The numbers. We begin with the fight against covert 19 and a breakthrough in the race to develop a vaccine the Lancet Medical Journal has published encouraging results from scientists at Oxford University whove been conducting early human testing they found there vaccine appears to be safe and produced a strong immune response right now is being tested in large numbers in the u. K. As south africa and brazil there are more than 250. 00 different vaccines being worked on around the world 23. 00 of them already in human trials well the World Health Organization has welcomed the progress but says that any viable vaccine must be available to everyone. With political commitment of course. Thats the only way you can get you know Fair Distribution but one of the warning part of this we see is. Some countries moving the other direction of course more and more countries are joining the. Benefits the advantages of making this Global Public good. Paul brown has more now from oxford. Phase one rea
Expect sluggish growth. He said he wants to take that think about and rates. Oil is currently unchanged. It has been bouncing around all morning long. Yesterday falling to as low as 42. 75 a barrel. It is entering a bear market, the 21 to its peak, and dollar coinciding somewhat with oil. That is holding your a onemonth high, gaining as much as 1 over the past two weeks. Lets get an update on what is making headlines outside the business world. We are checking in with them on first world news. Has won theel special election for the house seat in georgia for the gop. She took 53 of the vote against democrats. Democrats have hoped to capitalize on debt President Trumps low approval rating. In london, the queen said the government will try to maintain its subtle relationship with european allies. She outlined Prime Minister theresa mays legislative agenda in her annual speech department. Queen carried on without her husband, prince philip. He was hospitalized for an election. In saudi ara
The 45th. It will all happen right here at the capital in washington, d. C. Where people are already gathering to protest the incoming administration. You can see the video from right here tonight as small group of protesters and you can see the people here of course security. We got all that for you. Im lucy noland live in washington on assignment. Im iain page here in our fox 29 studios. Lucy, i know youre at that garden state ball. Well get back to you in just a bit but president elect donald trump just spoke and said he doesnt care if it rains on his parade tomorrow. Tomorrow we have a speech probably around 12 00 oclock. It may rain. It may not rain, i dont care. It doesnt matter. I mean the truth is, if it really pours, thats okay, because people will realize its my real hair its thats okay. [ laughter ] all right. Lucy lets get out to you in washington. Reporter well ill tell was, iain, the weather will be rather iffy tomorrow but luckily im inside tonight live at the garden sta
Philly and the shore, it will be little chillier up in the mountains, jess, we sends over to you. Change you. Just after 7 00. I just want to plan my outfit for new years thats all i want to know. Good morning guys. Out on the schuylkill expressway, i meant to say, 42 at creek road out in new jersey headed northbound, toward 295 and the surrounding area bridges, head today fill, you should really no problem doing so. Starting to pack in just a little volume. Southbound lanes moving just fine though. Things running smoothly, headed westbound towards the king of prussia area. Things still moving along great. Out in new jersey, an accident on route 55 northbound, near route 674, that is north vineland. So thats pushed over to the shoulder there. Use some caution when traveling on by. Currently no problems on any of the bridges. Headed in or out of the city the ben walt, or betsy ross, in problems there, as well. 422 from 202 into oaks, westbound still pretty clear a the loft majors not ha
250 points shy of that level. Still, though, only a couple of Percentage Points in the grand scheme of things. Yeah, bob, its one of the days when the averages dont tell the things. We had mergers. We had more earnings. We had a lot of storied stocks to talk about today. Reporter yeah, considering nobody cares about apple, its supported in the nasdaq, and its the reason we outperformed. Weve been in the narrow range. Look, were 1,580 or 1,680, put up the s p, essentially a month now. What will break us out of the particular range here . Number one, a little thought here, i just want to put you down here with some thoughts of what will matter. Underperformance may not be or it may be enough for us. Weven up, down, only 2 , 3 corrections for most of the year. Just another 2 , 3 , to the downside, thats all thats necessary for people to come in and buy. Stability after tapering in september. My feeling is we get the tapering, we drop 3 on the s p over a period of several days, and then we