World News Tonight (ABC) - 1998-10-01
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Read a transcript preview of “World News Tonight (ABC) - 1998-10-01” from malgent, uploaded on 2025-03-14.
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Language: English (original, YouTube automatic captions)
[0:04] on World News Tonight this Thursday
[0:06] Another Bad Day on stock markets all
[0:08] over the world global economic anxiety
[0:11] another massacre in Kosovo the US and
[0:14] its allies prepare to do something about
[0:16] it very slowly and the millennium bug
[0:20] leic Texas prepares for catastrophe
[0:24] Bangalore in India sees only profit
[0:32] from ABC News world headquarters in New
[0:36] York this is World News Tonight with
[0:39] Peter Jennings good evening we're going
[0:40] to begin with the stock market tonight
[0:42] investors all over the world appear to
[0:44] be spooked by the current trends in the
[0:46] global economy it was a gloomy day on
[0:48] the markets in Asia and Europe and South
[0:50] America the international monetary fund
[0:53] warns that there's a possibility of
[0:54] global recession in
[0:57] 1999 and today on Wall Street the Dow
[0:59] Jones Industrials lost 210 points to
[1:02] close at 7632 on the NASDAQ Market heavy
[1:06] with those technology companies stocks
[1:08] lost more than 81 points with almost
[1:11] half of American households invested in
[1:13] the market now the psychology of all
[1:16] this is very important our first report
[1:18] is from ABC's Betsy
[1:21] Stark another day another triple digit
[1:24] decline in just two days investors have
[1:27] shaved $1 109 billion off the value of
[1:30] the Dow Bank stocks led the downward
[1:33] march today fears that banks will stop
[1:36] lending the money businesses need to
[1:38] keep growing cast a p over the entire
[1:41] Market even fast growing technology
[1:43] giants like Dell Microsoft and Cisco now
[1:47] seem vulnerable to the worldwide
[1:50] slowdown the DOW Industrials have just
[1:52] closed out their worst quarter in8 years
[1:56] c