News stories from Friday April 17, 1970
Summaries of the stories the major media outlets considered to be of particular importance on this date:
- The world celebrated the safe return of Apollo 13. President Nixon and the astronauts' families flew to Hawaii for presentations of the Medal of Freedom. A helicopter retrieved the astronauts from the Pacific Ocean. The launch of Apollo 14 is being delayed until the cause of Apollo 13's trouble is found. [CBS]
- South Vietnam ignored U.S. appeals and is fighting Communists in Cambodia. South Vietnamese troops streamed into former Communist sanctuaries in Cambodia. South Vietnam President Nguyen Van Thieu wants cooperation from anti-Communists in Cambodia. Cambodian troops massacred over 100 Vietnamese civilians at Takeo; 500 bodies were counted floating down the Mekong River. [CBS]
- President Nixon will issue a report on Vietnam from the California White House on Monday. [CBS]
- The United States has recalled Ambassador Harrison Symmes at Jordan's request. The Jordanian government was insulted by Joseph Sisco's cancellation of his visit to Amman after three days of violence there. [CBS]
- Supreme Court nominee Harry Blackmun discussed his legal philosophy and rulings. Blackmun called himself a fair man, in the center politically, and declared that his stock holdings did not influence his previous court decisions. [CBS]
- Republican leaders in Washington who are planning election strategy warned against letting Democrats use economic problems against them. They want the Democrats to be blamed for inflation. [CBS]
- Federal Power Commission chairman John Nassikas told Congress that electrical brownouts and blackouts may increase; the problem is with the industry, not the legislature. [CBS]
- After the Apollo 11 moonwalk, President Nixon said it was the greatest week in world history since the creation of man. After Apollo 13, the President called this the most exciting and meaningful day of his life and said that the American character is sound and strong. President Nixon will tour the Houston Space Center and pay tribute to the ground crew tomorrow. [CBS]
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Stock Market Report
Dow Jones Industrial Average: 775.94 (+0.07, +0.01%)
Arms Index is the ratio of volume per declining issue to volume per advancing issue; a figure below 1.0 is bullish. | |||||||||||||||
| Market Index Trends | |||
|---|---|---|---|
| Date | DJIA | S&P | Volume* |
| April 16, 1970 | 775.87 | 85.88 | 10.25 |
| April 15, 1970 | 782.60 | 86.73 | 9.41 |
| April 14, 1970 | 780.56 | 86.89 | 10.84 |
| April 13, 1970 | 785.90 | 87.64 | 8.81 |
| April 10, 1970 | 790.46 | 88.24 | 10.02 |
| April 9, 1970 | 792.50 | 88.53 | 9.06 |
| April 8, 1970 | 791.64 | 88.49 | 9.07 |
| April 7, 1970 | 791.64 | 88.52 | 8.49 |
| April 6, 1970 | 791.18 | 88.76 | 8.38 |
| April 3, 1970 | 791.84 | 89.39 | 9.92 |