Total request fast money copping yocop coming your way at the top of the hour tweet us all your burning questions. New guidance from the cdc on when we can expect a coronavirus vaccine. Meg terrell joins us with the developing details. This information comes in the form of a letter that dr. Robert redfield sent to governors we have confirms this letter and have a copy of it. He tells the governors that health and Human Services and the cdc are, quote, rapidly making preparations to implement large scale distributions of covid19 vaccines in the fall. He asks that as they make these preparations, that they consider waiving requirements that would prevent any facilities from becoming fully operational by november 1st my understanding of this from folks ive been talking with in the government is not that they are saying a vaccine will be ready by november 1st. Were showing you the enrollment progress in phase three trials for pfizer and moderna what that deadline really is, is to encourage
This just a correction or is there Something Else more insidious involved . I wouldnt use the c word. I would say this is profittaking pullback. That is all this is. Remember, the nasdaq, top 100, ndx were up 75 straight up off the lows. Even after this pullback were off 10 from the highs, theyre sill up 66 . Looking at the s p, right now as it stands is 50 off that march bottom. So the end is not near. This is just a profittaking pullback. This same situation is in place. Lets see how things react. Even with today, were only down 3 in tech. That is not much at all. What i like to see with vix. The vix has a lower high than it had on friday even though the s p had a lower low. That is very much a positive. David jonathan what do you think . The end is not here. This is just a pullback. We could be way up again momentarily after the pullback is finished. What do you think . Put me in the bear camp, you have 80 new, 20day highs, excuse me, only 8020day lows. And the pendulum is to the be
Country. Vice president pence rejected the radical dem suggestion that, quote, democracy is on the ballot this november and offered this contrasting and much brighter message the economy is on the ballot. [applause] law and order is on the ballot. [applause] our most cherished ideals of freedom and free markets are on the ballot, thats why we need four more years of President Donald Trump in the white house lou President Trump afterwards giving his own rousing kickoff speech. He appeared in high spirits. President trump using the crowds chants of four more years to troll the radical dems and, of course, the leftwing National Media. [cheers and applause] four more years four more years four more years four more years four more years if you want to really drive em crazy, you say 12 more years. [laughter] [cheers and applause] lou President Trump also warning the delegates about the radical dems continued push for unsolicited mailin voting, declaring that would open up novembers election
Mountains, highway 101. There may be foggy areas. Back to you. Thanks so much, mike. Our breaking news that were covering, this week will be critical more than 14,000 firefighters battle 17 major fire complexes sparked by lightning storms burning mostly in Northern California. The wildfires caused at least seven deaths statewide and destroyed at least 1,200 homes. And in the bay area there is a lot of ground to cover. Our team once again covering every inch of it this morning. Today in the bays Cierra Johnson is live in wine country where workers were nervously hunkered down there. But we begin with kris sanchez in Santa Cruz County. Were actually hearing from an evacuee. Reporter yeah. Weve been hearing a lot of these harrowing stories of how fast people had to pick up and leave. Sheriffs deputies are still looking for four people who are missing, reported missing from the evacuation area. That means no one knows whether they made it out or not. Maybe theyre among the 77,000 evacuees.
U. S. Markets, all three major market gages rising more than 7 . The dow with best august since 1984. Shares of zoom soaring premarket, ceo 4 billion richer in just a few hours after a huge jump in revenue for the company. An Appeals Court delivering setback to Michael Flynn rejecting bid to toss out charges against him. Amazon taking to the skies, drone delivery coming one step closer to reality thanks to the federal Aviation Administration. Mornings with maria live right now. Dagen checking global action, france factory activity slipping back into contraction, the purchase Managers Index below 50. Better use out of uk, rising above 55 showing growth. In asia overnight, markets fairly flat, south korea kospi big winner. President trump heading to kenosha, wisconsin to deliver law and order message. Cheryl casone with the headlines, hey, cheryl. Cheryl the former Vice President blaming President Trump for the uptick in violence in cities across the nation. He doesnt want to shed light,