Sorry, I couldn't find pricing data for that day. The closing price for the S&P 500 (GSPC) on May 16, 1997 was $829.75. It was down 1.4% for the day. The latest price is $7,489.72.
| DATE | OPEN | HIGH | LOW | CLOSE | VOLUME |
|---|---|---|---|---|---|
May 16 1997 | $841.88 | $841.88 | $829.15 | $829.75 | 486,780,000 |
Daily pricing data for the S&P 500 dates back to 12/30/1927, and may be incomplete.