The stock market on June 2, 1989
June 2, 1989, a Friday. The S&P 500 rose 1.10% to close at 325.52. Of 5,968 US stocks that traded, 2,290 rose and 1,400 fell.
The S&P 500+1.10%closed at 325.52
How big a move#5,213of 24,799 trading days since 1928
$100 in the index since$2,367price only, to September 24, 2026
Stocks that rose2,290of 5,968; 1,400 fell
Biggest companyInternational Business Machines Corporationby market value that day
Last day of trading for3stocks
Biggest rises among the 500 largest companies
| United States Cellular Corporation (USM) | +5.1% |
| Chemical Banking Corporation (CMB) | +5.0% |
| L Brands (LTD) | +4.9% |
Biggest falls among the 500 largest companies
| Sun Microsystems (SUNW) | -7.2% |
| Time Warner (TWX) | -3.2% |
| Tandem Computers Inc (TDM.) | -3.2% |
Stock moves count dividends; the index is price only. Market values after 2024 are estimates.
‹ June 1, 1989 · Every June 2 · June 5, 1989 ›
Ask the Lab what came after a day like thisHistory, not advice. How these numbers are made.