News stories from Friday September 18, 1970
Summaries of the stories the major media outlets considered to be of particular importance on this date:
- As the civil war rages in Jordan, the U.S.' 6th Fleet is approaching the country in order to evacuate Americans if necessary. The Soviet Union has asked the Jordanian Army and the guerrillas to end their fighting; Palestinians said that they will attack Americans if the U.S. interferes.
The U.S. military is on alert and will intervene if Iraq or Syria intervenes or if American lives are threatened.
[CBS] - Israeli Prime Minister Golda Meir talked with U.S. officials in Washington, DC. President Nixon vowed to provide economic and military aid to Israel. Meir said that she won't talk peace until the United Arab Republic's missiles are moved back from the Suez Canal. Secretary of State William Rogers wants Israel back in the United Nations talks. [CBS]
- Arab ambassadors discussed U.S. aid to Israel; the Kuwaiti ambassador stated that U.S. aid to Israel would end any chances for peace. [CBS]
- Israel released 450 Arabs who were imprisoned last week; Palestinians may free their hostages if Israel releases Arab terrorists. [CBS]
- Customs officials have started searching carry-on baggage on international flights. Transportation Secretary John Volpe set a six-month deadline for a treaty boycotting countries that harbor hijackers and said the U.S. would take unilateral action if that deadline is not met. [CBS]
- Government paratroopers are reinforcing trapped Cambodians. [CBS]
- South Vietnam Vice President Nguyen Cao Ky will speak at the Washington, DC war rally despite Senators' pleas not to. [CBS]
- President Nixon has delayed the railroad strike for 60 days. [CBS]
- Housing and Urban Development official Robert Affeldt blasted the Nixon administration's racial policies, then resigned in protest. Assistant Attorney General William Rehnquist said that government employees who criticize the administration do so at the risk of their jobs. [CBS]
- Attorney General John Mitchell says that the country is going far to the right. [CBS]
- A black man killed a policeman in Toledo, Ohio; police then attacked Black Panther headquarters but the suspect was not a Panther. [CBS]
- Black Panther Lonnie McLucas has been sentenced to 12-15 years in prison for killing a suspected police informer. [CBS]
- Greek shipper Stavros Niarchos has been cleared by a judicial council of murdering his wife; the prosecutor will appeal the ruling. [CBS]
- A survey showed that 99% of university students favor non-violent confrontation with the establishment in order to effect change; 28% favor physical disruption. [CBS]
- Rock star Jimi Hendrix died in London from a drug overdose. [CBS]
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Stock Market Report
Dow Jones Industrial Average: 758.49 (+0.82, +0.11%)
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 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 |
| September 11, 1970 | 761.84 | 82.52 | 12.14 |
| September 10, 1970 | 760.75 | 82.30 | 11.90 |
| September 9, 1970 | 766.43 | 82.79 | 16.25 |
| September 8, 1970 | 773.14 | 83.04 | 17.11 |
| September 4, 1970 | 771.15 | 82.83 | 15.36 |
| September 3, 1970 | 765.27 | 82.09 | 14.11 |