Work. We are finalizing the , whichl of a phase three we are hoping to start in july of this year. Severaly will be thousand subjects across many countries. That it will happen in july as planned. Talking about how it is accelerating its testing. I want to bring in taylor riggs. A lot more work needs to be done here to prove that the vaccine works. This would have to be going on for much longer and more sustained trials. How much of this rally is due to here . Pe of a vaccine taylor i would say that there are three things to be happy about this. Updating the stock to 105 a share with the buy rating. Saying that this vaccine hits the mark. Paper sandler saying this could have potential blockbuster sales next year. Essentially, you had analysts on the street doubling their price target today. You did hint a little bit about a note of caution. I will reiterate that as well. Was ats said the result sample from a small, first study looked to see how safe it can be in human volunteers and it
Amendment fight. The states have power to reopen. New york state Governor Andrew Cuomo will sue the white house there are two task forces. One on the northeast, one on the west coast, how do you see this playing out . I think they will all end up working together. I think the president wants to be able to share his vision of the appropriate timing. He has got a lot of real professionals working with him and i think the governors do really want to work side by side there may be discussions who is in charge of what. Reality is, look, timing on this, the timing on this recovery will be depending on science. It will be dependent on our ability to get back to work as soon as possible. The president has the right idea. We need to open up the economy as soon as possible but at the same time these governors, i think they feel the same way. Theyre going to want, theyre going to want us to respect the federalist, the federalism that has been a part of our country but most certainly i think this
At this. Look at the market this morning. We are going to be down today, of course that follows an enormous 20 rally in the last three days. Perhaps investors are upset with the delay in the stimulus vote. Perhaps theres some profit taking after the explosive rally. The dow will open this morning with a loss of around 700 points. The s p, down about 200. The nasdaq off about 82. A decline at the opening bell. President trump, he wants to get the economy back up and running again as soon as possible. He has a plan to divide counties by risk, high, medium and low, depending on medical conditions. Some of those low risk counties may be able to bring some people back to work early. Today on this program, i will ask Vice President pence about the president s plan. Thats in our 10 00 hour this morning. The news on the virus itself, the United States has now more cases than any other country in the world, assuming you can believe the numbers coming out of china. Spain recorded 769 deaths in t
The dow is down 538, s p, nasdaq red as well. Now, right now, i want to show you live pictures of the white house. We have just been told that we are going to be waiting for the president to sign the 2 trillion coronavirus stimulus package, the house just passed that about an hour ago. Liz is going to have some info on some of the beatendown businesses left out of the massive rescue plan. We are watching the white house. We are going to bring you that event when it starts live right here on fox business. And the work and learn from home culture gets off the ground. There is one company thats working to get your business set up for this new reality. We have got a fox business exclusive with the ceo of avaya and the Remote Work Solutions its been using from wuhan to italy to here at home. Plus avoiding the Doctors Office is a big priority as the u. S. Becomes the epicenter of the covid19 pandemic. A Company Delivers Telehealth Services to doctors and patients, they do all of this remotel
Lets firm up our competence together we will definitely win the battle. And well win and china will win. Meanwhile iran struggling to contain the spread there have been more than 7100 active and at least 237 people have died that number is believed to be much higher now unlike italy and china iran has not placed anyone under quarantine the u. S. Is also working on how to combat the spread of the virus and Vice President mike pence announced Insurance Companies have now agreed to cover copays per coronavirus testing. Please you reported as you requested mr president the Insurance Companies here. For today. To waive all copays and coronavirus testing. Extend coverage around our. You know your benefit plan and your direction here in america last week already made clear to Medicare Medicaid beneficiaries the coronavirus testing and treatment would be covered these private carriers extended as well currently the us reported 761 cases the death toll now at 27 but the number is expected to sk