ABC Evening News for Tuesday, Oct 27, 1987
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(Studio: Peter Jennings) Stk. market levels in London, England, Tokyo, Japan, and Hong Kong reported Report introduced.
(NYC: Stephen Aug) Rise in stock market reported [MEN - say market closed on an upbeat.] Stk. Mkt. Report [Analyst Mary FARRELL - says nothing to indicate change in direction of market] Decision by many companies to delay selling stock to public to raise money noted. Companies not going public listed on screen. [MAN - explains decision not to go public.] Prevalence of uncertainty in stock market mentioned. [MAN - says valuation of companies is uncertain.] New York City mayor Edward Koch noted announcing hiring freeze because city will receive less money in taxes as result of stock market fall.
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