News stories from Tuesday September 8, 1970
Summaries of the stories the major media outlets considered to be of particular importance on this date:
- The U.S. is seeking the release of 180 American hostages on hijacked jets; 100 women and children were freed by the Palestinian hijackers. The Popular Front for the Liberation of Palestine is a Marxist guerrilla movement. The captors say that they'll blow up the planes and the people on board if Arab prisoners are not freed, including 3,000 in Israel; the guerrillas denied demanding the release of Sirhan Sirhan. [CBS]
- Israel has formally withdrawn from the United Nations' Mideast peace talks. [CBS]
- 10,000 American troops are to leave Thailand by October 1, and two fighter squadrons will leave South Vietnam. Communists caused heavy South Vietnamese casualties near Danang today; Cambodian forces are slowly advancing toward Kompong Thom, Cambodia.
A hawkish group called Students for a Just Peace visited Indochina. In Phnom Penh the students sang and supported the Lon Nol regime and helped dig trenches. A student spokesman said that he wants the Cambodians and South Vietnamese to know that Americans support them.
[CBS] - The Nixon administration is urging South Vietnam Vice President Nguyen Cao Ky not to speak at a Washington, DC pro-war rally; new antiwar protests are feared. [CBS]
- Defense Secretary Melvin Laird reported that reserves and the National Guard will provide extra strength for the military and ease pressure on the draft. [CBS]
- In New York City, eleven crewmen were killed in the crash of a Trans International jet; no passengers were on board. [CBS]
- Charles Watson has been extradited from Texas to California to face charges in the Sharon Tate-Leno La Bianca murders. [CBS]
- Labor Secretary James Hodgson is seeking a wage settlement between the railroads and unions. [CBS]
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Stock Market Report
Dow Jones Industrial Average: 773.14 (+1.99, +0.26%)
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* |
| September 4, 1970 | 771.15 | 82.83 | 15.36 |
| September 3, 1970 | 765.27 | 82.09 | 14.11 |
| September 2, 1970 | 756.64 | 80.96 | 9.71 |
| September 1, 1970 | 758.15 | 80.95 | 10.44 |
| August 31, 1970 | 764.58 | 81.52 | 10.74 |
| August 28, 1970 | 765.81 | 81.86 | 13.82 |
| August 27, 1970 | 759.79 | 81.08 | 12.44 |
| August 26, 1970 | 760.47 | 81.21 | 15.97 |
| August 25, 1970 | 758.97 | 81.12 | 17.52 |
| August 24, 1970 | 759.58 | 80.99 | 18.91 |