The stock market on March 17, 1989
March 17, 1989, a Friday. The S&P 500 fell 2.25% to close at 292.69. Of 6,019 US stocks that traded, 851 rose and 3,160 fell.
The S&P 500-2.25%closed at 292.69
How big a move#1,296of 24,799 trading days since 1928
$100 in the index since$2,632price only, to September 24, 2026
Stocks that rose851of 6,019; 3,160 fell
Biggest companyInternational Business Machines Corporationby market value that day
Last day of trading for2stocks
Biggest rises among the 500 largest companies
| J.P. Morgan Chase & Co. (CMB) | +3.8% |
| First Chicago Corp (FNB.) | +3.3% |
| Hilton Worldwide Holdings (HLT) | +3.3% |
Biggest falls among the 500 largest companies
| Microsoft (MSFT) | -9.3% |
| Tandem Computers Inc (TDM.) | -6.8% |
| Navistar International (NAV) | -6.0% |
Stock moves count dividends; the index is price only. Market values after 2024 are estimates.
‹ March 16, 1989 · Every March 17 · March 20, 1989 ›
Ask the Lab what came after a day like thisHistory, not advice. How these numbers are made.