From volkswagen today. The auto company, vw, just unveiling its new electric suv. It will be assembled right here in tennessee, usa. Volkswagen of America President and ceo, scott keough will give us all the details a very busy hour coming up. Johnson johnson is beginning a latestage trial of the oneshot coronavirus vaccine. Jackie deangelis with all the details. Hi, jackie. Reporter good afternoon to you, david, that is really important. Latestage testing will get to us the vaccine this is phase three for Johnson Johnson. Administration operation warp speed has four candidates now, this is the fourth one to get the latestage testing phase. Phase three for Johnson Johnson will be 60,000 people across the country and abroad. Moderna, pfizer, astrazeneca, they are the other ones right now in the latestages this is coming as the department of health and Human Services Just Announced 200 million as well to try to get certain jurisdictions ready to administer the vaccine. It will help them
This second half rally continue . Then a stimulus stalemate the latest from washington as both pelosi and mnuchin talk covid relief. And later its been one of the biggest winners of the pandemic, why peloton is getting a new street high price target over at jpmorgan its actually not a bad place to start right there, guys, because for the second day in a row, david, we have had some analysts raising targets even on names that they maintain at neutral, today its b of a which yesterday kept apple at a neutral, they upped their target acknowledging moment tim today they do the same thing with tesla, this Equity Funding will fulfill growth and their price objective goes to 500 plus yeah. Listen, every day brings more things that for me are reminiscent of the late 90s its hard to avoid it. I made some comparisons yesterday, many High Quality Companies of course are getting the fuel this time as opposed to what was a broader spectrum of companies perhaps at much higher multiples, many of whic
Defector in the south sent leaflets into the north criticing thecountrs leader the nor state news a agenc inted tinger at souou korean authories, singhat they nnived hostile acts byy the r rf raff w wle ting t nay excuses. Ponsibilit with in retaliation north korea says tuesdays communications cut will include the joint Liaison Office which serves as the contact point for the two koreas as well as hotlines between the countrys militaries and president ial offices. It added the north believes there is no need to sit down face to face with the south. The two countries have technically been at war with each other since the korean war ended in 1953 with an armistice rather than a peace treaty. Some new yorkers returned to work on monday as the city emerges from coronavirus lockdown. The first step of the economic reopening comes as protests rage over Racial Injustice and police brutality. Governor andrew cuomo joined new yorkers on the subway as the city began the initial phase 4 in reopen
Take a look at where we stand with the market stocks under pressure today the dow down around 65 points. A apple is the biggest loser check out shares of macys jumping despite a bearish call from Goldman Sachs is the bottom finally over for this beating down stock. Our traders will discuss later this hour. Thank you very much. The december 15th tariff deadline looms just a few days from now and the u. S. And china dont seem to be all that much closer to a deal, if at all. There may be progress on the trade deal with canada and mexico we are joined with all the latest news. Hey. Turns out the most protracted negotiations are taking place in the u. S. With the white house and democratic lawmakers discussing changes to that uscma deal for more than a year. They are now very close to deal according to two senior democratic aids. It could be announced as soon as today. One aids says the democrats are still studying the white house proposal others suggest the deal has already been reached th
Could not start any better than that. Welcome. Its a cold one out there. I dont have to tell you that. You probably notice yourself. Santa rosa is 35, palo alto is at 38. I think well see more. There are a few clouds coming in, but hey, chill out. Its friday. Thats because its a cool one. Cold morning sun and clouds. Theyll be on the move here. Not as sunny as yesterday. You see those just to the west. But so well start off with the sun, then get some clouds. Most of these are diving a little bit to the south, but its not going to be very warm today. 60s on the highs. All right. Sal is here. Well just say happy friday and i hope its quiet out there. It is mostly quiet out there, steve, which is good. Its nice and light, although there is one spot i do want to tell you about. And theres a ramp closure northbound 85 on the connector ramp to northbound 101 after an overnight deadly crash there. This happened at about two in the morning, but theyre still out there investigating on northbou