Record close since february 12th. Right now, its above that at the moment. So we look to the s p 500. That should set its first record since september 2nd. Its 23rd record of the year. We have that moving higher right now pretty significantly. The nasdaq just a bit off the mark at the moment. From the Pfizer Vaccine developed in conjunction with German Company biontech and the stock basking in the halo effect from the blockbuster announcement to the mask makers and Rapid Testing stocks on the move. Weve got team fox business at the ready. Market mavens bill snead, jon core pe corpino and Tracy Maitland and Hillary Vaughn live in delaware, with the president elects plans Just Announced and how it might affect your money. The two matadors in charge of todays record bull rally, pfizer and its german partner biontech. Both stocks hitting 52weeks highs on the news that their covid19 vaccine candidate is more than as we said, 90 effective. Pfizer jumping 8. 33 at the moment. Biontech up 15 .
Capitol hill over a new Coronavirus Relief package. The republican plan looking to slash benefits by more than half. The race to reach an agreement. Oh, boy. Also this morning, more than a dozen players and staff with the Miami Marlins testing positive. Major League Baseball postponing games just four days after opening day. Will the season survive . Tropical threat. Hurricane season heating up. Puerto rico braces for a possible Tropical Storm as texas recovers from hannas powerful punch. Fatal shark attack. The first shark incident in maine in ten years. Could it have been a great white . Red flags flying right now after several sightings in new york. The warnings from beachgoers right now. And the heroic rescue caught on camera. An unconscious drivert of his smoking car right before the vehicle was suddenly engulfed in flames. Ive got a show to do remembering Regis Philbin. The tribute for those who knew the morning maestro best and this morning, our interview with his longtime cohos
One Pharmaceutical Company says the phase three trials of its Coronavirus Vaccine appears to be working in monkeys. It comes as another interesting study is released involving teachers in classrooms. I spoke earlier with dr. Alok patel. Lets begin with that new research from the university of minnesota on how teachers can protect students from the virus in the classroom. The researchers say if a teacher stands directly under an air vent, the coronavirus aerosols wont spread nearly as far, and they released a video showing this. What is your take on this research . I think its a pretty elegant way to look at air flow. We know that coronavirus can be aerosolized. That was one concern about reopening of schools. Are crowded classrooms going to be properly ventilated . What these researchers did is kind of looking at Different Air flow patterns to see what was going to be the most optimal. It gives schools another tool, another option to make sure theyre protecting teachers. So if schools
Quickly. And staying strong. The worlds top iron ore prices are among the highest out of china. Shery lets get you started with another check of how markets are trading at the moment. Futures underu. S. Pressure as stocks fell to the lowest level in two weeks. We are seeing it down 0. 7 . Than 2 ,00 lost more same for the dow and the nasdaq. The dow losing more than 700 points. We had the sharp increase in virus cases, adding to economic anxiety. So risk off positioning was very strong last week. We did get positive data over the weekend, signs that the chinese economy is continuing to recover and profits rebounding in may for the First Time Since november. Take a look at what oil is doing because it continues to fall. Actually, we saw a second week of declines, the second weekly decline since april. We continue to have these lower prices after a cautious rebound, now headed towards 37 a barrel for wti. We also had chesapeake filing for bankruptcy in the u. S. , one of the biggest vict
Against russia if reports are true it paid taliban fighters to kill american soldiers in afghanistan it will be used to choke. Prime minister is said to lay out his plan to rescue the 5 john economy we visit one town way unemployment is high to hear what needs to be done. Thank you for joining us its the Development Hong Kong Democracy Movement feared the most chinas top legislative body has unanimously approved a National Security law to be imposed in the territory acts of secession subversion terrorism or conclusion with Foreign Forces could face a maximum sentence of life in jail critics say it will be used to stamp out all forms of dissent a protest against the new law have been held in the past few hours it follows months of unrest driven by fear of chinas tightening grip on hong kong the territories appeal as a Major International Financial Center stems from its. Liberal values and independent course which are now widely perceived to be at risk all be speaking to agent brown who