The Christmas classic directed by Frank Capra, “It’s a Wonderful Life,” premiered in New York.
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Gangs of New York, starring Leonardo DiCaprio, Daniel Day-Lewis, and Cameron Diaz, was released.
Pope John Paul II established World Youth Day, an event for young Christians around the world.
The first spacewalk was made by the Soviet cosmonaut Georgy Grechko during Salyut 6 EO-1 mission.
Lady Gaga signed a Las Vegas residency deal for $75 million at MGM Park Theatre.
Cardiff was proclaimed the capital of Wales by the UK's Minister for Welsh Affairs.