The stock market on May 8, 1989
May 8, 1989, a Monday. The S&P 500 fell 0.52% to close at 306.00. Of 5,988 US stocks that traded, 1,381 rose and 2,293 fell.
The S&P 500-0.52%closed at 306.00
How big a move#12,072of 24,799 trading days since 1928
$100 in the index since$2,518price only, to September 24, 2026
Stocks that rose1,381of 5,988; 2,293 fell
Biggest companyInternational Business Machines Corporationby market value that day
Last day of trading for3stocks
Biggest rises among the 500 largest companies
| Viacom Inc (VIA) | +5.3% |
| Pharmacia (PNU) | +4.9% |
| Oracle (ORCL) | +3.6% |
Biggest falls among the 500 largest companies
| Brown Forman Cp (BF) | -4.4% |
| Wang Labs Inc (WANG) | -4.2% |
| Johnson Controls (JCI) | -4.2% |
Stock moves count dividends; the index is price only. Market values after 2024 are estimates.
‹ May 5, 1989 · Every May 8 · May 9, 1989 ›
Ask the Lab what came after a day like thisHistory, not advice. How these numbers are made.