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Transcripts For CNBC Power Lunch 20240711

Than 1 as many of the cloud and socalled stayathome stocks get hit. It was the announcement that Pfizers Covid vaccine is more than 90 efficient thats what really set the market on fire we got more on that in a minute. Meantime, lets send it over to kelly. Thank you, sir. It is a huge day for the markets and a potentially historic one in a fight against the Chris Christie we have full Team Coverage for you. Bob pisani looking for the market reaction. Meg tirelli and bob pisani, lets start with you historic move for the s p 500 and big volume were going to do twice normal volume on the markets. We havent seen that recently, big volume on big up days. Thats a change on market sentiment. You mentioned small caps obviously vaccine, better reopening story. That would help small caps, look at this up almost 7 more than twice the performance of the s p 500 mega cap out of big cap, mega cap tech stocks and into small cap but also a little bit on the weak side as weve been noting all throughout

Transcripts For FBC After The Bell 20240711

Edward lawrence in washington. Ashley webster waits on the disney numbers we talked about. While we wait for that, edward, well start with you on the economy and the new comment today from the fed chairman. Reporter connell, Federal Reserve chairman Jerome Powell says the economic path forward will be a challenging one and includes more help from congress. Powell on a panel with European Central bankers says that Monetary Policy needs to work with fiscal policy because the size of the economic shock with the coronavirus. Ultimately it was a job to replace lost income. I would say that our congress stepped in and there hasnt been a faster or stronger response from congress to an economic emergency since really the great depression. Reporter he is talking about the first cares act at the beginning of the summer. Last week powell said, in order to get quickly back to where we want with the economy. There needs to be a another relief package from congress. It should be targeted to those pe

Transcripts For FBC The Claman Countdown 20240712

At any moment in wilmington, delaware. It will be the former Vice President s first oncamera comments since election day, election night. Of course, last night. And were going to take you there as soon as it happens. And President Trump has yet to be seen today, but he is using the twitter microphone to blast the process of tabulating votes across the nation. Wisconsin, the latest state in the biden column as we just told you. The fox news decision desk awarded it to the vp, as we said, in about 12 minutes. The number of votes separating the candidates, razor thin. So the Trump Campaign has called for a recount. In michigan the counts still ongoing at this hour. The secretary of state saying we could see unofficial results by the end of the day. Biden with a slight lead at the moment. Now in pennsylvania more than a million votes remain to be counted. The president holds a 500,000vote lead. Team trump believes it can hold on in the keystone astronaut, but we likely will not keystone st

Transcripts For ALJAZ Shadow World 20240712

Rioters roam free and loot your streets and luke you still are under biden there will be no school no graduations no matter you just dont think. No trees trees no we sure dont 4th of july there will be no future for our country other than that hes going to do a great job m. R. This is your is simple the power to change that country is not fairies learning in your hands i dont care how far down Truck Drivers theres nothing like me senator theres nothing that he can do to stop the people who station for voting in overwhelming numbers and terry came back this democracy and with the kind of 19 pandemic being a central issue former president barack obama joined by didnt michigan and took a double trumps handling of the crisis america just had its single worst week of new covert cases. It was his Closing Argument here we are the last week this week and we want to go do this now for months the federal government has had an opportunity to respond for months and his Closing Argument this week i

Transcripts For ALJAZ Shadow World 20240712

A apartment and its a trend its one of those trending topics on social media right now it was an 8 Story Building and im told that there were more than 60 apartments in that building and at that building also had a Dental Clinic so there are rude people working in that dental cleaning or maybe who have come here for their dental checks but as far as we are told by the Search Rescue teams working here they believe this is not an awful number they believe there are around 40 other citizens who are trapped under the rubble. After this 8 Story Building collapse but all of them are telling us that the structure was very bad the concrete the irony used in this building was a very bad thats why it collapsed like cards you know and still there are some children inside there are some elderly inside and search and rescue teams are trying to get the get a signal for their voices from time to time that they do is stop us they tell us to be quiet so that they can get the sign of any survivor under

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