This program is 27 minutes long
(Studio: Peter Jennings) A bad Friday for investors in the stock market due to reports on inflation introduced. Stock Market Report.
(New York: Bob Jamieson) The biggest one-day point losses on the Dow and Nasdaq examined; Dow numbers graphed; examples of big stock drops cited.
(Studio: Peter Jennings) Report introduced.
(New York: Betsy Stark) The response of the negative psychology of the market to inflationary numbers and sheer momentum examined. [Bank One Diane SWONK, First Albany Corporation Hugh JOHNSON - analyze the market drop.]
(Studio: Peter Jennings) Interview held with PaineWebber's Art Cashin about the day on the market. [CASHIN - calls it Internet stocks the "dot- so-calm" market; explains why the day was not frenetic.]
(Studio: Peter Jennings) Further coverage of Wall Street on ABCNews.com noted.
(Studio: Peter Jennings) An intermission in Miami in the case of six-year- old Cuban refugee Elian Gonzalez reported; scenes shown of Elian with an umbrella.
(Justice Department: Linda Douglass) The pace of the legal maneuvering between the government and Elian's Miami relatives updated; details given from the Justice Department brief to the appeals court and of the latest statement from Elian's father, Juan Miguel Gonzalez. Attorney General Janet Reno and President Clinton said talking about the case on the phone.
(Studio: Peter Jennings) Interview held with ABC legal analyst Jeffrey Toobin about Elian's case. [TOOBIN - says it is unusual for the federal court to ask to hear from the relatives in a hurry to wrap up the case; outlines the limited options for the family's lawyers.]
(Studio: Peter Jennings) Announcement by the American Federation of Teachers union in support of testing teachers noted.
(Atlanta: Michele Norris) The AFT proposal for testing teachers examined; tenets outlined on screen. [AFT President Sandra FELDMAN - says we need to challenge our kids.] [In Atlanta, President CLINTON - backs improving teacher quality; adds that more qualified teachers are needed.]
(Studio: Peter Jennings) Announcement from President Clinton setting aside sections of the Sequoia National Forest in California reported.
(Studio: Peter Jennings) France's response to a school in Georgia that sent 3,000 seedling to replace damaged trees reported; scenes shown from Versailles of trees devastated by last year's storms.
(Studio: Peter Jennings) Statistics on the American worker on the job cited.
(No location given: Robert Krulwich) The approach in the Netherlands to work and life where the work week is shorter thanthat in the United States featured; statistics on the Dutch work force and economy cited. [XS4ALL CEO Doke PELLEBOER - comments on work.] [American-born mother Elizabeth McFADGEN - reacts to receiving maternity benefits.] [NRC Handelsblad economic writer Roel JANSSEN - recalls the economic problems of the 1980s.] The Dutch solution of improving the economy by shortening the work week and hiring more part-time workers explained. [Two Dutch WORKERS, three American WORKERS - react to limited raises.]
(Studio: Peter Jennings) The call from Saint John's University for a Bible created by hand on the 600th anniversary of the printing of the Gutenberg Bible featured; scenes shown from the Royal Scriptorium in Wales where the project has begun. [Saint John's Father Eric HOLLAS - calls for spending time on the word of God.] [Calligrapher Donald JACKSON - cites his dream of illuminating the Bible; explains the feeling of power in calligraphy.]