The first newsreel shows the Shah and his wife arriving at the White House. They are greeted by John F. Kennedy and Jackie Kennedy. The second newsreel documents the Academy Awards. Sophia Loren wins best actress and West Side Story wins for best picture. Rock Hudson and Joan Crawford announce the winners. The third reel shows Wall Street after recovering from a slump in the market. CU of business men and wide shots of men walking in the Financial District in New York.