Ginsburg made the political picture in washington significantly more complicated with some analysts saying the odds of another round of stimulus before the election falling sharply. Bank stocks are getting crushed today as well amid new report about major firms dealing in suspicious funds well have more on that in just a bit. We have 59 munz left left to goy volatile session still make for the worst day in a while. Percentage terms, were down 2. 2 as we stand ahead will be all over the selloff in the final hour of trade. Billionaire investor Mike Novogratz will join us with his take on todays plunge and whether he is buying any of the dips after three straight lease losing weeks and well speak with john kerry in an exclusive interview. Well get his take on the Supreme Court, on stimulus, on the election and that final month run in of campaigning which, of course, he knows so much about lets focus in on the big stories were watching on a very busy day of news mike san toll toli is track
What she needs to break she when it. Comes. To shapes possible sense of. The quran a Virus Outbreak has changed the world no one can say for sure when it might end for now news bulletins look more like dispatches from the front lines some countries have run out of coffins and others to digging mass graves doctors and nurses are the heroes of the day so we approach some to ask how theyre coping with the outbreak and what to expect. Just manage a few very. Many yes yes they can use me as early as tuesday they think theyre going to see it as me the next day you are. Telling them but them yet it is the 1st. Yes the i love the look of a much better deal it might or should what. Eventually school will works and its one of the 1st countries in europe to be affected by the outbreak called the nineteens patient 0 was diagnosed here in late february after just a month the number of cases had sworn 250000 more than 4000. 00 had died and later it turned out that the virus had spread to the italian
President making those comments as he looked to defend his new european travel ban, latest on that prowhite house with blake buhrmann standing out but first Kristina Partsinevelos on this historic day at new york stock exchange. For the wrong reason. Reporter right, i cant believe i have been here twice the markets have been halted. For 15 minutes, the second time this week because markets dropped 7 in first 5 minutes, we have note seen lows like note seen lows lik not seen lowe this since 1987 black market crash, all market in bear market, they have dropped 20 from recent high, a broad selloff, gold fell, oil sell, travel industry got hit hard, we know that president did announce they are banning ought flights m the eu. That weighed heavily on united, american, and delta, more than 21 . Then cruise lines as well, another industry really taking a beating mor norwegian and carni, they voluntarily said they would cancel their princess cruise ship for next 60 days, that hopefully we can b
Your sports today. Huge day. Chris, what do we got . Yeah. Morning whos going through to the Rugby World Cup quarterfinals . England and wales are can Scotland Join them by beating ireland . Beating ireland . Well, its lovely to be with you this lovely morning. Looking fonnard nice barbecue fonnard to some nice barbecue weather well. Well tell you weather as well. Well tell you all on. Good all about that later on. Good morning. Im anne diamond. And im Martin Daubney and this breakfast gb news. This is breakfast on gb news. Yeah, i mean, you dont expect this sort of weather in october. Thats whats making it pretty historic. A lot of the pretty historic. A lot of the papers this morning are sort of talking about an october heatwave. Im absolutely loving it. And certainly it was lovely weather yesterday in most parts. I was in my garden yesterday, did a bit of planting and a can of beer and the sun. You dont expect it felt like you dont expect to in october just felt amazing and long it
Than 10 down from its high two weeks ago. Should you step in and buy or get away dan . It is tough the stock closed poorly, down on its lows, down 11 from the alltime highs it made just a couple weeks ago it was one of the best stories in the market. I think whats most important to reflect on today, you can try to guess why the s p 500 sold off we know why apple sold off something fundamentally changed. A big part of that i for the last year there has been a notion there was going to be an upgrade super cycle because of the ten Year Anniversary of the iphone last nights results told you there is not going to be an upgrade super cycle. What they did was played a good trick on their most faithful customers, they raised prices on iphones and therefore the average selling prices on the phones they sold last quarter were much, much higher year over year thats fantastic for the company. Meant good margins the concern is they missed by 3 million units. The channel inventory is at its highest