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Economy: Stock Market / Housing #1058116

NBC Evening News for Thursday, Jun 20, 2013
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(Studio: Brian Williams) Stock Market Report. NOTE: Local weather bulletin on screen.

(New York Stock Exchange: Maria Bartiromo) The dive in the stock market examined; details given about the impact of the stimulus winding down and how investors are switching from stocks to bonds.

(Studio: Brian Williams) Report introduced.

(Washington: Tom Costello) The impact of the prospect of higher interest rates and the stock market plunge on the housing market featured; statistics on home sales & prices cited. [RBS chief economist Michelle GIRARD†- notes concern that stock prices could tank if the Fed provides less support.] [Realtor Candy PEAK††- says the market is a feeding frenzy.] [CNBC’s Diana OLICK††-says mortgage rates are rising with home prices.] [Home buyer John HOLMAN‡- worries about interest rates going up.] Fear that China’s economy is slowing noted.

Reporter(s):
Williams, Brian;
Bartiromo, Maria;
Costello, Tom
Duration:
00:04:00

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