Nightly Business Report (PBS) - 1992-05-29 (partial)
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Read a transcript preview of “Nightly Business Report (PBS) - 1992-05-29 (partial)” from malgent, uploaded on 2026-01-05.
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Language: English (original, YouTube automatic captions)
[0:04] [music]
[0:06] Good evening. Cassie Ciphford has the
[0:08] night off. I'm Paul Kangas in Miami.
[0:11] Coming up on NBR, the Dow soarses past
[0:14] 3,400, but just can't hold on to it in a
[0:17] late afternoon selloff.
[0:19] >> And I'm Scott Gury in New York. Tonight,
[0:21] AT&T is bracing for a possible
[0:23] nationwide walkout by workers.
[0:27] The Nightly [music] Business Report is
[0:28] made possible by Digital Equipment
[0:31] Corporation. Leveraging investments in
[0:33] information systems for today [music]
[0:35] and tomorrow. People come to us for
[0:38] results.
[0:41] [music] The 57 billion Franklin Group of
[0:43] Funds helping nearly 2 million investors
[0:46] reach their goals since 1947. [music]
[0:48] Franklin funds are distributed
[0:50] nationwide by investment professionals.
[0:53] [music]
[0:53] AG Edwards, member of the New York Stock
[0:56] Exchange, serving the investment needs
[0:58] of individuals [music]
[0:59] and businesses through more than 400
[1:01] offices nationwide,
[1:04] and is [music] produced in association
[1:06] with Reuters, the world's largest
[1:08] electronic publisher, which provides NBR
[1:11] with news, market data, and
[1:13] communication services worldwide.
[1:16] In the end, the air above the 3,400
[1:19] level on the Dow Jones Industrial
[1:20] Average proved a little too thin for
[1:22] traders on Wall Street today, but it was
[1:24] a great ride as the Dow hit a high of
[1:26] nearly 3420 before the profit taking set
[1:30] in.
[1:33] At the close, the Dow had given up all
[1:35] its gains and a little more, ending with
[1:37] a loss of 1.55 at 3