Boris johnsons condition has worsened although he is said to be in good spirits. The virus pushes australia closer to its first recession in almost three decades. There is no expectation that the rba will make any changes when it needs meets later. Shery lets turn to President Trump at the white house. He is giving a press briefing on the coronaVirus Outbreak. Take a listen. Pres. Trump 15 are in plans for critical trials in clinical trials. A Second Company enough the fda has authorized its vaccine candidate to begin clinical trials. Johnson johnson is already there. I believe they were the ones that are first. Now we have a Second Company that has Just Announced and was just approved. We have two companies at that level. 100 ift performed you think of this 1. 79 million tests. 1,790,000 tests. I believe we are going to put on the screen. This is the process starting on 5 march and ending right about now. Yesterday. Pres. Trump and it is going up at a rapid rate. Nobody has done more
But a new target seems to be its retail customers. First, to our top story. That is last year, tim cook stunned investors when my company readjusted its forecast due to struggles in china. What a difference a year makes. Official Government Data shows the apple smartphone shipments in china grew 19 yearoveryear in december. That marked a big jump from previous months. It is particularly remarkable when shipments of phones of all brands were down 14 in the same period in china. For more, i want to bring in our reporter. Are you surprised by the amount of bullishness we have on apple and the iphone shipments in china . Certainly in china, that number is a surprise. Engine broad bush push in china to have consumers by phones instead of iphones. Has of the trade tension come down in recent months. Maybe that has something to do with it. I think more to the point, a device like the iphone 11 is a little cheaper, the battery life is very long. The photos you can take are better than the prev
Today. This time dow industrial rising. Nasdaq at 28. 1 . These were all miraculous record closed by the way. Where did that momentum come from momentum is a tricky thing i can tell the market is on fire because employment is red hot. We know adp, at least incredibly strong numbers the Labor Department will give us a positive non farm payroll report tomorrow. I can tell you people are buying stocks, good feelings, breaking up with u. S. And china thanks to phase one trade deal chinese seems to be placing large orders with american business, dont you think . There is just one problem. I am not buying that these i am not just pushing these medical forces i think theyre not the force of todays market momentum. Why . Well, because momentum is what happens when a stock keeps worrying for emotional reasons and not financial reasons. A stock that goes higher because buyers went in at any price, that my friend is momentum now especially i like it when stocks rally i am not a fan of momentum bu
Escalation that the u. S. Has cited for the a bird attack was the downing of an unmanned surveillance drone by Iranian Forces but wild World Leaders from the e. U. Russia china france the u. N. And the u. K. The vatican and germany have all urged restraint and voiced opposition to the plot the news still resonated elsewhere in the region in iraq and nation that is no stranger to u. S. Actions the tax stalled a deal that was nation has struck with an Oil Giant Exxon mobil to boost output in the recovery nation. According to a reuters exclusive the deal which is worth 53000000000. 00 has been held back due to the move on iran and the heightened tensions in the area. The strait of hormuz is in focus as President Trump called out the military strike against iran and now the market is reacting but if this trend continues what can we expect to see in the oil sector and what are the other factors that are play for the rising prices here to drill into all the details hard she produces science
Rising tensions in the strait of hormuz its a pivotal choke point for a Global Oil Sales that sees major commerce shipped through daily the key point of escalation that the u. S. Has cited for the adverted attack was the downing of an unmanned surveillance drone by Iranian Forces but wild World Leaders from the e. U. Russia china france the u. N. And the u. K. The vatican and germany have all urged restraint and voiced opposition to the plot the news still resonated elsewhere in the region in iraq and nation that is no stranger to u. S. Actions the tax stalled a deal that was nation has struck with an Oil Giant Exxon mobil to boost output in the recovering nation. According to a reuters exclusive the deal which is worth 53000000000. 00 has been held back due to the move on iran and the heightened tensions in the area. The strait of hormuz is in focus as President Trump called out the military strike against iran and now the market is reacting but if this trend continues what can we exp