Dubbed the Million Man March, hundreds of thousands of black men rally to show pride and commitment on the National Mall in Washington. The Dow Jones Index of 30 major industrial stocks tops the 5,000 mark for the first time. A cargo fire causes a Valujet airliner to crash in Florida's Everglades, killing all 110 aboard. Democrat William Jefferson Clinton wins a second term as president, defeating Republican Bob Dole of Kansas. Madeleine Albright wins appointment as the first female U.S. secretary of state.
Thousands flee flooding that causes vast destruction in North Dakota.
Clinton outlines the first balanced federal budget in 30 years. President Clinton testifies on closed-circuit television before a grand jury and then admits to an affair with a White House intern in a televised address to the nation. St. Louis Cardinal Mark McGwire hits his 62nd home run of the season to break the single-season mark set by Roger Maris in 1961. The House impeaches President Clinton along party lines on charges of perjury and obstruction of justice in the White House sex scandal. The Senate acquits Clinton of impeachment charges.