Of ambleteuse and was driven Onto rocks where it came apart. The Rocky Shore made the french Rescue Effort difficult. Just yesterday alOne, around 800 migrants crossed the channel On 14 boats. For the very latest, lets cross live to our reporter SimOnjOnes Whojoins us from the french side of the channel. What more urban learning about yesterdays tragic events . This haened yesterdays tragic events . This happened in yesterdays tragic events . This happened in the yesterdays tragic events . Ti 3 happened in the very airy hours of this morning, just after midnight french time. A dangerously overloaded boats carrying around 60 people set off from the beach near here, and it actually didnt get very far. Because it ended up On the rocks, and they boats effectively broke up. Of the people On board, eight people lost their lives, the others were rescued. Some needed treatment here On the quayside, and some people were taken to hospital, including a ten mOnth old girl with hypothermia. And we
Since 2021 and nearly four times last years figure. The boat got into difficulties off the french town of ambleteuse and was driven onto rocks where it came apart. The Rocky Shore made the french Rescue Effort difficult. The channel has claimed more lives. This is what remains of the Flimsy Dinghy that took to the water in the early hours, with the aim of getting to the uk. Most of those On Board had no life jackets. Among the dead are people from eritrea, sudan, syria, afghanistan, egypt and iran. Translated the toll is devastating as we mourn the vessel departed from the Slack Sector near the town of wimereux with 59 people On Board. It quickly ran into trouble and appears to have crashed On The Rocks directly in front of where we are now. Survivors were offered Emergency Treatment on the quayside near to the spot from which the boat had departed, dangerously overloaded with its human cargo. So far this year, at least 45 people have died attempting the crossing. Thats almost four tim
How retailers are shifting Sales Strategies online this Holiday Season then, questions over astrazenecas vaccine trial, what the ceo is saying this morning. And finally what a salesforce acquisition of slack means at this hour. Right back at you in terms of this market action, we have seen it a lot, mike in terms of the dows performance this month there has been some rotation lets start there. Somebody this morning saying aerospace is up 40 . Which frankly i did not necessarily know it has been that strong in that short amount of time does it continue in this rotation or do we have to watch this in last day, day and a half of trading there has been a stutter step in that rotation. We had a couple of these since march. One of them peaked in june now it has been very, very aggressive aerospace is part of the industrials group. Industrials fully kind of got back to precovid levels and the valuations of industrial stocks are well above where they were based on expected earnings eight month
First lets go right to bob pisani for more on the market selloff today. We are off the lows but just barely 3366 was the low today, 3381 right now. Lets not quibble about a few points the damage is pretty widespread, but the general theme is cyclical stocks and stocks most associated with reopening stories are having a tough time of it. Energy, oil down about 3 at 1 , banks, which had a good time last week not starting off the week well, industrials, another cyclical group and defenses will sectors like utilities and staples all down sap dropped as much as 21 over in europe here they cut their revenue forecast for the full year they expect a fresh wave of lockdowns to hurt demand through the first half of 2021 first off, first half is alarming but just the idea that general airically t general ai generically, people are betting its a broader more than stock specific so we have no stimulus right now of any term, near term, long term, any term we have a reopening story thats going rather
Supposed to deal with all of that . Thank you, mayor. I appreciate this, and again, this is such a challenging time, i would say the risks the downsides to the shelter in place and the slow reopening are very real and very concerning from a health standpoint and an economic standpoint. I think the Counter Point is no one has said, were going to go ahead and open quickly. As you see across the country, the Mental Health consequences of opening and having a surge, many people are struggling in San Francisco, but if we have a surge like we saw in new york or unfortunately like we saw in houston and parts of florida, we would have all of those concerns that youre talking about on top of the overwhelming the Hospital Systems due to covid19 plus the covid19 pandemic and everything that were dealing with and managing today. Unfortunately, theres downsides to where we are today, but theyre even worse. And we just want people to understand that these times are hard, but we have a pandemic in ou