Breakthroughs and everyday innovations from the year.
HEADLINES ON August 25, 1987
Full News Archive
- Headline: Dow Jones Awaits 3,000 Milestone. Impact: As investors gazed at the Dow nearing 3,000, a few might have thought it was a sign of prosperity. Little did they know, this would set off an inflationary chain reaction that would lead to market crashes, economic booms, and the eventual creation of avocado toast as a symbol of millennial spending habits. Thanks, Dow!. Fact: Did you know the Dow hitting 3,000 was considered a huge deal back then? Now we just ignore it while we scroll through TikTok, proving that history truly is a fickle friend..
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)