Sounds like something straight out of a spy thriller and reveals the outlets predetermine narrative on russia. Youre watching our 2 international for your global news update this hour. Welcome to the program, the race to get a covert vaccine to market is heating up with british pharma giant astra zeneca. Becoming the latest to publish initial data on the effectiveness of the job. Clinical trials established, on average, it works 70 percent of the time. Heres arties down, the hawkins with more well, astra zeneca is the latest company to join the covert 1000000 team from mono race and else in the end of its phase 3 Clinical Trials with a 70 percent average efficacies result. Now those, these preliminary results may sound quite humble compared to other vaccines. The companys c. E. O. Is optimistic. He has said, we highly effective and will have an Immediate Impact with the u. K. Having already preordered 100000000 jobs nationally. The Prime Minister Boris Johnson certainly does seem pleas
Secretary of state to visit and illegal settlements in the occupied west bank. More deaths in uganda as protests turned violent following the arrest of a president ial candidate for the one. We are just human and we also have this goals, you know, where it lives, nurses in the philippines, a battle with a government ban on working until now the u. S. State of georgia has completed an audit of ballots cast in the president s election and has confirmed joe bidens victory that and while donald trump refuses to concede to the avenues to contest the results, 100 count was launched in georgia after biden had a small lead of a president donald trump, by about 14000 votes. Officials have repeatedly denied that any irregularities have taken place. Well, with georgia now called biden has extended his lead and won the presidency with 306 Electoral College votes. He needed 270. Donald trump fell short with 232. Trumps legal team has again promised to produce evidence of what it calls a massive dem
Again. Senate Majority Leader Mitch Mcconnell failing to concede the election to joe biden just yet. The fed put out a warning on asset prices. The rally to a two month high. Since the highest levels 2018. The index at a record high. So much to really chew over. Joe such a wild start to the week of course. Digesting the election, the light at the end of the tunnel. Here is a chart. It is a number. But here is a pair. This is one of the favorite pairs of neil over at renaissance macro. To bike atot need home. There you see the entire story of the day, those two numbers. Romaine someone else made this for us, about vacation time. A big part of enthusiasm today is that we will finally all get out of the house and go back out to restaurants and, more importantly, to travel. The Consumer Confidence index tracks intended vacation. You can see that basically dropped off a cliff. Still has a pretty long way to go. I thought this was interesting. Earlier on this up the other show that we host w
Tesla getting set to take off. And tesla is up 9 today. Were going to take a look at the growing musk empire. And booming sales at walmart and home depot but the stocks not getting that same boost today. Power lunch starts right now welcome once again to power lunch, im john fort boy, its hard to swim up stream in the amazon. Cvs, wall green, right aid and dorsey and zuckerberg and ceos testify in front of the senate one bright spot in the s p 500, cruise stocks as norwegian is near the high of the session for more on the market action, lets get to bob pisani. Hello, john its sort of a choppy, indeterminate day. The market cant quite decide what it wants to do today. Weve had a great run in bank and material stocks. The cyclical names have done really well recently those are on the weak side today. Tech is kind of flattish overall today here and then we had Energy Stocks and reits. So energy has been holding up very well today and so has Real Estate Investment trusts on top of that. Te
Welcome, everyone, the kboel im sara eisen, here with wilfred frost. Pfizer says its covid19 vaccine candidate developed with biointech is more than 90 effective in preventing covid19 in a phase three study the cow and s p 500 hitting record highs in todays session, this after strong gains last week as well as the Election Results come into sharp focus. Seeing down sectors like airlines, cruises, banks, and energy are seeing outsized returns today on the vaccine news while the stayathome winners like zoom, peloton, and amazon are coming back to earth. Nasdaq is actually negative with this more than 1,200 point rally on the dow 59 minutes left to go on a historic day on wall street. Nasdaq hovering around the flat line. Big gains for the dow. Coming up on the show, a massive guests line ups. We will discuss the vaccine, the election, what it all means for your money with huge names nelson peltser will weigh in with his thoughts on what the market is doing as we speak. The chamber of com