The stock market on March 16, 1989
March 16, 1989, a Thursday. The S&P 500 rose 0.93% to close at 299.44. Of 6,021 US stocks that traded, 2,178 rose and 1,503 fell.
The S&P 500+0.93%closed at 299.44
How big a move#6,647of 24,799 trading days since 1928
$100 in the index since$2,573price only, to September 24, 2026
Stocks that rose2,178of 6,021; 1,503 fell
Biggest companyInternational Business Machines Corporationby market value that day
Last day of trading for2stocks
Biggest rises among the 500 largest companies
| W.R. Grace & Co. (GRA) | +9.4% |
| Flagstar Corp | +9.0% |
| Ethyl (NEU) | +5.8% |
Biggest falls among the 500 largest companies
| Fort James (FJ) | -2.9% |
| Ryder System (R) | -2.4% |
| TJX Companies, Inc. (The) (TJX) | -2.3% |
Stock moves count dividends; the index is price only. Market values after 2024 are estimates.
‹ March 15, 1989 · Every March 16 · March 17, 1989 ›
Ask the Lab what came after a day like thisHistory, not advice. How these numbers are made.