Recommended that the vaccine be available for folks older than the age of 16. And this all comes as the Pfizer Vaccine just now hours away from being shipped out shipments as you just heard are expected to arrive in states as early as monday trucks, carrying those vaccines will roll out starting tomorrow to nearly 150 Distribution Centers across america. The head of the fda says that science and data guided the fdas decision to approve the vaccine. It comes despite concerns that the vaccine was rushed along with pressure from the white house. Now here in the bay area we can expect about 75,000 doses of the vaccine at local hospitals are getting ready. Kron fours gayle ong is live tonight in freeman with that part of the story gayle. Jonathan justine the initial shipments are expected some time next week and that will be intended for Health Care Workers and first responders. It could store hundreds of thousands of vaccines. Right now at ucsf without without an issue doctor desi kotis ch
Lashing today over how their companies handled 2020 election. Heck out few hours indicating a decline as we await october retail Sales Numbers out this morning at 8 30 a. M. Dow industrials down 88, nasdaq is up 14 and s p 500 lower by 14. Record day in wall street to start the week yesterday, dow finishing at its first alltime high in 9 months boosted by the positive news on modernas phase 3 vaccine trials. At the close up 471 points, nasdaq up 95, almost 1 and s p higher by 41, better than 1 . Big day for retail earnings, walmart and kohls and home depot all reporting this morning, we will have the numbers as soon as they give hit the tape. Holidays in digital world. Zoom is helping you and your family out if youre planning on a virtual turkey day, its making a buzz, mornings with maria is live right now. Maria home depot earnings hitting the tape right now and european markets are lower, cac quarante down 9, dax index lower by 25, take a look at home depot numbers, revenue above exp
Have a small declines for both small cap and energy and some of those other cyclical sectors. Taking a bit of a break today. Maybe we earned a bit of calm after the storm. Thank you for the update. Affordable care act really got attention yesterday. First, in the challenge to it in the Supreme Court of the united and then from president elect biden who said hed improve, not replace, obamacare. President elect biden well ease headquarter on you and your family. I promise you that. As i said, ill protect your protect it like i like its my own family. Weve been unfortunately consumers weve been significant consumers of headquarter. That starts on building on the Affordable Care act. A dramatic expansion of headquarter coverage and steps to lower headquarter costs. David we welcome one of the arc Affordable Care act, jonathan gruber, professor technical nd assistant to the Obama Administration helping draft the legislation what became the Affordable Care act. Professor, thanks for being wi
Caught my eye was the 3600 number that is where we are going according to Goldman Sachs chief u. S. Equity strategist david he wrote that the fall and the equity risk premium will be partially upset by a rise in bond yields, but the combination will ultimately boost the s p index by 3600 at by yearend and 3800 in 12 months time. It represented significant increase driven by valuation. Joining me now, Chris Watling longview, chief Market Strategist and ceo. A pretty bold call, chris. What do you think . Chris it is doable. It is not implausible. I think it depends on how much policy keeps on generating stimulus how much the policymakers keep on giving, if you like. We have seen congress go into recess. We have half had the package, half not, with the executive orders. Clearly the fed is giving and will continue to give. There is a lot of utility in the world can we keep getting stimulus packages. Singapore did something over the weekend, not a major player, but it is noble. There are cl
Interests who are more comfortable with joe biden about the centrists, and the more progressive wing that feel if they can get a win, maybe they can get a shot at some of their things. Its been going on for about an hour and its a very different look and we have seen. Can they get the sort of election bump that you can get from a convention . Jeanne i dont think we know yet. I dont think weve seen viral moment that this went. I think it is interesting that they put joe biden out there already for a period of time weve they have some really well produced pieces and theyve had some very good speeches, i think by clyburn in particular. I think were waiting on the two biggest speeches, which will be Bernie Sanders and Michelle Obama, the highlights of tonight. Tonight is so important because they want to build this him tonight through thursday, and they have to sustain and build that audience in order to do that. Throughout the night and throughout the week. Now we turn to the economy, how