Posted on Oct 18, 2017
Stock market soars with rumors of bombing halt in Vietnam - Oct 18, 1968 - HISTORY.com
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Rumors that the Johnson administration will soon announce a bombing halt send sales volume on the New York Stock Exchange soaring; U.S. bond prices also climb. The rumors were true and on October 31, in a televised address to the nation, Johnson said that based on recent developments in the Paris peace negotiations, he had ordered a cessation of all bombing raids over North Vietnam.
Stock market soars with rumors of bombing halt in Vietnam - Oct 18, 1968 - HISTORY.com
Posted from history.com
Vietnam War
American History
Military History
Stock Market
Posted >1 y ago
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SP5 Mark Kuzinski I was stationed at MCAS El Toro at this time. I was still in a security mode at that time. But should have bought Walmart and held on to it.
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Thanks for reminding us SP5 Mark Kuzinski that on October 18, 1968 that New York Stock Exchange was soaring as well as the U.S. bond prices also climbed at rumors that the POTUS Lyndon Baines Johnson administration would soon announce a bombing halt on North Vietnam.
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