World News Tonight (ABC) - 2001-07-24
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Read a transcript preview of “World News Tonight (ABC) - 2001-07-24” from malgent, uploaded on 2025-04-01.
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Language: English (YouTube automatic captions)
[0:00] at Jeff thiso they're going to stay
[0:03] trying to understand the volcano and
[0:06] knowing there is no answer the little
[0:09] boy who was a pawn in a trafficking
[0:11] scheme the Attorney General says he will
[0:13] stay here we'll take a closer look
[0:15] tonight at police work in two languages
[0:17] it's increasingly necessary and our
[0:20] correspondent Mike Lee on the road to
[0:22] anywhere tonight Hollywood in the
[0:28] outback from ABC News world headquarters
[0:32] in New York this is World News Tonight
[0:35] with Peter Jenning good evening everyone
[0:37] it's a pretty Relentless message about
[0:39] the economy these days the earnings at
[0:41] some of the country's most prominent
[0:42] corporations are off and business is not
[0:44] improving stock prices were off again
[0:46] today and the chairman of the Federal
[0:49] Reserve board does not have a ready made
[0:50] pickme up on the New York Stock Exchange
[0:53] the shares of Exon Mobile the energy
[0:55] giant were off AT&T stock was down on a
[0:58] bad earnings report and and the aluminum
[1:00] Acer Alcoa was down as well the Dow
[1:03] Jones Industrial Average was down more
[1:05] than 183 points to close at
[1:09] 10,241 on the NASDAQ stocks were down
[1:12] more than 29 Points in the past three
[1:15] trading days the Dow has been down more
[1:17] than 368 points and there were some
[1:21] suggestions at the Senate Banking
[1:22] Committee today that cutting the
[1:23] interest rates again and again was not
[1:27] necessarily effective which is why we
[1:29] need ABC he's Betsy Stark here again
[1:31] let's start with the companies pretty
[1:32] dismal picture it sure is Peter this has
[1:34] been one of the worst quarters for many
[1:36] companies in a decade