986

Events 
March 2 – Louis V becomes King of the Franks
End of the reign of Emperor Kazan, emperor of Japan
Emperor Ichijō ascends to the throne of Japan
Explorer Bjarni Herjólfsson becomes the first inhabitant of the Old World to sight North America
Sweyn Forkbeard becomes King of Denmark
Song Dynasty sends armies on three fronts against the Liao Dynasty in the Sixteen Prefectures but are defeated on all fronts.