The history of Newsnight's nightly markets update has not always been a happy one. On Thursday we reported that in New York the "Dow Jones was substantially down amidst more credit crunch fears". That's odd, many of you told us, as - being Thanksgiving - Wall Street's finest were on a day-off. Our economics editor Stephanie Flanders was mortified - "unforgivable and embarrassing" was her verdict. Newsnight logoThis is, I am ashamed to say, not the first time we have made such a mistake. The markets information is almost always the last thing we do on Newsnight and in the scramble of a particularly lively programme last night we neglected to notice that the US markets were shut and blithely reported the day before's figure. I'm sorry and I'm determined this won't happen again. A couple of years ago we thought one way of avoiding problems with the markets was to abolish the spot altogether, but the outrage then means we won't try that again. Instead, we have inserted a note in the markets page which will read for ever more: MAKE SURE YOU CHECK THE AMERICAN MARKETS ARE NOT ON A HOLIDAY

posted on 11/29/07

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