The stock market on May 12, 1989
May 12, 1989, a Friday. The S&P 500 rose 2.24% to close at 313.84. Of 5,985 US stocks that traded, 2,470 rose and 1,259 fell.
The S&P 500+2.24%closed at 313.84
How big a move#1,308of 24,799 trading days since 1928
$100 in the index since$2,455price only, to September 24, 2026
Stocks that rose2,470of 5,985; 1,259 fell
Biggest companyInternational Business Machines Corporationby market value that day
Last day of trading for4stocks
Biggest rises among the 500 largest companies
| American Express (AXP) | +7.1% |
| Emerson Electric (EMR) | +6.5% |
| Great Western Financial (GWF.) | +6.3% |
Biggest falls among the 500 largest companies
| Newmont Mining (NEM) | -5.7% |
| Homestake Mining (HM) | -2.8% |
| Newmont Gold Co (NGC) | -2.6% |
Stock moves count dividends; the index is price only. Market values after 2024 are estimates.
‹ May 11, 1989 · Every May 12 · May 15, 1989 ›
Ask the Lab what came after a day like thisHistory, not advice. How these numbers are made.