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Transcripts For FBC Cavuto Coast To Coast 20240711

Now, i cant get over it. Welcome, everybody. Hope you had a wonderful thanksgiving. Im neil cavuto. This is coast to coast. Were concentrating on the last day of trading for the month of november. Ion with the shellacking the Dow Jones Industrials is getting right now it is still looking at one of the better months weve seen in quite a few years. As a matter of fact, at the rate were going unless we really tumble out much bed here the strongest month since january 1987. Ignore what happened hater in that particular year. But for now were putting a capper on what is incredible comeback month included a surprising, legally infighting president ial election, pandemic spiking cases all over the the world. Yet with a comeback to put agrees on grease on the skids. Were getting growing indications this will be impressive run. Usually when you have a strong november you have a strong december. You put a capper on the year as a whole. A lot notwithstanding on optimism were competing for vaccine

Transcripts For FBC After The Bell 20240711

January of 1987. Its best november since 1928. Now for the s p a broader measure of the market, the best november ever. The nasdaqs best november in 18 years. A lot of that with vaccine optimism driving the day, contributing to many gains we saw throughout the month. Even today moderna surging on news it will submit its covid19 vaccine for fda approval. Have a rough day to some extent. Great month for stocks. Im connell mcshane. Welcome to after the bell. Great to have you with us on a monday. Time for news happening this hour. The Fox Team Coverage with blake burman at the white house. He has the latest on a vaccine. Jackie deangelis in the newsroom with a new warning from dr. Birx. Chad pergram awaiting on stimulus and peter doocy with joe biden from wilmington, delaware. Jackie, start with you. Reporter connell, tsa said 1. 1 million travelers flew on sunday after thanksgiving. That is key because it is the highest number since march when the pandemic began. The cdc said dont travel

Transcripts For FBC After The Bell 20240711

95 points higher. You know liz mentioned this down the stretch of her show, russell 2000, the small cap stocks, dow transports they both closed at records today as well. That is kind of day. A lot of green and really big day for stocks. Im Connell Mcshane. We welcome you to after the bell. Those are the numbers at the close. Time now for the news thats happening at this hour. We have fox Business Team coverage with Jackie Deangelis in the new york newsroom, blake burman reporting from washington, also get to Hillary Vaughn in wilmington, delaware, president elect biden just wrapped up there remarks on the economy but blake, lets start with you. That is the big news today. That Moderna Vaccine. Tell us about it. Reporter they expect, connell, moderna does to apply for the eua, emergency use authorization in the next couple weeks. Maybe distribute the covid19 vaccine by the end of the year. When you look at numbers on the Clinical Trials it is about as good as they hoped for. Here they a

Transcripts For FBC After The Bell 20240711

Er earlier today the dow was up 1600 plus points. We almost got to 30,000. Came within 70 points of 30,000 mark. Looked like we might get there at one point and then we started to dip and fall off of that. 835 point gain which is nearly 3 is nothing to sneeze at for the dow. The s p same kind of deal, fading off the highs. The nasdaq is an interesting story well talk a lot about, down by 1 1 2 . A lot of stay at home stocks really getting hit in the tech sector today. That is a pretty big decline for nasdaq given how much the other two were up. We will cover it all. We have fox Business Team coverage. Lauren simonetti, ashley webster, blake burman, Hillary Vaughn theyre all standing by. We start though with the market rally. It fade ad bit, but still lauren up 800 points in the dow. I know. It is all about the vaccine, right . So pfizer says its Covid Vaccine trial has prevented more than 90 of infections. Pfizer and its partner biontech, look at this, 52week highs. Stocks overall did

Transcripts For FBC After The Bell 20240711

Another 8 today. Facebook, twitter ceos appearing on capitol hill. Mark zuckerberg and jack dorsey were on the hot seat over censorship concerns. Well have the highlights from their testimony in just a few moments. Im connell mcshane. Welcome, everybody, to after the bell. It us great to have you with us. Time now for the news happening at this hour. Fox Business Team coverage. We have blake burman today in washington, susan li and Jackie Deangelis both in new york an gerri willis coming up. She is watching the retail numbers. Blake, lets start with you, any update from washington on the stimulus talks with virus numbers continuing to spike . Potentially, connell, when you look especially down the road, december 11th. Why . Lawmakers need to come together to pass a spending bill so there is not a government shutdown. That is significant in its own right. Why is that also important . Because there is now starting to be some talk in washington about whether or not lawmakers could also ad

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