The stock market on February 7, 1989
February 7, 1989, a Tuesday. The S&P 500 rose 1.21% to close at 299.63. Of 6,047 US stocks that traded, 2,336 rose and 1,374 fell.
The S&P 500+1.21%closed at 299.63
How big a move#4,484of 24,799 trading days since 1928
$100 in the index since$2,571price only, to September 24, 2026
Stocks that rose2,336of 6,047; 1,374 fell
Biggest companyInternational Business Machines Corporationby market value that day
Last day of trading for4stocks
Biggest rises among the 500 largest companies
| Emhart Corp (EMH) | +8.8% |
| Union Carbide | +7.6% |
| Fibreboard Corporation (FBO) | +7.5% |
Biggest falls among the 500 largest companies
| Burlington Resources (BR) | -5.6% |
| Arco Chemical Co (RCM) | -2.3% |
| Delhaize America Inc | -2.3% |
Stock moves count dividends; the index is price only. Market values after 2024 are estimates.
‹ February 6, 1989 · Every February 7 · February 8, 1989 ›
Ask the Lab what came after a day like thisHistory, not advice. How these numbers are made.