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Big News Headlines of 1987

Wall Street crashes sending the Dow Jones Industrial Average plummeting a record 508 points-22.6%.

President Reagan and Soviet Leader Gorbachev meet in Washington and sign an unprecedented missile reduction agreement.

Televangelist Jim Bakker resigns amid accusations of sexual infidelity and financial impropriety.

Wall Street financier Ivan Boesky is sentenced to three years in prison in an insider-trading scandal.

Gary Hart withdraws from the 1988 presidential campaign under accusations of infidelity.

Sports Champions of 1987

MLB - Minnesota Twins
NFL - New York Giants
NBA - Los Angeles Lakers
NHL - Edmonton Oilers

Grammy Award Winners in 1987

Record of the Year - "Graceland" by Paul Simon
Album of the Year - "The Joshua Tree" by U2
Song of the Year - "Somewhere Out There" by L.Ronstadt & J.Ingram

Movie Award Winners in 1987

Best Picture - The Last Emperor
Best Director - Bernardo Bertolucci for “The Last Emperor”
Best Actress - Cher in “Moonstruck”
Best Actor - Michael Douglas in “Wall Street”

Top Grossing Movies of 1987

#1 Three Men and a Baby
#2 Fatal Attraction
#3 Beverly Hills Cop 2
#4 Good Morning, Vietnam
#5 Moonstruck

#1 Hits of 1987 (USA Pop Charts)

I Think We're Alone Now Tiffany
Shake You Down Gregory Abbott
Always Atlantic Starr
Livin' on a Prayer Bon Jovi
Jacob's Ladder Huey Lewis & The News
(I've Had) The Time of my Life Bill Medley w/Jennifer Warnes
Lean on Me Club Nouveau
(I Just) Died in Your Arms Cutting Crew
I Knew You Were Waiting (for me) Aretha Franklin w/George Michael
La Bamba Los Lobos
Open Your Heart Madonna
Who's That Girl Madonna
Mony Mony (live) Billy Idol
I Just Can't Stop Loving You Michael Jackson w/Siedah Garrett
Nothing's Gonna Stop us Now Starship
Faith George Michael
Alone Heart
Head to Toe Lisa Lisa & Cult Jam
Lost in Emotion Lisa Lisa & Cult Jam
Shakedown Bob Segar & the Silver Bullet Band
I Wanna Dance With Somebody (who loves me) Whitney Houston
Didn't We Almost Have it All Whitney Houston
Here I Go Again Whitesnake
You Keep Me Hanging On Kim Wilde
With or Without You U2
I Still Haven't Found What I'm Looking For U2
At This Moment Billy Vera and the Beaters
Heaven is a Place on Earth Belinda Carlisle
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