The stock market on June 28, 1989
June 28, 1989, a Wednesday. The S&P 500 fell 0.80% to close at 325.81. Of 5,947 US stocks that traded, 1,244 rose and 2,389 fell.
The S&P 500-0.80%closed at 325.81
How big a move#8,019of 24,799 trading days since 1928
$100 in the index since$2,365price only, to September 24, 2026
Stocks that rose1,244of 5,947; 2,389 fell
Biggest companyInternational Business Machines Corporationby market value that day
Last day of trading for3stocks
Biggest rises among the 500 largest companies
| Paramount Communications Inc (PCI) | +5.7% |
| Baker Hughes (BKR) | +5.3% |
| Halliburton (HAL) | +5.0% |
Biggest falls among the 500 largest companies
| Sun Microsystems (SUNW) | -4.9% |
| Northrop Grumman (NOC) | -4.6% |
| Wells Fargo (WFC) | -3.9% |
Stock moves count dividends; the index is price only. Market values after 2024 are estimates.
‹ June 27, 1989 · Every June 28 · June 29, 1989 ›
Ask the Lab what came after a day like thisHistory, not advice. How these numbers are made.