That we are looking at, much like we did yesterday where we were talking a great deal about the possibility of a new record even intraday or all time on the s p. Yesterday it was that bizarre russian vaccine news and i think we can all term it bizarre, but today its moderna signing a deal with the u. S. Government which is signing a lot of deals to make sure that there is manufacturing capacity in place to deliver a lot of doses of a vaccine if and when it does get through phase three trials into i was listening to meg tirrell this morning and i was looking at an email how much is regeneron getting. 500 million in july i would say, david, is there any amount that you wouldnt spend on these companies to get this thing beaten because if were spending 2 trillion to just try to stay in place we have got to flood the market with money. Make it so its worth wise for everybody. I have emerging bio tonight, they would be helping making a lot of these giant doses and i dont think i think that y
Nasdaq nosedived the worst day since march. The lesson things got too easy. Everything was working every sector, the airlines, oils, health care, cruise lines, transports, blanks, retail, tech until a few days ago, picking winners, you know what it was like it wasnt like shooting fish in a barrel, it was like machine gunning fish in a barrel when it getz that easy, when everyone thinks theyre smarter than warren buffett, you know youre in a real bruising. A genuine roll back, and sets back the neophytes who only knew when you buy a stock, it goes up that logic has now been debunked this has wiped out a good chunk of the geniuses who crowded into the airlines, betting they knew better than buffet after he dumped the whole group so what happens now . If theres all this money being managed by novices who only know how to chase momentum, is it safe to buy before those get blown out . Dont have you have to way until the Hedge Fund Guys who missed the whole rally, come on our air and say i t
Laser focus on washington today as President Trump gears up for his first address to a joint session to congress tonight. What you can expect from the big speech straight ahead. Im melissa lee. The battle for your trades. Fidelity cutting fees. Take a snapshot of that, schwab, etrade, tdameritrade firmly in the red this hour. What every investor wants to see, exclusive of the ceo of target. Courtney reagan is live with Brian Cornell in new york city. Courtney . Hi there, brian. Thank you very much. Thats right, target just wrapped up its 2017 financial meeting. Im here with ceo Brian Cornell thank you so much for joining us. Your stock price is down 13 . Worst day in 18 years. Do you have a confidence problem with wall street . Courtney, were really confident about the direction were setting. Today was about taking our shareholders through the new direction of the company. The investments were going to make, both from an operating margin standpoint but importantly from a capital standp
Ukraine teeth set up the most serious beef with prices since the cold war and raised the possibility of a gas crisis in europe the United States slapped sanctions against them or what officials and seventy Merchant Company linked to russian president but the report in the mood of the latest attempt to punish moscow Court Intervention in ukraine a charge denied by russian official the white house said the seven russians who include the nurse jen head of russias Major Oil Company ross nap and a close ally of them are now subject to a freeze on any assets they hold in the United States and a ban on us travel in addition the United States will deny export licence applications for any High Technology items that could contribute to russias military capability the white house said the us commerce and state departments will revoke any existing export licences to meet the condition the eye. I am going to use the new one i know. I hope. You just bought new one. Thus the us and eu continue to mow
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