The stock market on May 31, 1989
May 31, 1989, a Wednesday. The S&P 500 rose 0.46% to close at 320.52. Of 5,972 US stocks that traded, 2,108 rose and 1,547 fell.
The S&P 500+0.46%closed at 320.52
How big a move#13,161of 24,799 trading days since 1928
$100 in the index since$2,404price only, to September 24, 2026
Stocks that rose2,108of 5,972; 1,547 fell
Biggest companyInternational Business Machines Corporationby market value that day
Last day of trading for3stocks
Biggest rises among the 500 largest companies
| Bank of America Corp. (BAC) | +5.3% |
| Tandem Computers Inc (TDM.) | +5.0% |
| Kroger (KR) | +5.0% |
Biggest falls among the 500 largest companies
| Time Warner (TWX) | -5.9% |
| Navistar International (NAV) | -4.7% |
| Sun Microsystems (SUNW) | -3.3% |
Stock moves count dividends; the index is price only. Market values after 2024 are estimates.
‹ May 30, 1989 · Every May 31 · June 1, 1989 ›
Ask the Lab what came after a day like thisHistory, not advice. How these numbers are made.