World News (ABC) - 2008-09-18

Name: World News (ABC) - 2008-09-18
Uploaded: 2025-09-13
Duration: 1794 s
Channel: malgent
Description: Read a transcript preview of “World News (ABC) - 2008-09-18” from malgent, uploaded on 2025-09-13.

Channel: malgent

Uploaded: 2025-09-13

Duration: PT1794S

Read a transcript preview of “World News (ABC) - 2008-09-18” from malgent, uploaded on 2025-09-13.

Transcript preview

Language: English (original, YouTube automatic captions)

[0:00] Email it to eyewitness news at

[0:02] videoabc.com.

[0:07] >> Welcome to World News. Tonight, a

[0:09] stunning turnaround on Wall Street. The

[0:11] biggest rally in 6 years, but many on

[0:14] Main Street are nervous. How is this

[0:17] economic crisis hitting you? Call for

[0:20] help. The frantic moments after the LA

[0:22] commuter train crash.

[0:24] >> Please hurry.

[0:25] >> Please calm down.

[0:26] >> People are bleeding and hurt here.

[0:28] Angels among us. New research confirms a

[0:31] majority of adults, even those with no

[0:33] religion, believe in angels.

[0:37] And swooping, it's the latest craze,

[0:40] skydiving at low altitudes. Talk about a

[0:43] leap of faith.

[0:50] From ABC News headquarters, this is

[0:53] World News with Charles Gibson.

[0:55] >> Good evening. The stock market. Did you

[0:58] ever notice how all the experts can

[1:00] explain what happened after the day's

[1:02] trading but not before? The market took

[1:04] a nose dive yesterday. Today,

[1:07] unexpected, an almost equal rise in the

[1:10] market. In fact, the market had its

[1:11] biggest one-day rally since October

[1:13] 2002. The Dow up over 400 points. The

[1:17] market had been steady through the day.

[1:19] Then, news hit Wall Street that the

[1:21] government is considering the creation

[1:22] of a special agency to deal with the bad

[1:25] debt run up by banks. And with that, the

[1:28] market shot up at the end of the day.

[1:30] Betsy Stark is here again tonight.

[1:32] Betsy,

[1:33] >> Charlie, down 400 one day, up 400 the

[1:36] next. It almost goes without saying that

[1:38] investor confidence is on a razor's

[1:41] edge. But there is new optimism tonight

[1:44] that the government is closing in on a

[1:46] wholesale solution to this crisis.

[1:51] Wall Street