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 late-stage trial of the one-shot coronavirus vaccine. jackie deangelis with all the details. hi, jackie. reporter: good afternoon to you, david, that is really important. late-stage 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 late-stage 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 late-stages 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 vacc
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 we ll speak with ceo marc benioff we ll discuss how the pandemic changed business and his thoughts on oracle and tiktok deal plus more walmart is hiring tens of thousands of workers we ll speak to fubu founder and shark daymond john the stories we re watching, mike santoli tracking action, sara with a look at nike s quarter mike, let s 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 didn t seem news driven though incrementally coming into the week, weak seasonal patterns a general sense if you were talking about an economic recovery, you weren t getting fresh confirmation of that day to day of course nasdaq i
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 people s 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 ver
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, we ll 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 dick s where they re not talking about that. i was talking with j
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 year s end. liz: dow jones transport 52-week 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 highe