News Briefs I
First Lady's Actions Scrutinized In MoscowThe Washington Post
At public appearances, she typically introduces him as "my husband." Tuesday, he was simply, "Bill Clinton, the president of the United States."
Whether there was any deeper meaning to that in the auditorium of Elementary School No. 19, only Hillary Rodham Clinton knows for sure. But everyone was watching for signs of the first couple's marital health as they made their first formal appearance together in the two weeks since he confessed to an extramarital affair with Monica S. Lewinsky.
As she usually does when the president travels overseas, Hillary Clinton accompanied him to Moscow for his summit with Russian President Boris Yeltsin and, as she usually does, she kept a busy separate schedule of events around town. When the two of them got together, there was no public mention of the Lewinsky saga or the "healing process" aides say the couple engaged in during their just-ended vacation on Martha's Vineyard, yet there appeared a formal coolness to their interaction.
After her introduction at the school, the president touched her shoulder as he passed her on the way to the lectern, but she simply strolled by, looking down, without a return gesture. Asked during a solo stop earlier in the day how she has been coping, she said tersely, "I've been getting along fine."
Inquiry Is Opened Into Actions by Ex-Clinton Aide Ickes
Los Angeles Times
The Clinton administration's legal woes expanded Tuesday as former White House aide Harold M. Ickes became the latest possible target of an independent counsel's probe.
Attorney General Janet Reno opened a preliminary inquiry to determine if an outside prosecutor should investigate whether Ickes, former White House deputy chief of staff, committed perjury in Senate testimony last year concerning a labor dispute between the Teamsters Union and Diamond Walnut Growers in California.
Announcement of the 90-day inquiry came less than a week after Reno initiated a similar probe into whether Vice President Al Gore misrepresented his knowledge of how funds he raised in calls to Democratic contributors were to be spent in the 1996 presidential campaign. In both cases, investigators will examine the narrow question of whether the men lied to cover up actions they took - not the actions themselves.
Bargain Hunters Drive Stock Market Up
The Washington Post
Bargain-hunting investors Tuesday plowed through the wreckage of Wall Street's Monday market rout, sending the Dow Jones industrial average soaring 288.36 points, or 3.82 percent, in a day marked by wide price swings, jittery trading and record volume.
The rebound helped the average of 30 blue-chip stocks regain more than half the ground it lost in Monday's 512.61-point drop, closing at 7,827.43, though it is still down for the year. The Standards & Poor's 500 index, a popular vehicle for mutual funds, jumped 3.86 percent to once again show a gain - though slight - for the year.
As a record 1.2 billion shares changed hands on the New York Stock Exchange, the mood on Wall Street shifted dramatically as stocks bounced up and down in the morning and various market strategists battled with bearish and bullish reports. Then, about an hour after the opening bell sounded on the New York Stock Exchange, sellers suddenly became scarce - and more institutional buyers began to test the waters with smaller purchases than their usual mega-block trades.
Soon, a broad, sustained rally took hold on Wall Street, sending the Dow average up almost 359 points before faltering slightly before the close of trading.