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A Closer Look (Ups and Downs: Stock Market) #191349

ABC Evening News for Wednesday, Mar 29, 2000
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(Studio: Peter Jennings) The volatility of the stock market introduced.

(New York: John Martin) The impact of instant information on the stock market and the public's access to the market examined; details given of the growth of cable television business shows. [MSN financial writer James JUBACK - cites the "franticness" of the market.] [CNBC senior vice president Bruno COHEN - comments.] [Yale University professor Robert SHILLER, "Business Week" journalist Marsha VICKERS, Gary WEISS - talk about the appeal of TV shows and how average people are getting involved in market trading.]

(Studio: Peter Jennings) Report introduced.

(New York: Kevin Newman) The dangers of margin trading examined; details given of how customers can borrow, thus exaggerating overall market gains and loses. [Investor John ANDERSON - comments on buying on margin.] [Chase Manhattan Bank Greg SMITH - assesses trading on margin.]

Reporter(s):
Jennings, Peter;
Martin, John;
Newman, Kevin
Duration:
00:04:50

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