Market Drop Mirrors Great Depression Fears In 1962 Context
The piece notes a sharp stock market decline with the Dow plunging to lows not seen since early 1961, amid heavy trading and vast losses across blue chips. Analysts debate causes from Kennedy steel prices to SEC probes, fearing further falls as volume surges and investors reassess fundamentals.
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Kennedy Named Honorary Head Of Rayburn Foundation
Washington AP The White House announced Kennedy would serve as honorary national chairman of the Sam Rayburn Foundation National Development Program to fund fellowships and scholarships in political science and to stress legislative branch study. The foundation operates from the Sam Rayburn Library in Bonham Texas, and Rayburn’s former role is noted.
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