The America Health Care Association is with us this morning to talk about the impact of covid19 and health care facilities, Nursing Homes across the country. Good morning, dr. Gifford. Good morning, bill. Since the pandemic began first of all, how many give us numbers on how many facilities, assisted living facilities, Nursing Homes, your organization represents. Theres about 15 now Nursing Homes in the country and about 35,000 assisted living and we represent about 10,000 of the 15,000 Nursing Homes. What has your organization done since the beginning of the pandemic, the changes you have made to address the issues, the spread of the virus, the deaths in those facilities . Well, i think the challenge has really been learning about the virus. Early on, no one new about the virus. It was really hard to control. We didnt know so many people who didnt have symptoms could spread it. We didnt have availability of testing. We didnt know what the right practices were. And so it was very hard
Lashing today over how their companies handled 2020 election. Heck out few hours indicating a decline as we await october retail Sales Numbers out this morning at 8 30 a. M. Dow industrials down 88, nasdaq is up 14 and s p 500 lower by 14. Record day in wall street to start the week yesterday, dow finishing at its first alltime high in 9 months boosted by the positive news on modernas phase 3 vaccine trials. At the close up 471 points, nasdaq up 95, almost 1 and s p higher by 41, better than 1 . Big day for retail earnings, walmart and kohls and home depot all reporting this morning, we will have the numbers as soon as they give hit the tape. Holidays in digital world. Zoom is helping you and your family out if youre planning on a virtual turkey day, its making a buzz, mornings with maria is live right now. Maria home depot earnings hitting the tape right now and european markets are lower, cac quarante down 9, dax index lower by 25, take a look at home depot numbers, revenue above exp
It could take away protections for more than 100 and people with preexisting conditions. And hurt the millions of americans who have come to rely on the Affordable Care act, getting rid of the Affordable Care act will take us backwards. To a time when people could charge a woman more for her health care than they could charge a man simply because she is a woman. To a time when pregnancy could be considered a preexisting condition. It will take away free Birth Control and contraceptive coverage for women. This is all happening at a moment when our country is suffering to a pandemic that has claimed more than 238,000 lives. And we all know that if the Affordable Care act is struck down, communities of color would be hit particularly hard. Asians, hispanics, native americans. They are at a greater risk of preexisting conditions. They are three times as likely to contract covid19 and twice as likely to die as others. I know we all know that we had election whered health care was very much
And were awaiting comments on president elect jooe biden. And later, the biontech ceo will be here to discuss their groundbreaking results showing their vaccine with pfizer is more than 90 effective. Thanks, welcome once again to power lunch. I am john fort check out some of the tech heavyweights Apple Holding up after announcing its own line of chips for computers and names like amazon, facebook, microsoft all under pressure at this hour. And on the flip side, take a look at whats leading gains in the dow. Its walgreens up 8 , boeing up 5 for more on the divided market, lets go over to john pisani you hit it right. It is essentially out of growth and the rally in cyclicals value, not always the same thing but cyclicals and values are continuing. John mentioned walgreens theyre going to be an administrator of the covid shot. Walgreens and cvs moving thats a very specific story by bu si but cyclicals Like Aerospace boeing has been a huge mover in the last few days, 3m, oil stock is anot
And tech is staging a comeback, or at least it was, after yesterdays big losses well off the highs. Another brutal day of nikola the first sell rating on wall street and colorados governor warning of a potential wave of Coronavirus Infections the governor will join us with the new measures he is taking to try to stop the spread first up, lets focus on the big stories were watching one hour left of trade we have the latest on the stimulus stalemate in washington a half hearted bounce this morning. It seems like the dip buyers they keep drawing new lines in the sand as they back up and this morning the s p 500 futures got down to 3200 almost right to the tick we did bounce off there and then we have the post 2 00 p. M. Eastern time selling again a little Risk Reduction where people are not quite sure if if the footing is there for a strong close this down trend developed here were going back gagain to the june 8th high. Were turning around i point to the late july area. A lot of the leve