To have you with us a progress in Vaccine Development is lifting spirits as lockdowns continue around much of the world but recent days have shown that Vaccine Distribution could be a weak spot take a look pfizer has revealed that it initially overestimated its supply chain forcing it to cut delivery projection several weeks ago instead of 100000000 doses for 2020 it now expects to deliver 50000000 another concern for distribution is security i. B. M. Saying that hackers have targeted organizations working to improve vaccine cold storage in supply chains in suspects state actors may be trying to steal trade secrets or disrupt distribution of finally vaccine financing is a growing concern with International Aid not yet meeting the amount needed to help poor countries heres u. N. Secretary general antonio terrorists at a special covert 1900 some of the new york. U. S. Dollars including 4300000000. 00 urgently needed for the next 2 months. I think those who have contributed and own to sho
Happening here. We continue with this outperformance from the small caps. We continue with this rotation. Abigail we do, and today is relatively subtle. The outperformance came from energy and financials, which at the end of the day finished higher. Today we are once again seeing movement into the cyclical sectors even though the s p 500 on the surface is basically flat. The nasdaq 100 is lower. You were mentioning the small caps. The russell out another alltime high on the day. You again have investors moving to small caps, value, the cyclical sectors. Theres the financials. Industrials, energy, real estate can materials, all of the sectors in green are the growth and cyclical sectors. On bottom, you have tech and communication services. It is pretty interesting because tech is really being weighed on by apple right now, and they have cut their developer fees by to 15 from 30 . That is a pretty decent chunk of revenue in the past fiscal year, 1 3 of it to those apt of elements. That i
Im phil gale welcome to the program joe bidens edging closer to the white house as final votes are still being counted 3 days after the u. S. Election the democratic challenger is narrowly ahead in the key states which have yet to declare their results so lets take a look at the overall picture which hasnt change for quite a while now so far joe biden has 264 Electoral College votes and donald trump has 214 according to the a. P. News agency remember they need 270. 00 votes to win pennsylvania would be a massive prize with its 20 electoral votes joe bidens lead that is currently more than 15000. 00 with that 98 percent of the vote counted georgia with its 16 Electoral College votes also exchange be close biden has pulled ahead of trump here but there. Only about 1500. 00 votes between them so its likely to go to a recount overall Donald Trumps path to victory is looking increasingly narrow states in red or blue have been called by a 4th trump all bible states in light to blue or in pin
Report help to boost sent men this morning with the u. S. Economy adding 638,000 jobs in october. The Unemployment Rate fell to 6. 9 the coronavirus surge remains in focus, the u. S. Setting a record with more than 121,000 cases on thursday according to Johns Hopkins data 59 minutes left of the session in what has been a crazy week. Today though essentially flat, sara. Holding onto the gains i would argue, which are very strong so far this week. Ahead on todays show we will ask jeff sonnenfield how americas Corporate Leaders are thinking about the heated election race. Big news out of cvs as larry merlo announces hi retirement. We will also speak with the ceo of hershey asking about how cappy sales fell during this years unusual halloween season. Lets get to the final hour of trade, the markets and the election mike santoli tracking all the action for stocks. Frank has the vote count in pennsylvania ylan moi is covering the balance of power in the senate how georgias undetermined races
Know is much more fighting back you know its much more vital. Than having a fast parts. Let me tell you one thing when you have a narrow margin or. 5. Little small things can make a difference. Also on the day of joe biden does end up in the white house he wont be taking as Many Democrats with him as he hopes to look at why the blue way turned out to be just a trickle president elect biden has a strong mandate to lead and he will have a strong Democratic House with him and Many Democrats in the senate some of them one a few did not. Welcome to the day we saw with the u. S. Election still on the knife edge counting is continuing in many states with some so close the results could still go either way 3 days after the election were creeping close to knowing whether joe biden or donald trump will be inaugurated in january as clocks tally the remaining ballots when theyre finished they might have to start all over again. On friday state officials in georgia said they expected they would hav