Search the Archive

Stock Market / Downward Spiral #411980

CNN Evening News for Monday, Oct 27, 1997
View other clips in this broadcast →

Material supplied by VTNA may be used for educational analysis or research only. Any editing, reproduction, publication, rebroadcast, public showing or public display may be prohibited by copyright laws.

(Studio: Judy Woodruff) Today's drop on the stock market in response to more bad news from Asia reviewed.

(New York: Rhonda Schaffler) The dramatic turn on Wall Street this afternoon and the frenzied activity reviewed; scenes shown from the floor of the New York Stock Exchange. The Securities and Exchange Commission rules that required the NYSE to shut down for a while today discussed.

(Studio: Bernard Shaw) The impact of the market drop on other American financial markets noted.

(Chicago: Ceci Rodgers) The reaction at the Chicago Mercantile Exchange outlined.

(Studio: Bernard Shaw) Interview held with Standard and Poor's chief economist David Blitzer about the reaction of stock markets in New Zealand and Australia. [BLITZER - says the markets are reacting to the drop on the US stock market.]

(Studio: Judy Woodruff) Report introduced.

(New York: Katharine Barrett) The reaction of stock market workers to a bad day at the office reported. [Three TRADERS - express their reaction.]

(Studio: Hilary Bowker) Report introduced.

(Washington: Charles Bierbauer) How the market circuit breakers worked to slow the market slide featured; details given of point levels at which trading is halted. [White House press secretary Michael McCURRY - says the market triggers are working as they should.] Other ideas from the commission headed by former Treasury Secretary Nicholas Brady after the '87 crash outlined. [Treasury Secretary Robert RUBIN - comments on the state of the American economy.]

Reporter(s):
Barrett, Katharine;
Bierbauer, Charles;
Bowker, Hilary;
Rodgers, Ceci;
Schaffler, Rhonda;
Shaw, Bernard;
Woodruff, Judy
Duration:
00:12:00

Note to sponsor members: The Vanderbilt Television News Archive video player requires a modern operating system and browser to work properly. If you are experiencing playback problems, check the minimum requirements and adjust your setup accordingly. After adjustments, if you continue to experience problems, please contact us.

Welcome! Above is the abstract of the item that you're interested in viewing from the Vanderbilt Television News Archive's collection. You have three options if you'd like to view this item:

  • You may request a loan of this video by registering on our website and placing an order.
  • You may visit the Television News Archive on the Vanderbilt campus to view on-site from the Archive's collection.
  • If you are associated with a college or university, you may ask your library if they would like to become a sponsor, which would give students and faculty at your institution the ability to view items from our collection.

If you believe that you are associated with a sponsoring college or university and have received this message in error, please let us know.