The stock market on May 3, 1989
May 3, 1989, a Wednesday. The S&P 500 rose 0.01% to close at 308.16. Of 5,988 US stocks that traded, 1,759 rose and 1,829 fell.
The S&P 500+0.01%closed at 308.16
How big a move#24,249of 24,799 trading days since 1928
$100 in the index since$2,500price only, to September 24, 2026
Stocks that rose1,759of 5,988; 1,829 fell
Biggest companyInternational Business Machines Corporationby market value that day
Last day of trading for1stock
Biggest rises among the 500 largest companies
| Avon Products (AVP) | +14.8% |
| Johnson Controls (JCI) | +13.7% |
| AbitibiBowater (BOW) | +8.6% |
Biggest falls among the 500 largest companies
| Aflac (AFL) | -3.5% |
| Manufactures Hanover (MHC) | -3.5% |
| Covanta Energy Corp (CVGYQ) | -3.5% |
Stock moves count dividends; the index is price only. Market values after 2024 are estimates.
‹ May 2, 1989 · Every May 3 · May 4, 1989 ›
Ask the Lab what came after a day like thisHistory, not advice. How these numbers are made.