News stories from Monday September 28, 1970
Summaries of the stories the major media outlets considered to be of particular importance on this date:
- United Arab Republic President Gamal Abdel Nasser died of a heart attack. Nasser was the strongest leader in the Mideast. [CBS]
- President Nixon mourned Nasser's death. In Rome, the President and other administration officials visited Pope Paul. Nixon thanked the Pope and said that the Pope has the spiritual power to move nations and men. The President also talked to American priests in Rome. [CBS]
- President Nixon met with the 6th Fleet and with the 26 American hostages who were released by the Palestinians; he praised the hostages' courage. Security in Rome is tight during the President's visit. [CBS]
- The U.S. demanded the release of the six American hostages who are still being held in Jordan. [CBS]
- Two Jews were arrested with five pistols and a grenade as they tried to board a New York City to London flight; they intended to hijack an Arab airliner in London. [CBS]
- The U.S. sent relief supplies to Jordan, and a five-nation peace force is maintaining the truce there. [CBS]
- Communists shelled Hue, South Vietnam; a U.S. helicopter crashed in Cambodia. [CBS]
- East Germany jailed 21-year-old American student Mark Huessy, who will serve seven years for criticizing the state. He had also been accused of espionage and of trying to help East Germans escape, but was acquitted of those charges. [CBS]
- Novelist John Dos Passos died at the age of 74. [CBS]
- Two gunmen in Cleveland killed one policeman and wounded another. [CBS]
- William Gilday was arrested for a Boston bank robbery in which a guard was killed; two women are still being sought. The police blame revolutionaries. [CBS]
- California brushfires continue. Most fires are under control now but winter floods are feared. [CBS]
- The death of Gamal Abdel Nasser's hurts the Soviet Union's influence in the United Arab Republic. A popular uprising is unlikely. [CBS]
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Stock Market Report
Dow Jones Industrial Average: 758.97 (-2.80, -0.37%)
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 25, 1970 | 761.77 | 83.97 | 20.47 |
| September 24, 1970 | 759.31 | 83.91 | 21.34 |
| September 23, 1970 | 754.38 | 82.83 | 16.94 |
| September 22, 1970 | 747.47 | 81.66 | 12.11 |
| September 21, 1970 | 751.92 | 81.91 | 12.54 |
| September 18, 1970 | 758.49 | 82.62 | 15.90 |
| September 17, 1970 | 757.67 | 82.29 | 15.53 |
| September 16, 1970 | 754.31 | 81.79 | 12.09 |
| September 15, 1970 | 750.55 | 81.36 | 9.83 |
| September 14, 1970 | 757.12 | 82.07 | 11.90 |