World News Tonight (ABC) - 2002-07-22

Channel: malgent

Uploaded:

Duration: PT1802S

Read a transcript preview of “World News Tonight (ABC) - 2002-07-22” from malgent, uploaded on 2025-12-23.

Transcript preview

Language: English (original, YouTube automatic captions)

[0:00] family today.

[0:00] >> Weather the miserable market. We'll take

[0:02] a closer look. The raging inferno. A

[0:06] 100,000 acres on fire and many homes in

[0:09] the path of the flames. Kidnapped and

[0:12] murdered. [music] The case against the

[0:14] man accused of killing the 5-year-old

[0:16] girl. Will prosecutors seek the death

[0:19] penalty. An animal psychology. Is your

[0:22] dog [music] depressed? New ways to

[0:25] figure out what's on their minds.

[0:31] From ABC News [music] World Headquarters

[0:34] in New York, this is World News Tonight

[0:37] with Peter Jennings. Sitting in tonight,

[0:40] Charles Gibson.

[0:41] >> Good evening. Wall Street today.

[0:43] Definitely not for the faint of heart.

[0:45] Just take a look at the market's

[0:47] gyrations hour by hour. A slight drop at

[0:50] the opening, then stocks moved up almost

[0:52] 100 points on the Dow. Less than 3 hours

[0:54] later, the market had fallen 300 points.

[0:57] Two hours later, it recovered the 300

[0:59] points and was again in positive

[1:01] territory. But at the end, another nose

[1:04] dive. The market closing down 234

[1:07] points. It is the lowest close for the

[1:09] Dow since October 1998 since the day

[1:12] Congress announced it was launching an

[1:13] impeachment investigation against

[1:15] President Clinton. The Nasdaq closed off

[1:18] 36 points, its lowest close since 1997,

[1:23] said one analyst. It is a pitiful market

[1:26] selling on fear. ABC's Dan Harris has

[1:29] been on Wall Street throughout the day.

[1:31] Dan

[1:33] >> Charlie, one trader told me today

[1:34] volatil volatility has now become the

[1:37] rule rather than the exception. Everyone

[1:38] here on Wall Street is trying to figure

[1:40] out where is the bottom and almost no

[1:42] on

Sign up free to read and search the full transcript