Welcome, everyone, the kboel im sara eisen, here with wilfred frost. Pfizer says its covid19 vaccine candidate developed with biointech is more than 90 effective in preventing covid19 in a phase three study the cow and s p 500 hitting record highs in todays session, this after strong gains last week as well as the Election Results come into sharp focus. Seeing down sectors like airlines, cruises, banks, and energy are seeing outsized returns today on the vaccine news while the stayathome winners like zoom, peloton, and amazon are coming back to earth. Nasdaq is actually negative with this more than 1,200 point rally on the dow 59 minutes left to go on a historic day on wall street. Nasdaq hovering around the flat line. Big gains for the dow. Coming up on the show, a massive guests line ups. We will discuss the vaccine, the election, what it all means for your money with huge names nelson peltser will weigh in with his thoughts on what the market is doing as we speak. The chamber of com
Mean civilians abound in a district as part of a cease fire treatment, many torched their homes to leave nothing for azerbaijan is seeking to reclaim the program. Theres been another breakthrough in the race for a vaccine against covered 90 u. S. Pharmaceutical companies, but says its experimental vaccine use 94. 5 percent effective. It will be tested in a late stage trial involving 30000 of volunteers. The treatment involves 2 injections and just not have to be kept in cold storage conditions, but expects to have enough safety data for us, regulators to approve of roll out the vaccine this year. The European Commission says its working to sign more supply deals with vaccine makers. Lets find out more about this with eric feigele doing whos an epidemiologist and Health Economist from the harvard Chance School of Public Health. Welcome to day w. Lets start with this. This looks like fantastic news at 9000095 percent effective. Explain to us what that means in real terms. Company b. Here
Country, we have reasons for optimism. With mondays announcement from the monitoring board for moderna 95 idate vaccine and showed efficacy, we have two safe vaccines that could be authorized by the food and Drug Administration to be distributed within weeks. Operation warp speed has vaccine in a fe number of ways. And ensure there are no delays in vaccine production. Because of this work, by the end of december, we expect to have 40 million doses of these two Vaccines Available for distribution pending f. D. A. Distribution and going to our most vulnerable americans. We have been laying the groundwork in administration for months. There are four major caps to get the manufactured product to americans safely in order to save lives. Allocation, distribution, administration and ongoing monitoring and data work. We have led the groundwork for these and paid for the vaccines and worked to ensure that the Administration Costs will be covered by private insurers through medicare and medicaid
We have now to safe and highly effective vaccines that could be authorized by the food and Drug Administration to be distributed within weeks. Number of ways. Operation warp speed has delivered a safe vaccine in a number of ways. And ensure there are no delays in vaccine production. Because of this work, by the end of december, we expect to have 40 million doses of these two Vaccines Available for distribution pending f. D. A. Distribution and going to our most vulnerable americans. We have been laying the groundwork in administration for months. There are four major caps to get the manufactured product to americans safely in order to save lives. Allocation, distribution, administration and ongoing monitoring and data work. We have led the groundwork for these and paid for the vaccines and worked to ensure that the Administration Costs will be covered by private insurers through medicare and medicaid for the ungin insured so american. We procured supplies like needles and personal prot
Election uncertainty poised to bounce from the worst week since march businesses are bracing for election unrest. Live in manhattan. Well take a look at how companies are preparing for the unknowns of this week ahead. And with no preelection stimulus lifeline, how airlines are now preparing to stem the losses and lure passengers back in to their seats. Carl all right, jim, what do we think is going on this morning doesnt sound like you trust futures at this level. We really sold off terribly friday until the last half hour. This is continuation of what looked like a short covered rally. I think a lot of people who are betting that no matter what happens it will be contested and therefore the market has to go down so, why not just come in short my problem with that is what happens if its actually not contested . What happens if its a landslide for either side. The reeason i point that out if youre betting on a contested election its entirely possible with our 24hour coverage its entirel