Wall Street: A Case of Nerves

If the nation met the crisis in Southeast Asia with considerable calm, the same could not be said of Wall Street. The Dow-Jones averages paused on Monday after the first North Vietnamese PT boat attack on U.S. ships, plunged 7½-points Tuesday after news of the second attack, rallied on Wednes day for a fractional gain. Then on Thursday, as rumors spread of possible Red Chinese involvement, the market tumbled 9.65 points — to 823.40 — in the sharpest one-day break since President Kennedy's assassination. The week's total decline, after a 5¾-point rally at week's end: 12 points, to 829.16. It...

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