All of the sectors are lower. One of those stocks is Newmont Mining because gold is higher as a safe haven, up 1. 3 now, well above the 1600 an ounce ma rk. Clearly an ominous environment right now. Earlier this week, we had swings day,. 2 and plus 1 in one so it is not unusual to see these swings today. The other assets i wanted to point to, dollaryen. We are seeking we are seeing a weaker dollar. Very interesting move in the currencies, and obviously that will continue throughout the session. If we have the s p 500, i can show you that the stocks that are lower are primarily once vonnie live from new york, im again the travel companies, the airlines. American airlines down seven vonnie quinn. Guy from london, im guy point 5 . The moves to the downside are very big. Johnson. Welcome to bloomberg markets. Vonnie lets check in on the united down. Royal caribbean lower. State street lower. First word news. A note out from an analyst on heres viviana hurtado. Viviana rates for 30 year u.
The Dow Jones Industrials plunged 2,000 points. And trading was halted trying to break the slowoff. The Circuit Breaker slowed but didnt hit a decline. The national leftwing media playing up fears of the coronavirus that affected 113,000 people in 111 countries and territories around the world. Well turn to the dimensions of the pandemic here at home later in the show. Vladimir putin refused to go along with saudi arabia and opec to boost oil production. The result soil prices suffering the worst collapse since 1991. For the day, the dow, the nasdaq and s p dropping 7 . The losses amounting to 2. 5 trillion in lost market cap. Well have lots more on what to expect in the days ahead. The worsening outlook for the coronavirus pandemic is bringing more fears. A cruise ship carrying 3,500 people docking in oakland after spending the past five days offshore. 21 people on board the ship tested positive for the coronavirus. After removal from the ship all passengers will face a 14day quaranti
A gender diversity problem and the bigger the company the worse it gets to find out whats being done. On. The ink on the signatures has dried lets see if that helps world trade. U. S. President donald trump and chinas vice for merely ohare have signed phase one of a trade deal its aimed at setting settling a conflict thats lasted more than 18 months the pact will loosen some u. S. Tariffs on chinese made products and sent to the United States and increased beijings purchases of u. S. Made goods. This deal marks a new era for u. S. China relations thats what u. S. President dont trump and chinese vice premier real hate said in washington the most significant part of the phase one trade deal is a pledge by china to buy at least an additional 200000000000. 00 worth of u. S. Farm products manufactured goods Energy Supplies and services in return the u. S. Will loosen some of its tariffs on chinese imports. Together with righting the wrongs of the past and delivering a future of Economic Ju
In kind irgarthen pay for school lunch selling cocoa and cookies. It has it all, capitalism, and charity. That and much more on making money. Charles boeing shares soaring today. The Company Announcing that the ceo is stepping down. In his place David Calhoun and he will begin in january in the wake of two deadly plane crashes, and how the Company Handled the whole problem with the fleet of 737 max jets for months now. Boeing, the most important critical, stock in the Dow Jones Industrial average, helping that index hit a new alltime high. Now many people are starting to ask, could this be the greatest stock market rally year for the market ever . I want to bring in bellpointe chief strategist david nelson and phil blancato. Start with bowing. It was unmitigated disaster. I thought it was a Public Relations disaster going back to the lyon air crash. Now we brought in David Calhoun. He was with ge, he was with caterpillar. He was with nielsen. He worked at blackstone. He has the right p
Started a Popular Uprising that led to millions marching in the streets of chile. We put together a holiday cover for you. What a year. We think this is one of the biggest stories of the year. It started with we work. Earlygazine covered very on even during ipo chatter. As that developed and went on and on, there was another story that we started to think about. One of the biggest investors in work. Did talkoftbank, we about it and what i love about this story is that you guys go into the layers. The visionary at softbank, especially the vision fund. A 100 billion dollar vc fund that can do a lot of things because it has so much money. Ways it can do that is to going to some thing like we work which is a Business Model that may not have been right for the long haul. They were very aggressive. Go big or go home. Some wins, other times it doesnt. And what this revealed was the fundre within the vision where there is a lot of tension. Its a big story. Another big story is businessweek tur