People are useeto saying whthe cure, wheres the therapy . Weve had vaci we know how to make vaccines for a lot of things but weve never tried to do it with the clock ticking like this. Woodruff all that and more on tonights p newshour. Major funding for the pbs h newshouras been provided by when the world gets complicated, a lot goes through your mind. With fidelity wealth managemendv a dedicatedor can tailor advice and recommendations to your life. Thats fidelity wealth management. The william and fra hewlett foundation. For more than 50 years, advancing eas and supporting institutions to promote a better world. At www. Hewlett. Org. With the ongoing suppor and individuals. Tions this program was made possible by the corporation for public broadcasting. And by contributions to your pbs station from viewers like you. Thank you. Oodruff the covid19 pandemic in the u. S. Is generating both despair, and hope tonight. Total infections have soared over the 11 million mark nationwide, but th
Drug, dick york, the therapy the drug, the ce, the therapy. Judy all that and more on tonights pbs newshour. Major funding for the pbs newshour has been provided by with fidelity wealth management, a dedicated advisor can tailor advice and recommendations to your life. That is fidelity wealth management. Consumer cellular. Johnson johnson. Financial Services Firm raymond james. Bmsf. The william and flora hewlett foundation. Advancing ideas and supporting institutions to promote a better world. The chance zuckerberg the chanzuckerberg initiative. At czi. Org. And, with the ongoing suppor of these individuals and institutions. This program was made possible by the corporation for public broadcasting in support from viewers like you. Judy the covid19 paemic in the u. S. Is generating both t despair and hoight. Total infections have soared over the 11 million mark nationwide, but there is also progress in the effort to stop the virus. William brangham begins our coverage. William a new we
The strongest week since back to april. However, you have to put that in context. Two weeks ago was a lousy week in fact, two weeks ago the dow lost just over 1800 points, down by 1833 points last week the dow was up by 1821 points so that was a giveback for the dow kind of starting things over if you look at the other major averages, they got back much more ground than they had lost the previous week. Last week the s p was up 329 points after being down 195 the week before and the nasdaq was up by 983 points last week after losing 636 points the week before but again these gains this morning are significant ones they are adding to what we saw last week. Also, take a look at whats happening in the treasury market youll see that right now the treasury, the tenyear, is yielding 0. 812 so its stabilized after bouncing around quite a bit during the election and the election counting last week stabilized at 0. 812 andrew thanks, becky our top story this morning, president elect biden wastin
Good morning welcome to squawk box. Im becky quick along with yoe kernen and mike santoli. Andrew is off today. Well start things off with the stock futures after some positive vaccine news drove the dow and s p 500 to record highs. Dow giving back some of that ground, down by about 100 point, but remember how far they have marched for the last three weeks. S p is indicated down by about 14 points and then the nasdaq is indicated up by about 12 points. We do have some breaking news from amazon and better that coocoo Bertha Coombs ohas that story they are launching a full Online Pharmacy building on its acquisition of pill pack the new pharmacy is innetwork with major insurers and medicare and patients can pay for their prescription copays with funds from their Health Savings accounts just like they were at any pharmacy and they can confer with pharmacists online or over the phone about their prescriptions. Prime members get free two day shipping, patients who needs meds right away with
Im becky quick along with joe kerr de kernen and Andrew Ross Sorkin. After two days of optimism, the get out there again trade was on turned around a little bit yesterday. We did see people rushing back to the stayathome stocks as covid cases and momentization hs continue to climb. And some states are imposing restrictions and the nasdaq ended up 2 after being down monday and tuesday. Yesterday the dow ended flat, right now indicated down by about 115. Never made to the record, still waiting circumstanling around tt s p 500 down by 2. 5 and nasdaq indicated up another 51 points this morning these were the stay at home stocks, amazon up, apple up 3 , zoom which had gotten hammered, yesterday up by almost 10 took c docusign 5. 2 and netflix 2. 2 and treasury yields, yesterday it was closed for veterans day this morning it is open and you can see the ten year still around the very heightened levels, again, not historically, but based on what weve seen in recent history within range of 1 a