On this day: October 19

Published On: Oct 17 2012 02:05:27 PM EDT   Updated On: Oct 19 2012 02:00:00 AM EDT

The first disco opens, the United States slaps an embargo on Cuba, Martin Luther King Jr. is arrested at an Atlanta sit-in, and Saddam Hussein goes on trial, all on this day.

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1987: In what would become known as "Black Monday," the Dow Jones industrial average falls by 22 percent, dropping by 508 points to 1,738.74. The decline came as stock markets around the world crashed, starting in Hong Kong and moving through Europe before hitting the United States.

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