NBC Nightly News - 1999-10-29

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Read a transcript preview of “NBC Nightly News - 1999-10-29” from malgent, uploaded on 2025-10-19.

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Language: English (original, YouTube automatic captions)

[0:10] Your money, a record day on Wall Street,

[0:13] but the IRS and Y2K, your taxman may not

[0:17] be ready for the year 2000. What it

[0:19] could mean for tax returns and refunds.

[0:22] NBC News in Depth, Young Guns. This boy

[0:25] on trial for a murder committed when he

[0:27] was 11. What should America do with

[0:29] children who commit horrible crimes?

[0:33] Lifeline, your personal medical

[0:35] information. When others get to see it,

[0:37] the fight over privacy.

[0:40] And the family, an orphan who needed

[0:42] food and love, an American mother

[0:44] thousands of miles away heard her cry

[0:48] and rushed to the rescue.

[0:52] From NBC News World Headquarters in New

[0:55] York, this is NBC Nightly News with Tom

[0:58] Brokaw.

[1:00] Good evening. Well, it's been another

[1:02] banner day and week for making money on

[1:05] the stock market. In fact, if the

[1:06] markets could keep up the pace of this

[1:08] week alone, they would at least double

[1:10] in a year on the case of NASDAQ, rise by

[1:13] more than 250%

[1:15] The Dow was up just over 107 points,

[1:17] NASDAQ more than 91 points. For the

[1:20] week, the Dow was up almost 2 and 1/2%,

[1:23] NASDAQ was up more than 5% this week

[1:26] alone. Of course, that is just one week

[1:29] out for some uncertainty in stocks, a

[1:32] pace no one expects to be maintained,

[1:34] but for now,

[1:35] the glory days still are on. NBC's chief

[1:38] financial correspondent is Mike Jensen.

[1:42] A day for the record books, NASDAQ

[1:44] soaring to a new all-time high. The Dow

[1:47] capping a 3-day surge of more than 400

[1:50] points.

[1:52] Wall Street traders like John Vendevino

[1:54] exuberant. So, quite a day, John. Quite

[1:57] a day. I

[1:59] taking off. Motorola's up four.

[2:00] Investors pouring mon

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