The stock market on August 16, 1989
August 16, 1989, a Wednesday. The S&P 500 rose 0.28% to close at 345.66. Of 5,938 US stocks that traded, 1,838 rose and 1,753 fell.
The S&P 500+0.28%closed at 345.66
How big a move#17,104of 24,799 trading days since 1928
$100 in the index since$2,229price only, to September 24, 2026
Stocks that rose1,838of 5,938; 1,753 fell
Biggest companyInternational Business Machines Corporationby market value that day
Last day of trading for6stocks
Biggest rises among the 500 largest companies
| Alexander/Baldwn (ALEX) | +7.1% |
| Comdisco Holding Co Inc (CDCO) | +5.4% |
| Tandem Computers Inc (TDM.) | +5.1% |
Biggest falls among the 500 largest companies
| Berkshire Hathaway (BRK) | -10.5% |
| CA Technologies (CA) | -5.3% |
| Intel (INTC) | -4.5% |
Stock moves count dividends; the index is price only. Market values after 2024 are estimates.
‹ August 15, 1989 · Every August 16 · August 17, 1989 ›
Ask the Lab what came after a day like thisHistory, not advice. How these numbers are made.