World News Tonight (ABC) - 2002-07-24

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Read a transcript preview of “World News Tonight (ABC) - 2002-07-24” from malgent, uploaded on 2025-12-26.

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Language: English (original, YouTube automatic captions)

[0:00] A gun. A piggy bank.

[0:02] The raging wildfire. Hundreds of

[0:04] firefighters battling to save the

[0:06] world's largest trees.

[0:08] The heroic escape. A little girl frees

[0:11] herself and escapes from her kidnappers.

[0:14] A warning to vacationers. Filth at the

[0:16] beach, fires in the forest, and terror

[0:19] overseas. We'll take a closer look. And

[0:23] a dog's words. Hear them in translation.

[0:26] The device that turns arfs and barks

[0:29] into English.

[0:35] From ABC News world headquarters in New

[0:37] York. This is World News Tonight with

[0:40] Peter Jennings.

[0:42] Sitting in tonight, Charles Gibson. Good

[0:44] evening. Wall Street let out a

[0:46] collective sigh of relief and said

[0:48] "Whew." today. After days of plunging

[0:51] stock prices, finally the market news

[0:54] was good. The Dow Jones Industrial

[0:56] Average was up almost 489

[0:59] points. That's the second largest point

[1:01] gain for a day ever. To close at 8,191.

[1:04] On the NASDAQ, stocks were up 61 points.

[1:08] 2.6 billion shares traded hands on the

[1:11] New York Stock Exchange. That's the

[1:12] largest volume ever.

[1:14] Now, it's just one day, but it sure was

[1:16] a better day than yesterday, or the day

[1:18] before, or the day before that. Why was

[1:20] it better? ABC's Betsy Stark joins us

[1:22] now. Charlie, it was a lot better.

[1:25] Investors gained back 500 billion

[1:28] dollars in the value of their stocks

[1:30] today, but not before suffering another

[1:32] heart-stopping session that saw the Dow

[1:34] Industrial swing 670 points from their

[1:37] high from their low to their high in

[1:40] just one day.

[1:42] The day started like so many others in

[1:44] recent weeks on a downward spiral.

[1:47] Questions about how involved JP Morg

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