The stock market on February 28, 1989
February 28, 1989, a Tuesday. The S&P 500 rose 0.36% to close at 288.86. Of 6,028 US stocks that traded, 2,193 rose and 1,493 fell.
The S&P 500+0.36%closed at 288.86
How big a move#15,167of 24,799 trading days since 1928
$100 in the index since$2,667price only, to September 24, 2026
Stocks that rose2,193of 6,028; 1,493 fell
Biggest companyInternational Business Machines Corporationby market value that day
Last day of trading for4stocks
Biggest rises among the 500 largest companies
| Avon Products (AVP) | +9.1% |
| Tri Star Pictures Inc (TRSP) | +6.3% |
| Gap, Inc. (The) (GPS) | +5.7% |
Biggest falls among the 500 largest companies
| Sun Microsystems (SUNW) | -4.7% |
| DirecTV (GMH) | -4.5% |
| Burlington Resources (BR) | -3.4% |
Stock moves count dividends; the index is price only. Market values after 2024 are estimates.
‹ February 27, 1989 · Every February 28 · March 1, 1989 ›
Ask the Lab what came after a day like thisHistory, not advice. How these numbers are made.