Other events on October 19th in history: 1781: Cornwallis surrendered at Yorktown effectively ending the American Revolution. 1985: The very first blockbuster store opened in Dallas, Texas. 1987: The Stock Market crashed as the DOW plummeted by 508 points (22%). 2003: Pope John Paul II beatified Mother Teresa during a ceremony, bring her closer to sainthood in the Catholic Church. 2006: The Dow Jones closed above 12,000 points for the first time in history.
October 19th has historically been an important day for the stock market. See how it has fared as of late:
Stock market turmoil
October 19th in history: the American Revolution came to a close, Blockbuster opened its first store, and more
The Dow Jones Industrial Average has dropped significantly in recent months. (DailyFinance)
Special Meric Greenbaum works on the floor of the New York Stock Exchange Wednesday, Oct. 15, 2014.The Dow Jones industrial average plummeted as much as 460 points in afternoon trading, then clawed back much of the ground it lost. It ended down 173 points, or 1.1 percent. (AP Photo/Richard Drew)
Specialist Anthony Matesic works at his post on the floor of the New York Stock Exchange, Friday, Oct. 10, 2014. U.S. stocks closed out a turbulent week with another loss, giving the market its worst week since May 2012. (AP Photo/Richard Drew)
NEW YORK, NY - OCTOBER 15: Traders work on the floor of the New York Stock Exchange (NYSE) on October 15, 2014 in New York City. As fears from Ebola and a global slowdown spread, stocks plunged on Wednesday with the Dow falling over 400 points during the afternoon before receovering slightly. (Photo by Spencer Platt/Getty Images)