We will talk to him about what is ahead for 2020. He is the amazon executive who resigned over what he called vein of toxicity running through company culture. Those stories in a moment but first, tech earnings trickling out today. Abigail doolittle is with us. Abigail there was some action later in the day. Another sleepy day for much of the day for stocks. Record highs for the s p 500 and the nasdaq. News came out from pfizer, another headline that pfizer, the doses they will be able to provide for this year expected to be half of what had been anticipated. When the headline came out, it read very bearish. Stocks initially took a leg lower. The s p 500 going down three tens of 1 . A decent intraday move. The s p 500 finishing down for the first time in three days. The nasdaq, however, managing to keep a small gain and a record high on the date. Pfizer really slipped, 1. 7 . The barclays bond etf up 8 10 of 1 . Tones of riskoff, uncertainty around the pfizer news. Pretty interesting,
Fourth quarter shipments are up yearoveryear. We will talk to him about what is ahead for 2020. He is the amazon executive who calledd over what he vain toxicity running through company culture. Stories in a moment but first, tech earnings trickling out today. Abigail doolittle is with us. Abigail there was some action later in the day. Another sleepy day for much of the day for stocks. Record highs for the s p 500 and the nasdaq. News came out from pfizer, another headline that pfizer, the doses they will be able to provide for this year expected to be half of what had been anticipated. When the headline came out, it ran very bearish it read very bearish. Stocks initially took a leg lower. The s p 500 going down three tens of 1 . A decent intraday move. The s p 500 finishing down for the first time in three days. The nasdaq, however, managing to keep a small gain and a record high on the date. Pfizer really slipped, 1. 7 . Etf up 8 10 ofnd 1 . Tones of risk off, uncertainty around the
The answer is not for a long time even the greatest optimists think a mass vaccine in the middle of 2021 maybe something smaller this fall the idea of something that is just given to you in the hospital iv that makes it so it eliminates the lets say the odds of you dying, its something that makes us feel like maybe this is the tamiflu for this dreaded disease i think, of course that makes people feel more optimistic. Everybody wants the country open, but nobody wants to do its been that stark, that bipolar. How about we get it open versus getting really sick. Thats something that people will say open it up, thats why the market is flying its not the tamiflu, its for when you are already fairly sick its very important i dont want to discount it in any way, listening to Scott Gottlieb has been one of the more rational voices on this throughout. He frames it properly. We actually do still need those antivirals that would be taken earlier in the course of the disease to mitigate its effect
Largecap tech is lagging the overall market gains. We see the dow perform the best. One of the reasons the dow is performing so well today is indeed walmart. Seeing a gain of 5 on that forecast for ecommerce sales to rise 40 in the next fiscal year in the united states. Walmart has been making investments in ecommerce for years and it looks like now they are finally starting to pay off. At the expense of amazon. Amazon seen as a big competitor walmart and analysts im putting alibaba up here as well. Those shares also rising today. Amazon the market cap of versus alibaba. We last saw alibaba as larger than amazon market cap wise in mid2016. Alibaba with larger than amazon market cap. We will keep an i on this metric to see if that trend is continue. We are watching oil prices, which have been supportive of break stocks, in particular drillers. Crude oil pushing closer to 51 a barrel as we hear from the opec chair saying we see an expansion in the number of countries signing on to the Pr
Hello, im mary. Im no mozy in london. Youre watching alger 0 also coming up on the program, president jim of putin says civilians should be evacuated from russian occupied harrison as Ukrainian Forces advance twitter shots, its offices, and cock staffs access to internal systems. As new owner, ellen mass prepares to harv, its work force. And primary schools close in indias capital, people are told to stay at home as pollution in new delhi, saws to Dangerous Levels. Ah low and welcome to the program, o pakistans, former Prime Minister m ron con. Is accusing the government of being behind a failed attempt to assassinate him. Con was speaking publicly for the 1st time since he was shot in the leg on thursday. He said to gunman, open fire on his protest, march to the capitol, islam abad, hitting 11 people. And killing one person, he promised to resume the march when he recovers. Or con supports have been protesting across the country. Police and raoul pending fight tear gas off to being pe