Biontech, seeing a bounce. We know that pfizer is not a hype company its a big conservative company. When it sees things that are not working it is quick to say it. When it sees things that are working it is long to say it in other words, this is not a company that is a brag Guard Company so i am very surprised to see them come out this early. They must feel a level of confidence that is extraordinary versus what they typically do. David, youve known pfizer for very long, you know that pfizer is one of those companies that i guess you would regard as stodgy and certainly not a company that likes to get ahead of itself no. You would have to put it in that category, i think, so it is interesting that this has been shared as meg said and as we know 24 patients, jim, is not a lot. Very positive it would appear at this point i think always important to mention, though, that when we talk about a vaccine we are talking about the need for largescale trials as soon as possible because, of cours
Investors, waiting, chomping at the bit after the feds announcement on Interest Rates a little later. An Interest Rate hike is forecast. 2018 the expectation for and 2019 that will be in focus. The bloomberg dollar index, in the wake of the Alabama Senate election, falling today. Down by about 0. 2 . Crude rising ahead of key stockpile data. Marketsp, we will talk with christian nolting. With lapos elkann and Dennis Gartman. Sebastian the European Union againsted the u. K. Rollback on the agreement they have made last week. Michel barnier says britain cannot try to unpick the deals they made on friday. Still, europes leaders are planning to hand the u. K. A carrot for future relations. Former french president Francois Hollande says hes is a possibility for britain to strike a trade deal, but speaking exclusively to manus cranny, he cautioned that there are certain red lines. Eresident hollande a trad agreement is always possible, but it needs to be clear that it cant happen at any cost
Rosey lately with volatility back with a vep jengeance. The dow is up 4 . The s p is up 5 . And the nasdaq is up by roughly 9 . We have been watching the futures this morning ahead of the opening bell this morning. We do see red arrows with modest declines. The dow futures are just 28 points below future values. The s p is down two points and the nasdaq is down 3. 5 points. Over to you, andrew. Well talk Corporate News this monday morning. Argentina suspending proctor gambles operation in the country accusing them of tax fraud. Argentina accuses the company of overbilling 138 Million Dollars in imports to get money out of the country. They are gaining in mccow with and lists looking to decline year over year. Among the reasons, fewer tourists slowing the Economic Growth and china fighting corruption. And in a monday morning deal already this morning, the publicis is buying sapient for 25 a share in cash for 3. 7 billion. Thats a 44 premium with the deal coming after publicis failed on
Is that why democrats stand to lose ground if the polls are believed to be . We have more on what the survey says of blackrocks rob capito joining us. Dont look now but the s p is close to posting doubledigit ganl this is year. What about hedge funds and actively managed mutual funds . The way a lot of folks are invested in this market. The news isnt so good for them. Well take a closer watch. Tim cook promising the apple watch and maybe not now until springtime. I thought it was now, as a matter of fact. Whats delaying the apple watch or was the spring that cook mentioned early next year . Well try to sort it out. Josh lipton is doing digging. We have a report on that coming up in a little bit here. Entering the final hour of trade, the Dow Jones Industrial average off 20. The s p just barely negative at 2017 and the nasdaq adding 5 points and still the outperformer. Talk about it all in the Closing Bell Exchange today. Sam stovell with us, jake raddic, Quincy Crosby and our own rick
But appetites to own are another. New home buyers, first timers, new lows, enormous ramifications for the housing economy. Lets check in with sue at the new york stock exchange. Kind of a mixed day here. We had mixed Economic Data so perhaps mixed trading session should not be a surprise. Dow, s p 500 and dow utilities. Dow negative by about three points or so. Some of the big integrated oils are moving. Chevron and then home depot the biggest drag on the index. Nasdaq up for the 11th time in 1 sessions. The middle of october we all remember how brutal that was. It ended with a pretty big bang. Which are riding the market the best . The index funds or actively Management Funds . Dominic chu is back at hq. If you look at active versus passive discussion it is about whether or not it is better off to pick stocks and time markets as opposed to do what everybody wants to do which is stick with one fund that marks the s p 500 and go from there. According to the analysts at morning star tell