The stock market on February 16, 1989
February 16, 1989, a Thursday. The S&P 500 rose 0.19% to close at 294.81. Of 6,034 US stocks that traded, 1,984 rose and 1,558 fell.
The S&P 500+0.19%closed at 294.81
How big a move#19,221of 24,799 trading days since 1928
$100 in the index since$2,613price only, to September 24, 2026
Stocks that rose1,984of 6,034; 1,558 fell
Biggest companyInternational Business Machines Corporationby market value that day
Biggest rises among the 500 largest companies
| Gap, Inc. (The) (GPS) | +6.0% |
| Newmont Mining (NEM) | +5.9% |
| First Executive Corp (FEXC) | +5.7% |
Biggest falls among the 500 largest companies
| Liz Claiborne (LIZ) | -3.3% |
| ConAgra Foods (CAG) | -3.2% |
| Rohm & Haas (ROH) | -2.8% |
Stock moves count dividends; the index is price only. Market values after 2024 are estimates.
‹ February 15, 1989 · Every February 16 · February 17, 1989 ›
Ask the Lab what came after a day like thisHistory, not advice. How these numbers are made.