Good morning. Im tai hernandez. Diana perez is off. Im john muller. We begin this monday with the second deadly plane crash in two days. Ten People Killed when their air taxi crashed at a remote alaska airport late yesterday morning. It was the worst aviation disaster in the state in the past 25 years. The plane was already engulfed in flames by the time firefighters arrived. A team from the ntsb is expected to be on the scene by this afternoon. All right. And now to that otherly deadly plane crash weve been following so closely. Overnight we learned the pilot of that plane that crashed in San Francisco was training for that specific type of aircraft. The ntsb released this video overnight showing investigators looking through the wreckage. The landing gear, pieces of the wing and the debris covered runway. And its our first look inside the plane after the crash. Mangled headrests, aisles of seats collapsed, oxygen masks hanging from the ceiling. Abcs brandi hitt is live in San Francis
Thanpredicted results but alcoas revenue fell short, and wds forecast was shy. Stocks rallied in anticipation of earnings. The dow gained 89, the nasdaq 6 and the s p 8. Gold added on 22 and oil lost 40 cents, ending around 103 per barrel. A muchanticipated vote happens today with fdic members potentially approving tougher rules on banks. Barnes and noble ceo William Lynch is resigning. Shares fell 2 when the news broke after the close. Lincoln ellis of Strategic Financial Group joins us now for a look at the headline stories happening on the trading floor. Good morning to you, lincoln. Good morning. Alcoas earnings are out. Does it set any kind of stage for corporate earnings this time around . Tough to say from alcoa, really. They beat on the top line, but the estimates have been continually ratcheted down three times, actually meaning only by a penny there. And they have been in the commodities space, so its tough to tell. Alcoas never really a great barometer of earnings, but they
This morning there is word its happened again. This time in alaska. Officials say all ten people were killed on board. The plane crashed just after takeoff around 11 00 a. M. Local. No word on a cause, but its the second Small Plane Crash in alaska since june 28th in a states where air traffic is frequent. A team from the ntsb is scheduled to arrive this afternoon. Now to the crash of flight 214 in san francisco. This morning were the getting our first look inside the jumbo jet. You can see whats left with many seats becoming mangled on impact. The voice recorder has been recovered. They are looking closely at the planes actions shortly before the crash when i pilots appeared to abort the landing. A goaround occurred 1. 5 seconds before impact. The crash tore the plane into two main pieces with its tail separating from the rest of the plane. Its still unclear what role, if any, the pilot played 234 the accident. It was the pilots training flight in a 777 but that he had thousands of ho