Nightly Business Review - 1999-09-30
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Read a transcript preview of “Nightly Business Review - 1999-09-30” from malgent, uploaded on 2025-10-05.
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Language: English (YouTube automatic captions)
[0:00] here.
[0:03] [Music]
[0:09] >> It's a day on the upside for Wall
[0:11] Street. The Dow snaps a nearly twoe
[0:13] losing streak, gaining 123 points. The
[0:16] NASDAQ index gains almost 16. Good
[0:19] evening. I'm Paul Kangas in Miami.
[0:21] >> And I'm Susie Garb in New York City. Fed
[0:23] watchers are placing their bets. With
[0:25] just days until the Federal Reserve
[0:27] meets on interest rates, we'll look at
[0:29] the latest predictions of what
[0:30] policymakers will do. Also, President
[0:33] Clinton gives the government an
[0:34] extension. 21 more days to stay in
[0:37] business until the money runs out.
[0:40] >> Nightly Business Report is brought to
[0:42] you by
[0:44] Compact. Bringing the full benefits of
[0:46] the internet to people and businesses
[0:48] all over the world so they can find the
[0:51] answers they're looking for. Compact
[0:54] better answers.
[0:56] Franklin Templeton serving investors for
[0:59] over 50 years. Franklin Templeton and
[1:02] Mutual Series. Investment products
[1:05] distributed by investment professionals.
[1:08] The financial consultants of AG Edwards
[1:11] committed to making investors
[1:13] comfortable with their investments with
[1:15] their futures. AG Edwards be
[1:18] comfortable.
[1:20] and is produced in association with
[1:23] Bridge, the global financial information
[1:26] company, providing real time and
[1:28] historical market data, analysis, and
[1:31] news.
[1:34] Good evening everyone. Wall Street
[1:35] closes out September on a bullish note,
[1:37] a tripledigit gain on the Dow today, but
[1:40] it was still a dismal September with the
[1:42] Dow losing more than 5%. Worries about
[1:45] higher interest rates dominated trading,
[1:47] and they still do with the Fed meeting
[1:49] only days away. Here'