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00:00:00
mk dnmt this is turning out to be anything but a happy new year for investors around the world Wednesday claim by North Korea of a successful hydrogen bomb tests is the latest thing to knock the wind out of shareholders I'm come again in the York stock markets here in the U. S. fall into a low not seen in months and that not just because of North Korea a report out today showed that growth in the services sector here in the west flow to it lowest level in seventeen months also we got word that China has weakened its currency once again in order to prop up the world's second biggest economy and oil prices continue to fall despite rising tensions in the Middle East between Saudi Arabia and Iran not even tell which was last year's stock market Darling is providing a place to hide shares of apple taking another leg down Wednesday on worries the latest I bones are not living up to apple stellar track record on source told Reuters that talked on the company that put device together for apple is cutting work hours adding to speculation of lackluster demand for the iPhone six and larger screen six o'clock apple is expected to cut production by thirty percent this quarter in order to clear out a glutton supply according to a report by Japan's Nikkei apple shares went down from twenty five percent , and hitting an all time high last spring , so far this is the worst out of the new year for the Dow since the financial crisis but this time investors are worried about more than just money