Experts stress that is not uncommon to do were going to dive into that one in just a moment in the winners, 2020, reversing slack is plunging, lululemon is lower, nikola is down after it was up sharply yesterday its been a volatile last few sessions into the close. 59 minutes left. Certainly has been volatile welcome back, sara, having been off. Ahead of the upcoming debut well speak with Venture Capital investor about his bet on the company which started many years ago and how this ipo might do. Plus shares of retailer five below, more than 40 from the lows well speak with the ceo about whats driving this recovery you wont want to michigan this interview. The one and only Shaquille Oneal about the new effort for Financial Inclusion and access to capital in america. Shaq is coming up later in the show lets focus, first of all, on the stories. New details on astrazenecas decision to pause its vaccine trial. Mike, lets start with you and this big bounceback today. It is a pretty big boun
One progress review should happen soon. More signs offers china strengthening rebound. Sales jumped by one third last quarter to 22 billion. The company insists it is no threat to u. S. National security. Lets take a look at how we are shaping up on this final friday session of the day. Lets get over to sophie he was taking a closer look. What are we watching . Vibes coming through with futures largely higher. We could see some weakness in korea following the drop that we saw for the kospi. On the docket today were looking at cpi from japan. Nikkei futures move slightly higher this morning, while the yen is trading below the 106 handle. Pulling up the chart on the terminal, we are watching to see if tech will bounce back in the region after thursdays selloff which saw the kospi with a big loss and the worst day for the regional tech index since march. Samsung took a hit on the south outlook for to prices. Prices. Outlook on chip potential hits on huawei and delayed 5g. That could hurt
Palantir pelletier set a september 9 date for an Investor Presentation. And bumble is preparing for a Public Offering that could come as early as the start of next year. Has, reports the cdc notified Public Health officials in all 50 states and five large cities to distribute a Coronavirus Vaccine to Health Care Workers and other highrisk groups as late as as early as late october or early november. Into question the timing because the president ial election is november 3. Lets see how the stories are playing out with Abigail Doolittle in new york. Stocks at record highs, but mixed messages beneath the surface. What are you reading . Abigail it was a very exciting day. At the beginning, we thought we would find a decent decline. The nasdaq went down by 1 . But at the end of the day, big gains including for the nasdaq 100. The s p 500 gaining 1. 5 . Perhaps because of vaccine hopes. For the mixed messages, there are nuances, including the fact that the mega caps you were mentioning like
Total request fast money copping yocop coming your way at the top of the hour tweet us all your burning questions. New guidance from the cdc on when we can expect a coronavirus vaccine. Meg terrell joins us with the developing details. This information comes in the form of a letter that dr. Robert redfield sent to governors we have confirms this letter and have a copy of it. He tells the governors that health and Human Services and the cdc are, quote, rapidly making preparations to implement large scale distributions of covid19 vaccines in the fall. He asks that as they make these preparations, that they consider waiving requirements that would prevent any facilities from becoming fully operational by november 1st my understanding of this from folks ive been talking with in the government is not that they are saying a vaccine will be ready by november 1st. Were showing you the enrollment progress in phase three trials for pfizer and moderna what that deadline really is, is to encourage
Nasdaq is negative by 30 points. Our focus today on apple you see it on the right. Was in the green now its in the red. Pete, is apple vulnerable. Down 6 this week. Down 12 month to date yes its had great year. Is it now vulnerable like anything, theres so many different variables that everybody is look at as they decide to exit so many of the high flyers and obviously apple is one of those names. Thst no doubt it could be pressure on it i still believe in the company in terms of all the things i bring up they are defieping why they are still bearish on it. Anybody who is looking at apple is only the phone company is looking at it wrong. I disagree with that call. That doesnt mean it cant do gown further img t i think the pressure is on people are getting out of certain positions because they had such a great run to the upside were seeing a lot of that a lot of that has been indications we have seen for the long time that were very bullish and now we hit a bit of pause. All right you m