The stock market on March 7, 1989
March 7, 1989, a Tuesday. The S&P 500 fell 0.32% to close at 293.87. Of 6,024 US stocks that traded, 1,780 rose and 1,888 fell.
The S&P 500-0.32%closed at 293.87
How big a move#16,127of 24,799 trading days since 1928
$100 in the index since$2,622price only, to September 24, 2026
Stocks that rose1,780of 6,024; 1,888 fell
Biggest companyInternational Business Machines Corporationby market value that day
Last day of trading for2stocks
Biggest rises among the 500 largest companies
| Time Warner (TWX) | +8.6% |
| Hasbro (HAS) | +8.2% |
| Aristech Chemical Corp (ARS) | +6.5% |
Biggest falls among the 500 largest companies
| Microsoft (MSFT) | -13.7% |
| Wachovia Corp. (FTU) | -5.0% |
| Wheelabrator Tech-Old (WHTI) | -3.5% |
Stock moves count dividends; the index is price only. Market values after 2024 are estimates.
‹ March 6, 1989 · Every March 7 · March 8, 1989 ›
Ask the Lab what came after a day like thisHistory, not advice. How these numbers are made.