From volkswagen today. The auto company, vw, just unveiling its new electric suv. It will be assembled right here in tennessee, usa. Volkswagen of America President and ceo, scott keough will give us all the details a very busy hour coming up. Johnson johnson is beginning a latestage trial of the oneshot coronavirus vaccine. Jackie deangelis with all the details. Hi, jackie. Reporter good afternoon to you, david, that is really important. Latestage testing will get to us the vaccine this is phase three for Johnson Johnson. Administration operation warp speed has four candidates now, this is the fourth one to get the latestage testing phase. Phase three for Johnson Johnson will be 60,000 people across the country and abroad. Moderna, pfizer, astrazeneca, they are the other ones right now in the latestages this is coming as the department of health and Human Services Just Announced 200 million as well to try to get certain jurisdictions ready to administer the vaccine. It will help them
Digital sales. More on that in a moment some hope on the vaccine front as well to mention j j entering trials with 60,000 volunteers though cases rising in many states here and abroad down 450 points. A sharp selloff in half an hour as kelly and frank were discussing on the show well speak with Ceo Marc Benioff well discuss how the pandemic changed business and his thoughts on oracle and tiktok deal plus more walmart is hiring tens of thousands of workers well speak to fubu founder and shark daymond john the stories were watching, mike santoli tracking action, sara with a look at nikes quarter mike, lets kick things off with you. Down 2 on s p. It seems as if really this rolling correction period in september has Unfinished Business to it didnt seem news driven though incrementally coming into the week, weak seasonal patterns a general sense if you were talking about an economic recovery, you werent getting fresh confirmation of that day to day of course nasdaq is in sell the rallies m
History and when edward sent me the dawn of victory it was pristine. I have never said that about a man new script. I get paid to help dekrurbgtconstruct peoples writing. It was a fantastic telling of a story that is often overlooked. It is so under rated and edward dust a magnificent job of doing justice to an incredible phase of the civil war the make it or break it point. As he will share with us it is the breaking point that leads to the end. Without further ado i would like to introduce my friend mr. Edward alexander. Edward thank you very much for that kind introduction, chris, and to all my colleagues at emerging civil war for putting on a fantastic symposium that i hope everyone has enjoyed so far. It is a privilege to talk to this group and thanks to all of you. We would not be here just talking we might be here talking to an empty room but it is great to have such a wonderful turnout to explore the great attacks of the civil war. I believe and this will be a very biased opini
As well and europe moderately in the red as asia does retreat from the big gains yesterday. We have hit dow 16,000 and s p 1,800. But then those comments from carl icahn yesterday spoiled the party a bit. There could be an announcement this morning involving that 13 billion settlement between the department of justice and jpmorgan chase. If and when, well fill you in. More problems for tesla as the automaker is the subject of a formal government probe involving fires in the model s. The dow hit 16,000, the s p 1,800 yesterday. Both closed below those levels after carl icahn expressed concerns about current valuations, saying that stocks, in his words, could face a big drop. Jim, the story for retail in the Fourth Quarter is going to be price competition and margin pressure . I think companies mentioning price competition, best buy, contrast Urban Outfitters last night, contrast that with home depot and dicks where theyre not talking about that. I was talking with john donahoe yesterday
Liz the bells are clinging on wall street, and we lost some hefty gain yesterday, but not all of it. Dow jones industrials vanishing up, down actually. We sliced the losses in half in the last two and a half minutes. David when there is downward pressure from the fed, nothing pushes the market like the fed would. Liz i know those levels matter, but a lot of red on the screen. David the fed may be finishing up the money printing before the year is out, gold took a big hit down 24, again all because of the minutes from the Federal Reserve suggesting there is now an even defied within members between those who are for ending qe or continuing until the years end. Liz dow Jones Transport 52week high. The index often looked at as a barometer for the overall market. Airlines, railroads, fedex and ups. David the yields rising for a Third Straight day since may. 1. 91 . Historically it is low, but significant jump seven basis points. The cliff deal led to most of us with higher taxes. New Healt