The stock market on May 17, 1989
May 17, 1989, a Wednesday. The S&P 500 rose 0.70% to close at 317.48. Of 5,981 US stocks that traded, 2,141 rose and 1,468 fell.
The S&P 500+0.70%closed at 317.48
How big a move#9,313of 24,799 trading days since 1928
$100 in the index since$2,427price only, to September 24, 2026
Stocks that rose2,141of 5,981; 1,468 fell
Biggest companyInternational Business Machines Corporationby market value that day
Biggest rises among the 500 largest companies
| Holiday Corp. (HIA) | +8.1% |
| Hilton Worldwide Holdings (HLT) | +7.5% |
| Sun Microsystems (SUNW) | +5.2% |
Biggest falls among the 500 largest companies
| S&P Global (MHP) | -7.7% |
| Cray Research (CYR) | -4.3% |
| Newmont Gold Co (NGC) | -3.7% |
Stock moves count dividends; the index is price only. Market values after 2024 are estimates.
‹ May 16, 1989 · Every May 17 · May 18, 1989 ›
Ask the Lab what came after a day like thisHistory, not advice. How these numbers are made.