The stock market on February 9, 1989
February 9, 1989, a Thursday. The S&P 500 fell 0.87% to close at 296.06. Of 6,045 US stocks that traded, 1,451 rose and 2,232 fell.
The S&P 500-0.87%closed at 296.06
How big a move#7,259of 24,799 trading days since 1928
$100 in the index since$2,602price only, to September 24, 2026
Stocks that rose1,451of 6,045; 2,232 fell
Biggest companyInternational Business Machines Corporationby market value that day
Last day of trading for2stocks
Biggest rises among the 500 largest companies
| Genentech Inc (DNA) | +8.7% |
| Union Texas Petro Hldgs Inc (UTH.) | +7.6% |
| Kerr-McGee (KMG) | +5.6% |
Biggest falls among the 500 largest companies
| Shearson Lehman Bros Hldg | -4.2% |
| Hewlett-Packard (HWP) | -4.1% |
| Pe Corp-Pe Biosy (PEB) | -4.0% |
Stock moves count dividends; the index is price only. Market values after 2024 are estimates.
‹ February 8, 1989 · Every February 9 · February 10, 1989 ›
Ask the Lab what came after a day like thisHistory, not advice. How these numbers are made.