Total request fast money copping yocop coming your way at the top of the hour tweet us all your burning questions. New guidance from the cdc on when we can expect a coronavirus vaccine. Meg terrell joins us with the developing details. This information comes in the form of a letter that dr. Robert redfield sent to governors we have confirms this letter and have a copy of it. He tells the governors that health and Human Services and the cdc are, quote, rapidly making preparations to implement large scale distributions of covid19 vaccines in the fall. He asks that as they make these preparations, that they consider waiving requirements that would prevent any facilities from becoming fully operational by november 1st my understanding of this from folks ive been talking with in the government is not that they are saying a vaccine will be ready by november 1st. Were showing you the enrollment progress in phase three trials for pfizer and moderna what that deadline really is, is to encourage
167 drop. Turn positive 59 minutes left in the trading day. Yeah, set for another record day all time close for the nasdaq coming up on the show, the dow component and tech component an hour away from that up more than 30 from the march lows still down year to date. Well have full coverage and analysis when those numbers hit. First of all, lets focus on the big stories were watching mike santoli is back and tracking all the Market Action for us meg terrell has new details on a number of vaccine candidates and were following the action in washington with the key deadline approaching. Mike, lets start with you its almost faz that rotation out of tech into value didnt even happen. You missed it all of last week you know, exactly a little bit of a stutter step that is all. Maybe it took for the overheated big nasdaq names to cool off for 4 1 2 days, 4 1 2 trading days but they are leading the way today. Is a very narrow rally it is a slow motion breakout you look at a year to date, thats g
The heels of positive covid19 vaccine news why are all the opening trades down check out the airlines and cruise stocks, battling rocky seas with major losses a cross the board. Lastly, check out casino names youd think they would rally but no a sea of red. Whats with the break down between positive vaccine data and these trades were back to the old play book in the market, tim yeah we had a week off. S p outperformed amazon 8 in a week boy look at the turn around, look at that move by amazon, big upgrades on the street, maybe its just catching up to the levels 3200 on amazon by goldman, alphabet shares theres Different Things going on as good as the potential vaccine news flow could be, i do think that the reopening trade is moving in reverse theres states that arguably have lost control. So, i think consumers are assessing, but more importantly investors are assessing what consumers may or may not feel comfortable doing in terms of gettings on airplanes and getting involved in some h
Some places are reporting record single day increases lets kick things off with meg terre terrell. Were seeing a couple days worth of data with record cases. If you look at the United States in total, now the sevenday average of new cases is starting to tick higher again meaning trends to the south and west of increasing cases are starting to overcome the positive trends coming down in the northeast as of yesterday, 27,000 new cases were reported across the United States United States. If you look at individual case, weve been getting the new case counts for today for states like arizona now up to an additional 3200 cases today california reporting 4300 additional cases today but that could be due to Testing Backlog from l. A. County we saw in the numbers yesterday. Florida also reporting record high cases today 3800 South Carolina another one of those states reporting record highs. Now in terms of the hot spots in the country, the areas with the fastest case doubling times, it is clos
Controversy coming up. Another rate cut to tell you about, mornings with maria begins right now. Maria wig but this morning, joining the conversation, dagen mcdowell, founder and ceo, liz peek, great to see everybody this morning. Good morning. Maria lots to talk about, also on deck, ihs, we are talking oil, entered a bear market. Assistant to President Trump for trading Manufacturing Policy pete navarro to talk china and the fed, check out the oped and the journal about that today. 3time mlb, mvp and 14time allstar Alex Rodriguez, arod, they discuss the sports business and podcast and all things baseball, dont miss a moment of it. A lot to talk about, another rate cut overnight this morning from the philippines, look at the markets of 67, nasdaq up 40 points. Investors shaking off the trade tensions and growth worries when all said and done yesterday with dow industrials down 22 at the lose, s p in positive territory and nasdaq up almost 30 points, Fourth Central Bank in 2 days cuttin