NBC Evening News for Tuesday, Aug 11, 1998
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(Studio: Tom Brokaw) Stock Market Report.
(Studio: Ron Insana) Reasons for drops in the stock market examined; belief that current drops are a correction reported; continuing problems with Japanese and Russian economies reported.
(Studio: Tom Brokaw) Report introduced.
(New York: Mike Jensen) Drop in stock market featured; description of recent market activity given; economic problems in Asia noted. [Bear Stearns senior economist John RYDING - says some things cause the market to pull back.] [New York investor Dan WENTZEL - says much of his money is in the market.] [Merrill Lynch analyst Walter MURPHY - says he thinks the market will still drop.]
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