Nightly Business Report (PBS) - 1999-10-07

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Read a transcript preview of “Nightly Business Report (PBS) - 1999-10-07” from malgent, uploaded on 2026-01-04.

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Language: English (original, YouTube automatic captions)

[0:09] It's beginning to [music] look a lot

[0:10] like Christmas at the nation's

[0:12] retailers. They're coming off modest

[0:14] September sales [music] and gearing up

[0:15] for the holidays. Good evening. I'm Paul

[0:18] Kangas in Miami

[0:19] >> and I'm Susie Gar in New York City. On

[0:21] Wall Street, investors were gearing

[0:23] down. The Dow lost [music] 51 points and

[0:25] the Nasdaq edged up only three. Then

[0:27] meet the manager of the Joan Fund. She's

[0:30] got a good track [music] record, but if

[0:32] you want to buy in, you can't. We'll

[0:33] tell you why.

[0:36] >> Nightly [music] Business Report is

[0:38] brought to you by

[0:40] Compact, bringing the full benefits of

[0:42] the internet to people and businesses

[0:44] all over the world so they can [music]

[0:46] find the answers they're looking for.

[0:49] Compact, better answers.

[0:52] Franklin Templeton, serving investors

[0:54] for over 50 years. Franklin Templeton

[0:57] and Mutual Series. Investment products

[1:01] distributed by investment professionals.

[1:04] The financial [music] consultants of AG

[1:07] Edwards committed to making investors

[1:09] comfortable with their investments with

[1:11] their futures. AG Edwards be

[1:14] comfortable.

[1:16] and is produced [music] in association

[1:18] with Bridge, the global financial

[1:21] information company, providing real time

[1:24] and historical market data, analysis,

[1:27] and news.

[1:29] >> Good evening everyone. The market goes

[1:31] up, the market goes down. Investors

[1:34] turned cautious today, worrying about

[1:35] inflation and higher interest rates just

[1:37] one day before the release of the

[1:38] September jobs report. But today's

[1:41] reports on retail sales had nothing for

[1:43] investors to worry about. As Suz

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