Later a danish woman finds a stone age necklace while strolling on the sea shore. Hello and major trials of a new vaccine have shown its effective against some new variants of covid 19, helping to reduce fears that they might prove resistant. Novavax is an american jab but its being produced in the uk. Its also easier to roll out than some previous vaccines since it doesnt need to be kept at ultra low temperatures. The news came amid a deepening row between another vaccine maker astrazeneca, and the European Union over shortages. 0ur Medical Editor fergus walsh reports. Once again, science has triumphed in the fight against coronavirus. The Us Firm Novavax has released results of its british trial showing the first proven efficacy against the new, more contagious uk variant. There were more than 15,000 volunteers on the trail throughout the uk. Over half the cases of covid recorded were the result of the new variant. The results showed the vaccine was 95 effective against the original
Away. Knife edge. Brexit talks near a compromise on fishing, leaving the level Playing Field the biggest obstacle. Can the side to get a deal through today . Sanctions hit sentiment. Stocks and futures flip as the u. S. Is said to add more chinese officials to a blacklist and the rollout begins. Coronavirus vaccines start in the u. K. Tomorrow. The u. S. May follow suit by the end of the week if the fda gives emergency and approval emergency approval. I have been away for six weeks on paternity leave. It has been fantastic. Not much seems to have changed in terms of markets. We are still in crunch time. We are still looking at covid infections rising to alltime highs. We are still looking at u. S. Stocks rising as well. I guess the vaccines is the hopeful sign. Maybe this week, the good change we have all been waiting for in 2020. On return, everything has changed and yet nothing has changed. Certainly new information. That has been a real game changer. But we are still as you say at c
For a supercharged economy next year if we get a stimulus package. Traders are already betting on vaccine hopes. Joe, the u. S. Stock market had one of its best months in november. The s p 500 surging 11 . It feels like we are on this track to keep on hitting these lofty highs. Joe it is really extraordinary because yesterday we talked about november was an incredible month. Lots of followthrough. You e th indices in the green today. Once again, we see this speculative exuberance starting to build up. Look at this coal volume. Absolutely surging. If you look at anything today that was back to normalish, it was all highs. Chart of pull up a nordstrom are macys, romaine blackberry shares. [laughter] it is like a blast from the past. Joe anything that was old or forgotten about, it was hot today. Feels like that exuberance is starting to build. Romaine you are seeing investors come off the sidelines. Take a look at the vix because i do not know if it i do not know if the signal is. Some p
In 2020. The mcrib is back. We will give you the juicy details. The nasdaq and dow gained. Alphabet soared to a new record as we kick off the final months of this year do you keep with the big tech trade . What does that mean what he is getting himself into. James mcdonald, i want to say on the sides and behind the cameras, welcome i know we are thrilled to have you and cnbc is thrilled to have you. And i know melissa lee is tlo d thrilled to have you because i believe you both attended harvard. Maybe he didnt hear me. He said thank you a lot of stocks specifically google, has been carrying finerman for years but can these continue higher, yes. Although i am skeptical on the broader market, google has been steadfast. They had an amazing quarter, huge run post earnings so we said that night that despite the 12 or 13 move, the stock was probably cheaper then than in the past 24 hours. It is only trading 28 times next years number with a huge cash forward and probably 21 or 22 growth so t
From the fou tour. Two owe posing ways to play the semisector and how to keep digging when at the end of a mine its time to risk less to make more options action starts now. As we just mentioned. Interest in options trading seems to keep growing by the day. So bob has at least part of the reason why good to see you options trading has become the new Sports Betting millions staying at home have discovered Sports Betting and it has created options trading. Trading in equity options hit new highs in november continuing a trend that began earlier in the year equity options trading is 50 above last years level yeartodate on all of the options platforms. Much of the activity has occurred in out of the money call options with much of it in day trading. Buying in the morning and getting out in the afternoon analysts say that might make some sense if you only have a limited amount of money to invest, buying options at 1 or 2 may make more sense than buying a tesla or amazon or apple if the stoc