Percolating issues, whether it is trade tensions or brexit, which goes to the heart of the uncertainty in 2021. Francine there is a lot going on, and i guess this is the concern, you have a million angles of things that turn out sour. Bloomberg first word news in new york city with ritika gupta. Senatorone republican dix President Trump will get on board with a bipartisan 908 billion senator bill cassidy told foxnews Senate Majority leader mcconnell will back it, too. Cassidy is a member of the Group Pushing the measure. President trumps lawyer, Rudy Giuliani, has tested positive for the coronavirus. According to reports, he has been hospitalized in washington. Giulianis son says he is getting great care and feeling well. Giuliani has been leading the effort to overturn the results of the election. In china, exports jumped in november by the most since 2018, pushing its trade status to a monthly record high, and thermined underlined how pandemic and global related goods is helping the
Cheaper auction it could be a cheaper option. Tom we will talk about that with sam fazeli. Over here it is about the hospitalization. It has been an extraordinarily difficult pandemic weekend fulltime america tries to move on, and someone moving on is the president elect with news from bloomberg overnight on appointments to be had, i believe, tuesday. Even while the president contests in wisconsin. Francine we will have a full round up of u. S. Elections as well. Lets get to bloomberg first word news with ritika gupta. Ritika another Promising Development in the fight to end the coronavirus pandemic. The vaccine developed by the university of oxford as astrazeneca prevented a majority of people in a large trial from getting the disease. It stop and average from 70 from falling ill, below the high bar set by pfizer and moderna, but effectiveness did rise to 90 for one of two dosing regimes. Joe biden plans to name anthony en as secretary of state. When he was when biden was Vice Preside
How he plans to wipe out the disease. Still, no concession from President Trump who has been flooding facebook and twitter with unfounded messages that the election was stolen. Expecteddministration not to play so nice with big tex. Expect more public engagement, public oversight, and regulation. Those stories in a moment. Paring gains. Ocks markets widely mixed at the end of the day on a bit of an ugly close despite intraday record highs. What are we seeing here . Abigail if you had a dollar for every time i said this, you would have a nice pile of money. It was another wild day. Stocks surging out of the open. The dow up nearly 6 . Russell 2000 hitting its first record high, more than 6 . At the close, we had stocks pullback to some degree. Up. Dow closing where we had losses, the nasdaq 100 down 2. 2 . The faang complex, those make a cap stocks, down 3. 2 . The reopening trade clearly doing very well with pfizer which itself was up about 8 on that vaccine. Certainly a light at the e
Investors see less chance of new regulations, equity futures writing rising in tokyo and hong kong. In china tries to reassure the Business World that it is open to trade. Concern of the moran sealer approach. Shery breaking out of south korea. We are getting the currentaccount surplus in south korea for the month of september, widening to 10. 21 billion. We had seen a previous surplus at around 6. 5 billion. This has widened to over 10 billion. The goods surplus coming in at above 12 billion. We have seen continued surplus for the current account in south korea. Consecutivee a five months surplus, not to mention exports in october contracted a little, but in september they rose for the first time in seven months. South koreag pmi in so weoday twoyear high, are getting a widening of the surplus. Haidi pcb numbers crossing the bloomberg, betterthanexpected, eating the analyst estimates on the bloomberg, Third Quarter 1ome coming it at just billion, better expectations than 850 million.
What plans are put in place for distribution of the Coronavirus Vaccine once it becomes available. We will discuss this and more, a few housekeeping notes, at the hill events, the hashtag, special letters, thehillrx supply chain. We will take question throughout the program and i look forward to those. If you experience trouble live stream refreshing it will work i hope. My first guest is National Health expert and respond to the frontlines and implementation of the Affordable Care act, governor secretary Kathleen Sebelius is the ceo of sibelius resources which provide strategic advice to nonprofits that is my go to person when it comes to issues of knowing what a smart Healthcare System looks like. Let me just ask you, you oversaw many of the institutions we are looking at to save this country whether it is pushing the time curve on developing a vaccine and distributing it or how you approve various dimensions of this therapeutic, what would you say is going well, what would you say h