Moderna says its vaccine is nearly 95 effective moderna up 9 , 10 right now while the other vaccine stocks are actually dipping we are awaiting president elect bide wren to give remarks about state of the economy after meeting with top Business Leaders and ceos today well get you there when it happens as power lunch starts right now. Thank you, ty. The dow was soaring to alltime highs, just shy of 30,000 today. All signs pointing to a continued rally except for one, a very important one lets go to bob pisani for more on that. Bob . We are seeing that moderna is helping the market overall and continuing a trend that we saw for the last really week and a half lets take a look at the sectors here the story is valuelike banks and Energy Stocks has been outperforming growth areas Like Technology for example nen weve seen cyclical sectors like industrials, for example. Generally outperforming defensive sectors like consumer staples. Generally small caps have been outperforming big caps in is
Its been an unstoppable run for this stock up more than 160 from its lows in late march. One analyst think its got even more fuel in the tank. He will joins as power lunch starts right now the dow is higher for the sixth day in the row thats pacing for the longest winning streak since september lets get to bob for more on the markets. We are sitting at session highs. A little pop about an hour ago that was declared we had entered a recession in february. Let me show you because once again its the reopening story thats moving the tstocks laggig two weeks ago had been leadership groups. Tech is under performing its very interesting how its underperforming. Its not like they are selling them the volume is light in this sector its not a lot of buying interest the same with megacaps you know about the megacap leadership apple is at a new high this is another interesting group. Visa and mastercard have been monsters they have showing some lack of interest today a bit of rotation as we go int
Delivery deadline. What you need to know today to get your holiday gives to arrive on time and the new steps target and amazon are taking to make it easier and faster to ship packages. And ominous sign. What happened when crewed tested the new numbers below the ball drop in times square. And we do say good morning, everyone, on this thursday. Roy moore declaring the battle rages on despite his stinging defeat. Doug jones called on moore to concede saying its time to heal after becoming the first democrat in alabama to win a u. S. Senate seat in 25 years. Moore was plagued by Sexual Misconduct allegations ahead of the election and lost by about 20,000 votes. Overnight he released a video message to supporters making it clear that he wont give up until every vote is counted. In this race we have not received the final include military and provisional ballots. This has been a very close race and we are waiting certification by the secretary of state. Immorality sweeps over our land, even
Easier and faster to ship packages. And ominous sign. What happened when crewed tested the new numbers below the ball drop in times square. And we do say good morning, everyone, on this thursday. Roy moore declaring the battle rages on despite his stinging defeat. Doug jones called on moore to concede saying its time to heal after becoming the first democrat in alabama to win a u. S. Senate seat in 25 years. Moore was plagued by Sexual Misconduct allegations ahead of the election and lost by about 20,000 votes. Overnight he released a video message to supporters making it clear that he wont give up until every vote is counted. In this race we have not received the final count to include military and provisional ballots. This has been a very close race and we are waiting certification by the secretary of state. Immorality sweeps over our land, even our political process has been affected with baseless and false allegations which have become more relevant than the true issues which affec
Vai, good morning to you. It is an intense morning here when it comes to the search. You can see Police Vehicles right there, that big police truck not letting anyone pass that area because thats where the search is going on, closer to the beach. We are also learning the pilot was the only one in the aircraft when it came crashing down. This was a man from New Hampshire who made the trip between New Hampshire and philadelphia often, almost weekly, and tragically he died. We want to show you the video of the search from last night into the other night hours. You had numerous nypd officials out here, Fire Department as well and they were looking in the ocean for plane debris, also on the sand. The search for any more plane debris continued this morning. This is happening near a residential neighborhood in queens. The new York City Police Department Special Operations Unit recovered parts of the plane last night, part of a tail, the fuselage, also a wheel. They also found the body of a ma