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Stock Market / Downward Spiral #411980

CNN Evening News for Monday, Oct 27, 1997
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(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.]

Barrett, Katharine;
Bierbauer, Charles;
Bowker, Hilary;
Rodgers, Ceci;
Schaffler, Rhonda;
Shaw, Bernard;
Woodruff, Judy

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