Georgia and the fight for control of the u. S. Senate live from cnbc global headquarters, the facts, the truth, the news with Shepard Smith. And good evening. As america faces whats expected to be the worst wave of covid yet, there is a groundbreaking development in the race for a vaccine. The drug maker pfizer announcing early data shows its experimental vaccine is more than 90 effective in preventing covid19 that would make it about as effective as the polio vaccine pfizers ceo telling cnbc we could have up to 50 million doses of it by the end of this year it is a great day for science. It is a great day for humanity when you realize that your vaccine has a 90 effectively. Thats overwhelming. The good news comes as the virus spreads across the country at a rate weve never before seen cases on the rise in 49 states over the past week 31 of them having their biggest spike since the pandemic began in the past eight days, weve had more than 830,000 new confirmed cases. Total hospitalizat
Live from cnbc global headquarters, the facts, the truth, the news with Shepard Smith. And good evening. As america faces whats expected to be the worst wave of covid yet, there is a groundbreaking development in the race for a vaccine. The drug maker pfizer announcing early data shows its experimental vaccine is more than 90 effective in preventing covid19 that would make it about as effective as the polio vaccine pfizers ceo telling cnbc we could have up to 50 million doses of it by the end of this year it is a great day for science. It is a great day for humanity when you realize that your vaccine has a 90 effectively. Thats overwhelming. The good news comes as the virus spreads across the country at a rate weve never before seen cases on the rise in 49 states over the past week 31 of them having their biggest spike since the pandemic began in the past eight days, weve had more than 830,000 new confirmed cases. Total hospitalizations are back up to where they were back in july, with
From theto the concern economic hit caused by the pandemic. We have job losses here with a more modest hit in this part of the world. Else is going on out there and quickly looking at the dollar index is. We do have the dollar steady at the moment. We had the surge in the dollar seeing a little bit of a spike taking place. Being seen as a haven currency. The yen, 104. 49. New york crude, what we have here is a plunge taking place overnight. Nearly 5 . They recovered a little bit from that. 8 10 of 1 . 67 a barrel for wti. Gold the steady, but not really acting as a safe haven. We have breaking news, the dow jones reporting that it may close to buying nc, according to people and what would be the second Big Semiconductor tie up this week as the industry rapidly consolidates this deal. It could be worth 10 billion. Thats according to the dow jones. Dow jones reporting marvell could be close to buying inphi later this week. Lets get our first word headlines. Not european leaders are impos
Australian government is slowing down. It is flat in the session. The jci and jakarta composite index just started off its trading day. Dollar index moving to the upside. Sterling is flat at the moment after gains. Those gains coming about after we got brexit talks being extended to the end of october. That is adding some optimism that may be a deal could be done after one of the chief eu sides comingid see close together at the end of last week. Crude oil and gold moving to the downside as we have limbo in regards to the fiscal package or stimulus package out of capitol hill. Lets have a look at what is going on in terms of the first word news as we get over to new york and join Karina Mitchell. Karina global coronavirus numbers continue to make headlines with the u. S. Reporting record infections for the second day in a row. The white house saying the administration is not going to control the crisis. the news comes as Vice President mike pences chief of staff tests positive. Withe h
They are suspending trading in hong kong. We dont know the reason for that but we will bring you the reasons when we get it. Backdrop, the hang seng up by half of 1 . The authority spending a lot of money to defend the dollar peg. That is something on peoples. Inds as people make a rush 0. 5 toi composite, about the downside. Of what istrends going on as far as Market Action in this part of the world. Lets look at some of the first word news. President trump seems to have abandoned any hope of a virus package before the election next hek, telling supporters that sees a deal coming after the votes. Package covid19 continues to soar in the u. S. In newlizations jumped , ando, 50 in wyoming elsewhere in connecticut. France is planning a nationwide lockdown bid one in four airports in europe are collapsed as the virus europe face collapse as the virus stifles travel. Kar inion people in kash were said toince have undergone checks over the weekend. Authorities found five confirmed asymptoma