The stock market on October 16, 1989
October 16, 1989, a Monday. The S&P 500 rose 2.76% to close at 342.85. Of 5,878 US stocks that traded, 1,160 rose and 3,483 fell.
The S&P 500+2.76%closed at 342.85
How big a move#821of 24,799 trading days since 1928
$100 in the index since$2,247price only, to September 24, 2026
Stocks that rose1,160of 5,878; 3,483 fell
Biggest companyInternational Business Machines Corporationby market value that day
Last day of trading for2stocks
Biggest rises among the 500 largest companies
| ConAgra Foods (CAG) | +15.2% |
| Tandem Computers Inc (TDM.) | +13.1% |
| Citicorp | +12.1% |
Biggest falls among the 500 largest companies
| American Airlines Group (AMR) | -22.4% |
| Ual Corp. (UAL) | -20.3% |
| Brunswick (BC) | -4.7% |
Stock moves count dividends; the index is price only. Market values after 2024 are estimates.
‹ October 13, 1989 · Every October 16 · October 17, 1989 ›
Ask the Lab what came after a day like thisHistory, not advice. How these numbers are made.