Dow Was Down Sharply On Thanksgiving, BBC Reports

Posted by John Carney, Nov 26, 2007, 4:56pm

While most Americans were enjoying our “jingoistic” holiday on Thursday, the Dow apparently dropped “substantially…amidst more credit crunch fears.”

Or, at least, that’s what the BBC’s Newsnight reported. And it was only after viewers informed them that the US stock exchanges were closed for Thanksgiving that they realized their error.

They’ve gone and apologized for the mistake. You see, they don’t really get around to the market information until the last minute and they simply overlooked the fact that they were reporting the news from the day before. Apparently, this has happened to them a couple of times. Now they have found a way to ensure against future errors. They are going to insert a note on the page where they write down the market information that will read: “MAKE SURE YOU CHECK THE AMERICAN MARKETS ARE NOT ON A HOLIDAY”

Market sentiment [BBC News]

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Comments

Posted by , Nov 26, 2007 5:19PM

The Brits are so condescending. It amazes me how much crap most Americans let them get away with - just because of their "sophisticated" accent.

Posted by Bugs Meany, Nov 27, 2007 10:04AM

And thanks to their enlightenment and superiority and multiculturalism, London is the jihad capital of Europe.

Posted by Toro, Nov 27, 2007 10:18AM

The market has been so crappy lately, the news media has resorted to playing a pre-recorded message on their broadcasts that the markets have fallen, then dubbing in the amount.

As for the BBC being clueless to what's happening in the US, well, America, welcome to how you see the rest of the world!

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