Social media reports to track spreading disease. Money toward a self driving startup. The race to bring self driving cars to the masses. Spotty recoveries but still a down day in the u. S. What are you looking at before the markets open up over there . Paul the virus inspired selloff does seem to be abating. New zealand is up, a reasonable balance after days of sustained selling. Futures in australia pointed toward another down day in the open. Keep rio tinto at the open. The worlds secondlargest minor. The guidance is unchanged. In see nikkei futures positive territory. Big day for korea as well. Think of korea decision day. Most economists see easing. Quick check of the currencies. The aussie dollar has a 65 handle. The yen continuing to show some strength. The aussie 10 year coming off those record lows. Emily as you mentioned, volatility, volatility, volatility. U. S. Equities traded near the close of the day. Reports on the widening coronavirus out rake as major indices and losses
Public safety radio dispatch. This will give you an idea of the rush to reach those men in the avalanche. Alpine meadows avalanche. Ski patrol requesting two ground ambulances, two confirmed patients, avalanche. Reporter thats the kind of radio call nobody wants to hear. Crews scoured the area and found in other victims. They wrapped up about 90 minutes after the avalanche. The cause is under investigation. A an a level avalanche area. It records the largest number of avalanches of any ski resort in the united states. You may remember in 1982 seven people were killed. Something like 15 inches of new snow. They have received 25 inches in the last 24 hours. The ski resort issued a Statement Today extending sympathies to the families and the friends of their victims. Theres much more going on here. Were going to get to it and well have more for you later. Live at alpine meadows. Thank you very much. In the past 15 minutes we received a statement and photo from cole comstocks wife. She sai
Even though it might be a happy new year, not so happy in risk assets. Second down day. Dropping the most in more than three weeks. Caution coming into equity markets and risk assets here at the end of the year. Most currencies gaining against it. Edging out. Yield same dynamic where money is moving out of equities but also out of bonds. The10 year yield, it was arrest the stock the financial world. Carlos ghosn was put on trial in japan. Allegations that he denied. The former head of nissan said he fled to lebanon to escape injustice and political persecution. Lets bring in will. Great to have you with us. Carlos ghosn has been under house arrest and was allowed out on bail in april. How did he manage to get out of japan under such heavy surveillance . Surveillances is in the right term for this. Its a mystery. Has his threed he passports so perhaps he escaped from japan using a different name, different passport. But he was under very tight surveillance, house arrest since april. Ver
Against each of them. In quick summary, our Human Resources director, kimberly acreman, has been leading that effort, along with donte king, and virginia harmon. They have been busy creating some standards that did not exist, about treating all employees fairly. It includes written recruitment policies that make the process more transparent. Integrating diversity into all of our h. R. Initiatives. Providing better training opportunities to managers and supervisors, as well as frontline employees, in partnership with the department of Human Resources. Reviving the e. O. Process to make it more easily understandable, and improving communication and transparency throughout. We are also, as you saw last week in our budget exercise, we have a significant ask around creating a new division for race and equity within the department, as well as a significant ask of increasing staffing at the department of resources in order to meet all of these goals. I believi think were making god progress,
Political relief rally banks are in focus this morning. This is bank of america calls citigroup its pick of the decade. The ceo of ulta will join us at post 9 this hour. Well begin with stocks on track to open at record highs. Also adding to positive sentiment, china confirming the vice premier will head to washington next week for the signing of that phase one trade agreement with the United States jim, its going to be busy next week between that and the kickoff of corporate earnings. It sure seems like everybody believes everything is going to be good. A sheer mention of the banks is really underestimated. There are so many people saying buy these. Why does that matter thats who kicks off earnings season already the expectations are pretty high. They better deliver after this run. And thats what these upgrades are mostly all about. I mean specifically on the banks. Goldman getting not one upgrade but two today out of buckingham and b of a, as b of a or it goes from 270 to 245 what ne