A Historic Plunge: The Stock Market Crash of 1987
On October 19, 1987, the Dow Jones Industrial Average (DJIA) experienced a catastrophic plunge, dropping nearly 23 percent in a single day. This unprecedented decline, often referred to as “Black Monday,” marked the largest one-day percentage drop in the history of the stock market and sent shockwaves through global financial systems. The events of that […]
Reagan’s “Tear Down This Wall” Speech
President Ronald Reagan made one of the most iconic speeches of the Cold War near the Berlin Wall on June 12, 1987, challenging Soviet leader Mikhail Gorbachev to “tear down this wall.” His address highlighted the ideological and physical divisions between East and West Berlin, which had come to symbolize the broader conflict between communist […]
Remembrance Day Bombing in Enniskillen
Tragically, on this day in 1987, a bombing occurred during a Remembrance Day ceremony in Enniskillen, Northern Ireland. The attack claimed the lives of twelve people and injured many others, underscoring the challenges faced during the Troubles and highlighting the importance of peace efforts.
Black Monday
On this day, global financial markets plummeted, experiencing one of the most devastating crashes in history. Known as Black Monday, this event sent shockwaves through the global economy, reshaping financial regulations and investment strategies for years to come.
Pope John Paul II
Pope John Paul II arrived in Miami, where he was welcomed by President Ronald Reagan and first lady Nancy Reagan as he began a 10-day tour of the United States.