European negotiators will pick up talks again with an outcome still highly uncertain. A german state known for its festive spirit remains a stopper and hot spot for coronavirus now people there face even tighter restrictions ahead of the holidays. And some exciting weekend soccer action in germany is going to sleep go higher labor costs and scoring goals and stopping them on their way to 2nd place in the ports they got will tell you how they extended a remarkable on the beat in st. Im sumi so much got to thank you for joining us the results are in and as expected president nicolas mughals party has won the parliamentary elections in venezuela consolidating his grip on power Opposition Leaders called on supporters to boycott the vote they and many western nations have condemned it as fraud the pandemic has deepened the countrys long running economic and political crisis and with no op turn in sight venezuelans are growing more and more pessimistic about their future. A humble tarr night
Join fizer pfizer you can see were just about 20 points shy of the all time high on the dow a lot of news to unpack. We got the news from moderna showing the vaccine is more than 94 effective in preventing cases of covid19. We saw details in the study showing it prevented severe cases of covid19. So that a very strong result comes, of course, after the pfizer data last week showed that its vaccine was more than 90 effective. The first two out of gate showing incredibly strong efficacy questions do remain including these preventative cases of covid19 but do the vaccines sprent infection with the virus completely we dont yet know that we also dont know because this is a brand new virus and these are brand new vaccines how long this protection will last. So those are things that are going to come and be answered in the future looking at these data so what happens next well, both of the Companies Soon are going to file with the fda for emergency use authorization. The fda will then hold wh
Close at the open. The road map begins with that renewed vaccine optimism and detailing their own strong data. Plus as for the market, the u. S. Stocks poised for new records and the futures are and investor optimism about that vaccine and dow is within striking distance of 30,000. We have a lot of deals this morning. Pnc looking to become one of americas largest banks and set to buy spanish bank and 11. 6 billion the Purchase Price and other deals to tell you about this morning carl lets start with the moderna news excellent news for the second week in a row. Dr. Fauci on some of the networks earlier today saying the data are striking and the results are just as good as it gets i really think we have to go back just a couple months and recognize that even if we had any hope that there would be a successful vaccine maybe 70 , 80 . 50 to 60 for the flu is something we learned moderna Insider Selling was bad and turns out the Insider Selling was bad meaning they sold badly i do think wha
Watched his son slip away. And movie mayhem. Delays in big releases force hundreds of movie theaters to temporarily close. Well show you how the big chains are trying to cope with an industry in crisis. Crisis is the word. First, heres todays eye opener. Its your world in 90 seconds. I learned so much about coronavirus and one thing thats for certain. Dont let it dominate you. Dont be afraid of it. President trump returned to the white house where he immediately began recording a message for the nation without a mask. Saying that, you know, dont be so concerned about all this essentially. Theres a lot to be concerned about. 210,000 people have died. White House Press Secretary kay league mcenany became the latest in the president s circle to test positive for covid19. Im very blessed to have a mild case. The white house has blocked new guidelines that may have delayed a Covid Vaccine being ready before election day. The Texas Police Officer is charged with murder in the killing of an u
The chart master is drilling down on the one sector running low on energy. How you can play it for a jolt its time to risk less and make more options action starts right now. Hopefully the dog days havent gotten you down too much it is friday, why not, 2 30 on the west week. It was a record week on wall street that should give you energy. The nasdaq and s p 500 hitting fresh all time highs and the dow turning positive for the year. All this after the fed made a major policy shift saying theyre going to allow inflation to run hotter than normal to help the american economy. Jobs over inflation headline that was big in the bond market. The tenyear yield hitting its highest level since june, and the yield curve sharply. Tony zang says theres only one stock that can be a big winner, at least one stock that could, tony, who is it . Take it away. I wanted to take a look at Morgan Stanley because of this pickup in rates, thats going to provide support for a rally in financials if we take a lo