The stock market on August 7, 1989
August 7, 1989, a Monday. The S&P 500 rose 1.60% to close at 349.41. Of 5,940 US stocks that traded, 2,251 rose and 1,382 fell.
The S&P 500+1.60%closed at 349.41
How big a move#2,708of 24,799 trading days since 1928
$100 in the index since$2,205price only, to September 24, 2026
Stocks that rose2,251of 5,940; 1,382 fell
Biggest companyInternational Business Machines Corporationby market value that day
Last day of trading for4stocks
Biggest rises among the 500 largest companies
| Ual Corp. (UAL) | +28.1% |
| Turner Broadcasting (TBS.B) | +7.4% |
| AbitibiBowater (BOW) | +7.2% |
Biggest falls among the 500 largest companies
| Bear Stearns (BSC) | -2.9% |
| Mca Inc. (MCA) | -2.5% |
| Allergan (AGN) | -2.5% |
Stock moves count dividends; the index is price only. Market values after 2024 are estimates.
‹ August 4, 1989 · Every August 7 · August 8, 1989 ›
Ask the Lab what came after a day like thisHistory, not advice. How these numbers are made.