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Transcripts For CNBC The News With Shepard Smith 20240711

Home people in low Income Countries can benefit. Astrazeneca, now the third vaccine proving highly effective. Tonight, how this ones different. The challenges, the time line and when americans can expect a shot in the arm. Large crowds, and gatherings of people is just not something we can do this year. Plus, the macys thanksgiving day parade, covid style. A sneak peek at what it takes to keep the holiday tradition alive. Live, from cnbc global headquarters, the facts, the truth, the news with shepard smith. And good evening, after weeks of blocking the biden transition, the Trump Administration backed down late this afternoon and is now allowing it to begin emily murphy, the administrator of the General Services administration signed off on releasing federal funds and other federal resources to the now president elect bidens transition team. Murphy says she strongly believes that the law requires her to do so, and she says her decision is not based on fear or favoritism as for the tim

Transcripts For CNBC The News With Shepard Smith 20240711

Nation to formally authorize a covid19 vaccine rollout begins next week, and the world is watching. Plus, Chinas Mission to the moon new images of the first Lunar Landing in more than 40 years. Announcer live from cnbc global headquarters, the facts, the truth, the news with Shepard Smith. Good evening more progress and more set backpacks on this, the 266th day of the pandemic. There is now a cure. Pfizers vaccine approved in the United Kingdom here in the United States the cdc slashing its quarantine guidelines now just ten days, or seven with a negative test for people exposed to covid but the virus is not going away. Its getting much worse. A warning tonight from the head of the cdc. December and january and february are going to be rough times. I actually believe they are going to be the most difficult time in the Public Health history of this nation. White House Coronavirus Task force telling states we are in a very dangerous place as covid cases and hospitalizations rise. In a re

Transcripts For CNBC Fast Money Halftime Report 20240711

Leventhal. We are basically at the highs of the day, call it a 500point gain, the s p 500 good for 1. 5 . Nasdaq which was negative very early today is back above 12,000, thats a gain of 1 . The small caps have had a tremendous run of their own. The russell 2000 is up by better than 2 . Josh brown, if i told up that the dow on march 23rd hit a low of 18,213 and we have had a 12,000point rally since then, you would say what i would say this is why people who are not only invested for long term by continually adding to their investments, 401 k s or automated advisers, et cetera, have done themselves a huge favor people on the other side of that debate who think their job is to wake up every morning and make in our out decisions have not done themselves a favor. Im 43 years old im pretty sure ill see dow 100,000 someday. Is he you have to orient your mentality in order to get to days like today. If your mentality is oriented toward trying to outsmart everybody all the time, you dont get t

Transcripts For CNBC Options Action 20240711

Child for antitrust how it could become the post posterchild for a market pullback time to risk less. Theres a growing sector of the bank any time theres a growing activity in the banking seccer it to could be time to take a breath carter thats right, with the bump up in rates, regional banks have come back to life in a big way theres been m a in the Asset Management space so were going to look at some of these areas of the market in relation to the republican and zero in on blackrock the first chart you have three lines even though it looks like two. The top line is the s p. The threeyear chart, s p up 38 . The two other lines are tightical and two separate Industry Groups in the s p the first is s p 500 investment banks and brokers, thats goldman sachs, Morgan Stanley and others and the other is s p 500 Asset Managers and trust banks, things like t. Rowe, blackrock, invesco, state street and so forth imagine on a threeyear basis having no gains. Look at a chart since the financial cr

Transcripts For CNBC The News With Shepard Smith 20240711

The information is not coming from the people who matter most. Plus, six months in space. Tonight meet the astronaut whos been there, done that. And good evening its rare that we get from the government an unfiltered uncensured true view of whats going on with coronavirus. Nbc just got one the White House Coronavirus task forces latest report delivers a sobering assessment of the pandemics trajectory. It describes aggressive, unrelenting, expanding, Broad Community spread across america thats getting worse, not better the task force reports efforts to stop covid are inadequate and the curve must be flattened to sustain the Health System for both covid and noncovid emergencies. In short, the virus is out of control, the Emergency Health care system is in danger of collapse and the white house knows it the task force is alerting thanksgiving can make things worse urging the states to warn their people not to gather, to wear face coverings and socially distance, the report dated on sunday

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