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Stock Market #553251

NBC Evening News for Wednesday, Oct 21, 1987
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(Studio: Tom Brokaw) United States stock market said to have gained throughout day. Report introduced.

(NYC: Mike Jensen) Gain of stock market discussed. Stk. Mkt. Report USX and RJR Nabisco, Incorporated buying up millions of shares of own stock said largely responsible for day's gain. President Reagan's willingness to work with Congress also said to build market confidence. Investment firms said having record business days. [WOMAN - says she is staying until late every night to handle all the bus.] Video of people wanting to invest shown. [Copper trader Robert MARCUS - says everyone should be happy because business is increase] Tokyo, Japan and London, England, mkts. also enjoying record gains reported When New York Stk. Exchange closed, atmosphere of optimism said to have pervaded. [Shearson- Lehman Brothers Robert CONSOLO - says after a few weeks of confidence building, we can get back to business as usual.] Immediate crisis said to be over.

Reporter(s):
Brokaw, Tom;
Jensen, Mike
Duration:
00:04:00

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