The pullback overblown . A change at disney. Bob chapek becomes ceo immediately. Bob iger will remain chair and continue to direct creative endeavors. Another bloody day in the markets on the back of more bad news on the coronavirus. Watching the edge of another cliff. No surprises for how we are set up for this wednesday trading day. New zealand already off by almost 2 futures. Here in sydney, poised for another drop. Asx off this week. A couple of things to watch out for when we do get going, Virgin Australia announced a firsthalf loss of 97 million. We are also expecting rio tinto earnings after the close. Nikkei futures off about 1 5 of 1 . A quick look at the currencies. The aussie dollar did briefly dip below . 66. It is just holding on above that level them. The yen continuing to strengthen. A little bit of a rebound but not much in the 10 year as well. The u. S. Centers for Disease Control and prevention is warning americans to prepare for the coronaVirus Outbreak at home. It i
Day. Thet issues and trade, ongoing battle between the u. S. And potential cyber warfare. Here in california. A lot of people commute. It is a feeling our colleagues in asia have been living with for weeks. How are markets opening up over there . Paul some unambiguous signals. New zealand has been open for an 2. 5 , aready off by move down of similar magnitude for futures in australia. 4. 5 , theures are off kospi weaker as well. We continue to see strength in the japanese yen. A lot of data coming out of japan today, retail sales, tokyo cpi, both of those contracting, even before the coronavirus outbreak. Take a look at the yields, big move down. Of at a fresh record low. 83. Global stocks plunging to fourmonth lows, u. S. Equities falling the most since august 2011 as anxiety over the coronavirus deepens. Lets get to Abigail Doolittle in new york. A lot of red. And id be on the close. Averages all down more than 4 , there was a rebound rally attempt. Turned briefly higher, but that i
International friday december the 27th grade with real world news this hour im sorry to say starting with tragedy in central asia in kazakhstan where a passenger plane has crashed killing at least 14 people the aircraft lost altitude soon after takeoff clipped a barrier and true Story Building 95 passengers and 5 crew were on board flight. 135. 00 others are injured including 9 children the area around the crash site has been evacuated as the plane was flying from the countrys largest city to the capital. The craft for 100 manufactured in the netherlands in the 1980 s. And all types of that plane is now been grounded in cassocks down pending an inquiry president has expressed his condolences to the families of the victims hes also one of the Prime Minister to lead a special commission to investigate the tragedy. Lets talk now to see for a riff and whos director of aviator e. Into nature thanks for joining us on r. T. This morning of course takeoffs and landings for any cockpit crew of
Josh lipton joins us with a look at the incredible stock, the incredible year. Hey, josh. Reporter carl, thats right. As 2019 comes to a close, apple investors have plenty of reasons to celebrate that stock has enjoyed a remarkable run surging more than 80 this year. That means apple is on track now for its best year since 2009 another way, it added 530 billion in market cap this year. Thats the equivalent of two netflix, three teslas, with a few billion left over. The nasdaq is market cap weighted, given apples size, it helped to power the index to a record 9,000 level today, most Analysts Covering apple rate it a buy. Nearly 60 in part because they think tim cook with the current lineup of devices will be able to keep iphone revenue relatively flat the next few quarters, even as services and wearables continue to go strongly theyre betting that should be enough to drive Single Digits growth for the company what are the risks for investors to consider . I caught up with gene munster,
Of life. Janis Mackey Frayer is in new zealand. Reporter two explosions, a huge tower of ash and steam shooting up 12,000 feet. No, no, no. Reporter the eruption captured by anxious tourists as their boat pulled away from the island. Reporter michael shade and his family had just finished their tour. It was hard to stop crying long enough to take the photo and take the photo and start thinking about it and start crying again. Reporter rescuers are struggling to reach the island, now smothered in two feet of searing ash. Reconnaissance flights confirm there are no signs of life at least five people are dead, eight are missing. At least two americans are among the injured. Matthew ryan and his wife lauren. There were two groups on the island those who were able to be evacuated and those who were close to the eruption. Reporter just one minute before the eruption, a camera captured this stunning image appearing to sho people just tiny specs near the rim of the crater. Sky diving instructo