Or 1800743cnbc. Today our hospitals are packed with covid patients. This milestone seems damn right crazy. After another trip of the dow surged 455 points and s p jumped 1. 6 i am telling you that this surge to 30,000, dont look at it that way. How do we explain this region of the bull market. Ten reasons why this thing work. Not only it will holdup overtime, you got to know it first, the results, results wont be overturned. There was a slim chance hell be able to beat biden in the courts or if not the polls but he could not pull it off. At the end of the day there was just not any fraud when the president lost in pennsylvania, it is up second, vaccine. We got one vaccine of 95 efficacy from pfizer the second one is similar. Then astra seneca. 100 million doses to the United States by years end if they get the delivery right which they probably will. You have to hope it will go to First Responders and Nursing Homes and you get it at the pharmaceutical locations trust scientists and tha
Moderna says its vaccine is nearly 95 effective moderna up 9 , 10 right now while the other vaccine stocks are actually dipping we are awaiting president elect bide wren to give remarks about state of the economy after meeting with top Business Leaders and ceos today well get you there when it happens as power lunch starts right now. Thank you, ty. The dow was soaring to alltime highs, just shy of 30,000 today. All signs pointing to a continued rally except for one, a very important one lets go to bob pisani for more on that. Bob . We are seeing that moderna is helping the market overall and continuing a trend that we saw for the last really week and a half lets take a look at the sectors here the story is valuelike banks and Energy Stocks has been outperforming growth areas Like Technology for example nen weve seen cyclical sectors like industrials, for example. Generally outperforming defensive sectors like consumer staples. Generally small caps have been outperforming big caps in is
The us President Donald Trump has fired his defense secretary marc esper via social media esper clashed with trump in june over sending military troops to Disperse Protesters is being replaced by the head of the Counterterrorism Center Christopher Miller speak to a White House Correspondent can really help it in washington d. C. So what more do we know about this firing. Well it had long been rumored that this could happen in fact so much so that marc esper had a Resignation Letter that was all set to go but then the feeling was that in fact his job was secure in so this was never handed over is what we understand now it was expected that potentially if donald trump won the u. S. Election that he would fire mark asked for but it appears even though donald trump has not been the projected winner that this is happening anyway and. What the concern is and all of this and why this has been talked about for so long as the 2 of publicly really had some distance in terms of their positions fo
High profile dismissal President Donald Trump announces hes fired defense secretary marc esper on twitter. Thousands leave the regional capital in nagornokarabakh as fighting between azerbaijan and armenia intensifies. Terms in doha with only sports news 27 team asas champion Sergio Garcia withdrawals from this weeks tournament after testing positive for corona virus. American drug maker pfizer has released interim results show its vaccine is effective against the corona virus the news has been welcomed by scientists and World Leaders and triggered a surge on Global Markets the vaccine developed by pfizer and german start up by on tech was found to be more than 90 percent effective in preventing covert 19 among study participants no serious safety concerns were observed among the more than 43000 Party Percent across the globe a study showed just 94 confirmed cases of kevin 19 of the news has been called a great day for science and humanity and while the World Health Organization says t
Joe biden making that final push to win over voters just days before the election. Brian sullivan lays out the big guide in one big battleground stooit stat state. And well go live overseas into the deep dive an app hes success. Youre watching World Wide Exchange good morning, im dominic chu in for Brian Sullivan. Lets get right to how the money and the markets are shaping up right now as you have been seeing in the corner of your screen, stock futures are indicating a lower open, right now the dowism app isdow implie nearly 400 points. S p by about 49. And the nasdaq lower by 220. Well get in to that more. Stocks are looking to cap off what has been an incredibly turbulent week the three major indices are now done between 3 and nearly 6 so far in just that short time span alone. It is also the last trading day of the month and october proving to be a tough one for investors. The dow down nearly 4 , the s p down 1. 5 . And the nasdaq with a fractional gain, although we know the nasdaq