To the qatar blockade within the next 2 months. And just their exclusive investigation unveils recordings of one of the worlds most wanted men attempting to negotiate immunity from prosecution in the nation. And this hour president elect joe biden is expected to be a big deal in his plan to revive an economy ravaged by the pandemic, we will carry it live. The World Health Organization is warning the world not to relax its guard as the push for a Coronavirus Vaccine shows signs of progress. This is not the time for complacency. While we continue to receive encouraging news about coffee of 19 vaccines and remain cautiously optimistic about the potential for the new tools to start to rise in the coming months. Right now, we are extremely concerned by the surging cases we are seeing in some countries, particularly in europe and the americas. Us pharmaceutical firm says their results from trials show its vaccine is 94. 5 percent effective. Its really important milestone in the fight against
S p by 11, nasdaq up by about 42 there were a few areas of the market yesterday that continued to outperform including the small caps russell 2000 coming off an alltime intra day high. And then there is the khodow trs trading at a record high and right now it looks like the ten year is yielding just about 0. 8 the transports a lot of times, they are an early indicator of what is to come, but maybe more difficult to glean what is happening this time given the overall virus situation. Yeah, it is and it is really not things Like Airlines so much driving the transports actually fedex and u. P. S. Are arguably kind of stayathome plays and they are also big components of the transports so really just kind of gone sideways in the last day or so, not much of a pullback just yet. So well very to see how that develops and in this context especially with the White House Task force painting a bleak picture on the near term outlook. The most recent report warns that there is, quote, now aggressive
Crop prices, reforms ruin their livelihoods, and they are prepared to bet a hat on to the sports. A frightening crash in the east racing fans. Restless a formula one driver will moan, escapes with is like 2 blocks away from a great ball of fire. I mean for the most unwelcome december is beginning with a race for a functioning coronavirus a back seat. Us drug firm would turn us asking for emergency approval off its covert 1000 vaccine and both europe and the united states. It could be in use in the u. S. Within weeks. What ernest product would speak of a 2nd drug likely to receive special authorization following another, developed by pfizer and of german partner biotech. Finding effective vaccines is a crucial part of tackling the corona virus pandemic. With madonna filing for emergency approval of its vaccine on monday, it could get the green light before Christmas Eve and year vs orders that are advisory meeting is likely to be on december 17th. If you hype or see boiled up between th
With a new show on cnbc, highlighting Small Businesses and the people behind them across the country power lunch starts right now welcome to power lunch. Im john fortt take a look at whats driving the Market Health care stocks the biggest laggards while industrials and financials lead the way. Check out the bank names all higher tesla, the big winner. At the highs of the session, helping to turn the nasdaq almost positive, close to break even midday. Morgan stanley final upgrading the stock to a buy after a 500 gain this year lets get to bob pisani for more on these markets bob, you got me . Maybe not. Kelly, do you see what is happening with these markets i mean, were showing the sector snapshot here. Weve got s p retail is higher ahead of a Holiday Season we expect to be really strong for ecommerce and weve seen strong results this week from walmart and target yes, we do. By the way, i want to point out well, i want to point out that the dow turned negative only in the past hour or s
States Governor Newsom announcing today a possible stay at home order could be reinstated as coronavirus cases surge, thank you for joining us today at 3 on this monday november 30th, im tahernia 99 of the state could be another under another state home order state leaders are set to decide in the coming days. This will be regions with a concerning hospitalizations and icu capacity weve got our Capitol Bureau reporter ashes of allah covering the story and shes joining us now live from sacramento with the latest official update actually. Its an as yet covid19 cases in california are exploding with a new peak at 14,000 cases per day state leaders gave this new warning with real concerns about the State Hospital capacity. But if these trends continue were going to have to take much more dramatic. Arguably drastic action governor Gavin Newsome says hes waving the red flag as california sees a surge in covid19 cases and hospitalizations he warned monday a stay at home order could become it