News stories from Friday January 30, 1970
Summaries of the stories the major media outlets considered to be of particular importance on this date:
- The General Electric strike appears headed for settlement. [ABC]
- Regarding the possibility of a railroad strike, Labor Secretary George Shultz wants a cooling off period but the unions disagree. Shultz stated that the nation can't stand a railroad shutdown. [ABC]
- Le Duc Tho, the North Vietnamese leader at the Paris talks, returned after six months' absence but with no indication of any change in policy. Tho accused President Nixon of trying to prolong the war. A Viet Cong bomb exploded in a Saigon theater today. [ABC]
- Ten thousand demonstrators gathered outside the presidential palace in Manila to protest police brutality. President Ferdinand Marcos and his family remained in the palace. The situation is under control but many fear this will not last. [ABC]
- Syria and Israel exchanged sonic booms as jets from each country broke the sound barrier. Syrians attacked Israeli positions in the Golan Heights. The Israeli air force attacked Egyptian positions in the Suez Canal Zone. [ABC]
- The Senate Judiciary Committee heard more testimony on Judge G. Harrold Carswell's nomination. Carswell's approval is expected. [ABC]
- Segregated schools across the South closed for the last time. Schools will reopen on Monday on an integrated basis. An Atlanta civil rights leader wants Governor Lester Maddox arrested for trying to impede desegregation. [ABC]
- Seven Black Panthers were indicted in Chicago on charges from attempted murder to armed violence as the result of a shootout with police which took place last December 4. [ABC]
- The Defense Department is reassessing its contracts with McDonnell Douglas for F-15 fighter planes over the race issue. [ABC]
- The National Cancer Institute announced that tests are underway on a new drug for use against brain tumors. [ABC]
- Billie Sol Estes' parole bid was denied without explanation. [ABC]
- Congress passed the drug control bill. [ABC]
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Stock Market Report
Dow Jones Industrial Average: 744.06 (-4.29, -0.57%)
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* |
| January 29, 1970 | 748.35 | 85.69 | 12.21 |
| January 28, 1970 | 758.84 | 86.79 | 10.51 |
| January 27, 1970 | 763.99 | 87.62 | 9.63 |
| January 26, 1970 | 768.88 | 88.17 | 10.67 |
| January 23, 1970 | 775.54 | 89.07 | 11.00 |
| January 22, 1970 | 786.10 | 89.95 | 11.05 |
| January 21, 1970 | 782.27 | 89.91 | 9.88 |
| January 20, 1970 | 777.85 | 89.83 | 11.05 |
| January 19, 1970 | 776.07 | 89.65 | 9.50 |
| January 16, 1970 | 782.60 | 90.92 | 11.94 |