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HEADLINES ON August 24, 1987
Full News Archive
- Headline: Dow Jones Approaches Historic 3,000 Mark. Impact: As the Dow approached 3,000, it sparked a frenzy of speculation that led to the dot-com bubble. Countless investors bought into the hype, and in a twist of fate, the phrase 'irrational exuberance' became a staple in financial circles, inspiring countless memes and late-night jokes about stock market crashes.. Fact: Did you know that the Dow crossing 3,000 was like a toddler learning to walk? Full of excitement, but ultimately just waiting to crash face-first into reality..
Wall Street Time Machine
AAPL
Apple
Apple - If you invested $1,000 in 1987, it would be worth $1,945,817 today (1945.8x return)
MSFT
Microsoft
Microsoft - If you invested $1,000 in 1987, it would be worth $4,778,667 today (4778.7x return)
INTC
Intel
Intel - If you invested $1,000 in 1987, it would be worth $146,978 today (147.0x return)