We do expect that to be done within a couple of weeks. Youre on the more prepared this is documents and submit them to the f. D. A. In the coming weeks. Mcgurn, a shares jumped 12 percent in premarket trading. This is a 2nd vaccine in the United States to have a stunningly high success rate. Last week, pfizer announced that early data shows its maxine is more than 90 percent effective. Meanwhile, the European Medicines Agency is Human Medicines Committee said its starting a rolling review of madonnas covert 1000. 00 vaccine. The regular is already reviewing vaccines from astra zeneca and pfizer, all in an effort to speed up the approval process. Now to a coronavirus update over the weekend, the us are past 11000000, new code 1000 cases. This comes only one week after hitting 10000000. Thats an average of about 150000 last week. Positive test rates and hospitalizations are up across the cut 3 forcing states to place even more restrictions on social gatherings and even travel. The u. S.
Reduce a lower thats undercutting, but whats good for the market is not good for the global economy. This is a boom bust the one business show you cant afford to miss something. I want to fail in washington coming up more positive news for a little bit about how to wall street trading about your record on monday will break down where investors are putting their money on the top to bottom out to trade deal and join this team Asian Pacific countries together with the Worlds Largest economy and lucked out, we have a lot to get. So lets just start a historic day for modernity. As preliminary results show its corona virus vaccine is more than 90 percent effective on monday madonnas early data showed 94. 00 efficacy for its acts. Seen data also showed the drug maker gave 15000 participants a placebo shot out of those 90 people got sick. On the other hand, another 15000 participants also received the vaccine or actually received the vaccine. Only 5 people got sick and thats where you get that
Member at your place of worship. Maybe it saves the lives of one of your childrens teachers. Maybe it saves your lives. So, please, i implore you, wear a mask do it for yourself do it for your neighbor. A mask is not a political statement, but it is a good way to start pulling the country together i want to be very clear. The goal of mask wearing is not to make your life less comfortable or take something away from you. Its to give Something Back to all of us, a normal life the goal is to get back to normal as fast as possible and masks are critical in doing that it wont be orever, but thats how well get our nation back, back up to speed economically so we can go back to celebrating birthdays and holidays again so we can attend sporting events again, so we can get back to the lives and connections we shared before the pandemic. It doesnt matter whether or not we always agree with one another. It doesnt matter who you voted for. We are americans and our country is under threat. And now
You can see the dow is reacting. The nasdaq has turned positive by. 1 or 12 points and we are entering, of course, the most crucial month for the retailers. Many stores still shut down but the stocks are rallying, especially Department Stores, as you see right there. Look at the macys, and nordstroms. Once again, power lunch starts right now. Thank you, tyler im kelly evans. We begin with the markets this hour the dow was up 11 in november that would be a good year. It would certainly make it the best month for the index since 1987 up 25 today. Dom chu has more on the action its a catchup trade for the dow. It has been for the better part of 2020 lagging behind certainly the nasdaq composite and in some cases the s p 500 as well. Remember, the green lighne, the nasdaq far outperforming other indices. Now the dow trying to play a little bit of catch up here. A good month for the dow shaping up well see if it holds as we head towards december another big thing to watch is whats happening
Vaccine. Only 5 people got sick and thats where you get that nearly 95 percent efficacy. Those 5 who developed covert 19, none of them had severe symptoms. But then as president , dr. Steven hogan hopes to submit documents for approval in just the coming weeks. We know that you have about 20000000. 00 doses of the vaccine by the end of this year on year. And were looking forward to making about 500000000. 00 to a 1000000000. 00 this next year. But given the rate at which we were in pieces, we do expect will have probably 150. 00 or under 51. 00 cases at the final analysis. We do expect that to be done within a couple of weeks youre in them will prepare those documents and submit them to the head. In the coming weeks, mcgurn, a shares jumped 12 percent in premarket trading. This is a 2nd vaccine in the United States to have a stunningly high success rate. Last week, pfizer announced that early data shows its a back scene is more than 90 percent effective. Meanwhile, the European Medicin