AUGUST 11, 1988

THURSDAY
$1,000 INVESTED IN COKE STOCK (KO) IN 1988
WOULD HAVE MADE YOU $49,093 IN THE 2025 DATASET
Min_Wage_Hourly: $3.66
Median_Home_Price: $72,720.00
Gas_Price_Avg: $1.17
Bread_Price_Avg: $0.66
Movie_Ticket_Avg: $3.93
First_Class_Stamp: $0.23
Milk_Price_Avg: $2.65
Top Movies From 1988
1 Rain Man
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Rain Man
2 Who Framed Roger Rabbit
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Who Framed Roger Rabbit
3 Coming to America
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Coming to America
4 Big
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Big
5 Twins
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Twins
6 Crocodile Dundee II
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Crocodile Dundee II
7 Die Hard
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Die Hard
8 The Naked Gun: From the Files of Police Squad!
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The Naked Gun: From the Files of Police Squad!
9 Cocktail
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Cocktail
10 Beetlejuice
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Beetlejuice
The Serpent and the Rainbow
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The Serpent and the Rainbow
For Keeps
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For Keeps
Cop
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Cop
Return of the Living Dead Part II
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Return of the Living Dead Part II
She's Having a Baby
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She's Having a Baby
Action Jackson
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Action Jackson
Frantic
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Frantic
Shoot to Kill
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Shoot to Kill
Hairspray
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Hairspray
Bloodsport
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Bloodsport
Police Academy 5: Assignment Miami Beach
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Police Academy 5: Assignment Miami Beach
Biloxi Blues
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Biloxi Blues
Johnny Be Good
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Johnny Be Good
Masquerade
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Masquerade
Above the Law
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Above the Law
Critters 2
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Critters 2
18 Again!
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18 Again!
Colors
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Colors
Willow
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Willow
Rambo III
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Rambo III
Killer Klowns from Outer Space
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Killer Klowns from Outer Space
Friday the 13th Part VII: The New Blood
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Friday the 13th Part VII: The New Blood
Red Heat
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Red Heat
The Great Outdoors
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The Great Outdoors
The Dead Pool
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The Dead Pool
Midnight Run
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Midnight Run
The Blob
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The Blob
Pumpkinhead
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Pumpkinhead
Bird
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Bird
The Running Man
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The Running Man
Planes, Trains and Automobiles
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Planes, Trains and Automobiles
Three Men and a Baby
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Three Men and a Baby
Empire of the Sun
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Empire of the Sun
Wall Street
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Wall Street
Throw Momma from the Train
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Throw Momma from the Train
Broadcast News
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Broadcast News
Moonstruck
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Moonstruck
August 11, 1988 Trivia
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Television On August 11, 1988
The Story of August 11, 1988

On August 11, 1988, the Dow Jones Industrial Average experienced a notable drop of 44.

Inventions & Breakthroughs of August 1988

Gadgets, lab surprises, odd bets, and future-shocks from this slice of the calendar.

1 Internet Worm
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Internet Worm
2 Portable Laptop Computer
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Portable Laptop Computer
3 Digital Video Compression Concept
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Digital Video Compression Concept
4 Global Positioning System Civilian Access
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Global Positioning System Civilian Access
5 Medical Imaging PACS Systems
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Medical Imaging PACS Systems
6 Touchscreen Interface Prototype
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Touchscreen Interface Prototype
7 Digital Signal Processor Expansion
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Digital Signal Processor Expansion
8 Automated Speech Recognition Systems
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Automated Speech Recognition Systems
9 Electronic Mail Client Software
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Electronic Mail Client Software
10 Reusable Launch Vehicle Studies
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Reusable Launch Vehicle Studies

The Sounds of

Popular recordings and roots/country selections associated with the year

HEADLINES ON August 11, 1988

Full News Archive

  • Headline: Learn About Brooklyn's Cheer Culture. Impact: The rise of the 'Cheers' phenomenon led to an unexpected boost in the karaoke industry, turning dimly lit bars into battlegrounds of off-key renditions, ultimately leading to the rise of reality singing competitions. Who knew that clapping could unleash a torrent of pitchy talent on TV?. Fact: Did you know that clapping was once considered a revolutionary form of communication? Now it’s just a polite way to signal the end of your patience..
  • Headline: Dow Jones Drops Significantly on Market Slide. Impact: The Dow's drop created a chain reaction that scared millions into hiding their money under mattresses. This eventually led to a surge in home invasions and, ironically, a booming business in mattress production. Thanks, stocks!. Fact: Did you know that a 44.99 drop in the Dow means you could have bought a fancy dinner instead? Priorities, people!.
  • Headline: Escape from California's Ancient Combat. Impact: The quest for escape from California led to a mass migration of aspiring screenwriters to less dramatic places, eventually resulting in an unexpected boom in coffee shop poetry readings across the Midwest. Drama, indeed!. Fact: Did you know that California has more earthquakes than drama schools? Maybe they should start offering classes on 'How to Survive Both.'.
  • Headline: Review/Film; Countryside vs. Class. Impact: The dalliance between a barrister and a rural girl sparked a wave of romantic comedies in the early 2000s, forever altering the landscape of film and teaching us that love knows no social boundaries—unless you count awkward family dinners.. Fact: Did you know that 'dallying' is just a fancy way to say 'having fun without adulting'? Welcome to the 1902 version of Tinder!.
  • Headline: Currents; Ex-Warhol Compatriot Takes a Crack at Fame. Impact: Marc Balet’s 'Dream Houses' inspired a generation of architects to think small—literally. This led to an avalanche of tiny homes, with hipsters abandoning conventional living in favor of 200 square feet of 'minimalist freedom.'. Fact: Did you know that architects often don't even get famous until they're too old to care? Guess Marc missed that memo!.
  • Headline: BUSINESS PEOPLE; Pannill Knitting Hires Outsider as Chairman. Impact: The hiring of Lee M. Klinetobe sent shockwaves through the knitting community, inspiring a series of corporate espionage plots involving yarn theft that would make even the most seasoned spies envious. Beware the knitting needles!. Fact: Did you know that knitting is considered a lost art? Or maybe it’s just that no one wants to admit they’re knitting a sweater for their cat..
  • Headline: CURRENTS; Re-creating a TV Lounge Of Three Decades Past. Impact: The nostalgia for High Television led to a resurgence of retro-themed parties, where people gather to recreate the mundane thrill of watching paint dry on their screens. Who knew nostalgia could be so... dull?. Fact: Did you know that the 'good old days' of TV actually meant watching static for hours? Now that's entertainment!.
  • Headline: CURRENTS; An Expansive Showcase For Italian Sportswear. Impact: The shift of showrooms to midtown led to an exponential increase in hipster fashion trends, contributing to the rise of thrift stores filled with overpriced items from the '80s that are somehow back in style. Vintage is the new black!. Fact: Did you know that the garment district is basically a fashion version of a museum? Only instead of glass cases, you have people wearing the exhibits..
  • Headline: Market Place; Analysts Favor Pier 1 Imports. Impact: The popularity of Pier 1 Imports not only made it a staple for young decorators but also inadvertently led to the rise of DIY projects, where people realized they could ruin their homes just as well without spending a dime.. Fact: Did you know that Pier 1 Imports was the go-to for 'young people' until they realized they could just go to IKEA and assemble their own misery?.
  • Headline: CURRENTS; Putting It All In Order. Impact: The struggle for order in the workspace led to a revolution in organizational products, transforming office supplies into a multi-billion dollar industry that thrives on our collective inability to find a pen when we need one.. Fact: Did you know that 'putting it all in order' is just a euphemism for avoiding actual work? Welcome to adulting!.

Wall Street Time Machine

The Right Call: If you'd invested $1,000 in any one of these companies in 1988, here's what the stored 2025 dataset estimates.
Rank #1
AAPL
Apple
Price in 1988
$0.31
2025 dataset value
$884,238

Apple - If you invested $1,000 in 1988, it would be worth $884,238 today (884.2x return)

Rank #2
MSFT
Microsoft
Price in 1988
$0.24
2025 dataset value
$2,037,337

Microsoft - If you invested $1,000 in 1988, it would be worth $2,037,337 today (2037.3x return)

🦸 Top 5 Comics
The Killing Joke
The Killing Joke
$75
Sandman #1
Sandman #1
$500
Batman: A Death in the Family
Batman: A Death in the Family
$150
The Spectre #1
The Spectre #1
$42,000
Wolverine #1
Wolverine #1
$1,500
🧸 Top 5 Toys
Teenage Mutant Ninja Turtles Action Figures
Teenage Mutant Ninja Turtles Action Figures
$200.00
Super Powers Collection
Super Powers Collection
$150.00
Ghostbusters Proton Pack
Ghostbusters Proton Pack
$300.00
Polly Pocket
Polly Pocket
$250.00
Micro Machines
Micro Machines
$300.00
🎮 Top 5 Video Games
Super Mario Bros. 3
Super Mario Bros. 3
$120.00
Mega Man 2
Mega Man 2
$200.00
Dragon Quest III
Dragon Quest III
$200.00
Super Contra
Super Contra
$150.00
Altered Beast
Altered Beast
$269.99
⚾ Top 5 Trading Cards
Michael Jordan 1988 Fleer Basketball #17
Michael Jordan 1988 Fleer Basketball #17
$250,000
Wayne Gretzky 1988 O-Pee-Chee Hockey #1
Wayne Gretzky 1988 O-Pee-Chee Hockey #1
$2,040.00
Kenner Starting Lineup Steve Young 1988 Figure Card
Kenner Starting Lineup Steve Young 1988 Figure Card
$600
Super Mario Bros. 1988 Topps Nintendo Game Pack #1A
Super Mario Bros. 1988 Topps Nintendo Game Pack #1A
$500
Bo Jackson 1988 Topps Baseball #750
Bo Jackson 1988 Topps Baseball #750
$129