›
Ask the Lab what came after a day like thisHistory, not advice. How these numbers are made.