Candidate is 66 effective yet 85 effective against severe covid disease, that is lower in terms of efficacy than pfizer and moderna. Both were authorized at por than 95 effective but dr. Fauci hopes the one shot vaccine keeps people out of the hospital and helps alleviate the stress this pandemic has put on the health care system. The Johnson Johnson has te one vaccine and roll up your sleeves and get whatever vaccine is made available first. As More Con Tagious Variants continue across america. The South African variant has been detected and a new model shows that the pandemic could claim nearly 654,000 american lives by may 1, were up to 433. So disheartening to see. Lets begin with elizabeth cohen. So break down this data on the Johnson Johnson vaccine for us. All right, poppy and jim. Before i do, to just reiterate, bottom line Johnson Johnson, we expect them to apply to the fda for authorization very soon and it is a good vaccine. It works. It does well. But it is not as effective
Israeli media reporting Prime Minister Benjamin Netanyahu has made a secret visit to saudi arabia. Hes reported to have met the crown Prince Mohammed bin salman. And the u. S. Secretary of state mike pompei o, who was in israel only last week, israeli Prime Ministers office isnt confirming or denying the reports from our force that in ramallah no denial and no official confirmation. But the lack of denial is pretty telling, especially given the fact that this isnt just one report. It has been pretty widely sourced by a number of israeli political journalists. And indeed, the Prime Ministers own social media comment advisor put out a tweet saying that while netanyahu is a Coalition Partner was playing politics, the Prime Minister was making peace. Now the headlines, joshua wong and 2 other hong kong prodemocracy activists have pleaded guilty to charges relating to last years protests. They will not be held in custody until sentencing next week and could face 5 years in jail. Any 40000 e
You can see the dow is reacting. The nasdaq has turned positive by. 1 or 12 points and we are entering, of course, the most crucial month for the retailers. Many stores still shut down but the stocks are rallying, especially Department Stores, as you see right there. Look at the macys, and nordstroms. Once again, power lunch starts right now. Thank you, tyler im kelly evans. We begin with the markets this hour the dow was up 11 in november that would be a good year. It would certainly make it the best month for the index since 1987 up 25 today. Dom chu has more on the action its a catchup trade for the dow. It has been for the better part of 2020 lagging behind certainly the nasdaq composite and in some cases the s p 500 as well. Remember, the green lighne, the nasdaq far outperforming other indices. Now the dow trying to play a little bit of catch up here. A good month for the dow shaping up well see if it holds as we head towards december another big thing to watch is whats happening
Record close since february 12th. Right now, its above that at the moment. So we look to the s p 500. That should set its first record since september 2nd. Its 23rd record of the year. We have that moving higher right now pretty significantly. The nasdaq just a bit off the mark at the moment. From the Pfizer Vaccine developed in conjunction with German Company biontech and the stock basking in the halo effect from the blockbuster announcement to the mask makers and Rapid Testing stocks on the move. Weve got team fox business at the ready. Market mavens bill snead, jon core pe corpino and Tracy Maitland and Hillary Vaughn live in delaware, with the president elects plans Just Announced and how it might affect your money. The two matadors in charge of todays record bull rally, pfizer and its german partner biontech. Both stocks hitting 52weeks highs on the news that their covid19 vaccine candidate is more than as we said, 90 effective. Pfizer jumping 8. 33 at the moment. Biontech up 15 .
Ugandan opposition politician bobby wine has been released on bail after being charged over actions likely to spread coronavirus. Officials accuse the president ial candidate of violating covert 91000. 00 restrictions. Well, campaigning for the president ial election in january at least 28 people are now known to have died in the protests sparked by his of rest on wednesday. U. S. Republican Party Leaders from the state of michigan were greeted by protesters as they arrived in washington for talks with president donald trump. His lawyers say state legislatures should ignore results in swing states like michigan and give their Electoral College votes to trump. No state legislature in our countrys history ever has done what donald trump is apparently agitating for the Michigan State legislature to do which is to ignore the results of the popular vote election and wrest control from the voters or attempt to wrest control from the voters and appoint their own slate of electors to send to w