May 30, 1998

Stocks Slump, Ending Worst Month Since October Stocks retreated from early gains to end lower, hurt by weakness in computing issues and growing concern that political and economic turmoil in Asia could damage United States corporate profits. The Dow Jones industrial average fell for a fifth time in six sessions, losing 70.25 points, or eight-tenths of 1 percent, to 8,899.95, its first close below 8,900 since April 28. Broader gauges also fell.

White House Deadline The Supreme Court ordered the White House to respond by Monday afternoon to a request by Kenneth W. Starr, the independent counsel, to speed up consideration of privilege claims by the President. Page A7. A Game 7 for Bulls-Pacers With Michael Jordan committing a foul and a turnover in the closing seconds, Indiana won, 92-89, and forced a deciding game tomorrow night in Chicago for the right to meet Utah for the N.B.A title. Page C1.

New York Yankees defeat Boston Red Sox, 6-2; photos (S)

Jody-Anne Maxwell, 12-year-old student from Kingston, is hero in her native Jamaica and among Jamaicans in New York after she wins National Spelling Bee in Washington, DC; Jamaican-born Councilwoman Una Clarke hopes to bring Maxwell to New York to inspire Jamaican students who lag in school; photos; list of Maxwell's winning words (S)

Many doctors and hospitals in New York City and number of other big cities are embracing form of managed care known as capitation, in which they get lump sum per enrollee; capitation gives care providers more control and carries more financial risk; gives doctors financial stake in holding down costs; new Government-financed study finds patients covered under such plans are less satisfied with care than people in health maintenance organizations whose doctors are paid for each service; table; graph; photo (M)