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Today is Saturday, May 17, the 137th day of 2003. There are 228 days left in the year. This is Armed Forces Day in the United States.

Today's Highlight in History:

On May 17, 1973, the Senate opened its hearings into the Watergate scandal.

On this date:

In 1792, the New York Stock Exchange was founded by brokers meeting under a tree located on what is now Wall Street.

In 1875, the first Kentucky Derby was run; the winner was Aristides.

In 1938, Congress passed the Vinson Naval Act, providing for a two-ocean navy.

In 1939, Britain's King George VI and Queen Elizabeth arrived in Quebec on the first visit to Canada by reigning British sovereigns.

In 1940, the Nazis occupied Brussels, Belgium, during World War II.

In 1946, President Truman seized control of the nation's railroads, delaying a threatened strike by engineers and trainmen.

In 1948, the Soviet Union recognized the new state of Israel.

In 1954, the Supreme Court ruled in its "Brown vs. Board of Education of Topeka" decision that racially segregated public schools were inherently unequal.

In 1980, rioting that claimed 18 lives erupted in Miami's Liberty City after an all-white jury in Tampa acquitted four former Miami police officers of fatally beating black insurance executive Arthur McDuffie.

In 1987, 37 American sailors were killed when an Iraqi warplane attacked the U.S. Navy frigate Stark in the Persian Gulf. Iraq and the U.S. called the attack a mistake.

Ten years ago: President Clinton visited the Los Alamos National Laboratory in New Mexico, the birthplace of the atomic bomb, where he promoted his five-year, $20 billion defense conversion plan.

Five years ago: Leaders of the Group of Eight nations ended their summit in Birmingham, England, with a plea to Pakistan not to respond in kind to India's five nuclear explosions. New York Yankees pitcher David Wells became the 13th player in modern major league baseball history to throw a perfect game as he retired all 27 batters he faced in a 4-0 victory over the Minnesota Twins.

One year ago: Former President Jimmy Carter ended a historic visit to Cuba sharply at odds with the Bush administration over how to deal with Fidel Castro, saying limits on tourism and trade often hurt Americans more than Cubans. Joe Black, the first black pitcher to win a World Series game, for the Brooklyn Dodgers in 1952, died in Scottsdale, Ariz., at age 78.

Today's Birthdays: Former Watergate special prosecutor Archibald Cox is 91. Opera singer Birgit Nilsson is 85. Actor-director Dennis Hopper is 67. Rhythm and blues singer Pervis Jackson (The Spinners) is 65. Singer Taj Mahal is 61. Singer-songwriter Jesse Winchester is 59. Singer-musician George Johnson (The Brothers Johnson) is 50. Actor Bill Paxton is 48. Boxing Hall of Famer Sugar Ray Leonard is 47. Actor-comedian Bob Saget is 47. Singer Enya is 42. Actor Craig Ferguson ("The Drew Carey Show") is 41. Singer-musician Trent Reznor (Nine Inch Nails) is 38. Rhythm and blues musician O'Dell (Mint Condition) is 38. Actress Paige Turco is 38. Singer Jordan Knight is 33. Rhythm and blues singer Darnell Van Rensalier (Shai) is 33. Actor Hill Harper is 30. Singer Kandi Burruss is 27. Actor Tahj Mowry is 17. Actress Samantha Browne-Walters ("Life with Bonnie") is 12.

Thought for Today: "The past is never dead - it is not even past." - William Faulkner, American author (1897-1962).

Copyright © 2003 Associated Press. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.

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