Nightly Business Report (PBS) - 1999-10-22

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Read a transcript preview of “Nightly Business Report (PBS) - 1999-10-22” from malgent, uploaded on 2026-01-04.

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Language: English (original, YouTube automatic captions)

[0:00] here.

[0:06] [music]

[0:09] >> Wall Street thinks it's like money in

[0:10] the bank. Banking and financial [music]

[0:12] stocks sore as Congress agrees to

[0:14] overhaul the nation's banking system.

[0:16] The Dow gains [music]

[0:18] 172 points. The NASDAQ index closes up

[0:20] 14. Good evening. I'm Paul Kangas

[0:22] [music] in Miami

[0:24] >> and I'm Susie Gar in New York City.

[0:25] Earnings, earnings, and more earnings.

[0:28] And we're only halfway through. We'll

[0:29] take a look at this season's winners and

[0:31] losers. Then, an old favorite of gold

[0:33] bugs makes a new appearance in the

[0:35] American [music] marketplace.

[0:41] [music]

[0:41] >> Nightly Business Report is brought to

[0:43] you by

[0:45] Compact, bringing the full benefits of

[0:48] the internet to people and businesses

[0:50] all over the world so they can find the

[0:52] answers they're looking for. Compact,

[0:55] better answers. Franklin [music]

[0:58] Templeton serving investors for over 50

[1:01] years. Franklin Templeton and mutual

[1:04] series. Investment products distributed

[1:06] [music] by investment professionals.

[1:10] The financial consultants of AG Edwards

[1:13] committed to making investors

[1:14] comfortable with their investments with

[1:17] their futures. AG Edwards be

[1:20] comfortable.

[1:22] and is produced in association with

[1:24] Bridge, the global financial information

[1:27] company, providing real time and

[1:30] historical market data, analysis, and

[1:33] news.

[1:35] Happy Friday, everyone. Washington gave

[1:37] Wall Street a rally today. Investors

[1:40] like the news from Capitol Hill about

[1:41] the possibility of a bill on banking

[1:43] reform. The stocks of banks, brokerages,

[1:46] and insurance companies surged today and

[1:48] pushed up all the major

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