Shoppers are spending more during each visit during the pandemic which is good news for target. That is a bright spot in otherwise down day on wall street. Im Connell Mcshane. Welcome to after the bell. You know the numbers after the bell. We have time for the news that is happening at this hour. Fox Business Team coverage, blake burman is in washington, we have Jackie Deangelis in the new york newsroom, Ashley Webster coming up as well watching some of the new restrictions on business ahead of the holidays, well get to that in a moment, but, blake, lets start with you. Whats the latest. Reporter big news out of pfizer today, connell, 95 effective and safe that was the news out of that company as it relates to the covid19 vaccine candidate with pfizer saying they could apply to the fda for that emergency use authorization here in the coming days. Here is what pfizer said this morning about that covid19 vaccine that they are putting forth. They wrote, quote, to date the Data Monitoring
Announcer this is Washington Week. Corporate funding is provided by [music] for 25 years, Consumer Cellular has been offering no contract wireless plans designed to help people do more of what they like. Our u. S. Based Customer Service team can help find a plan that fits you. To learn more, visit consumercellular. Tv. [music] announcer additional funding is provided by the estate of arnold adams and koo and Patricia Yuen through the yuen foundation, committed to bridging cultural differences in our communities, the corporation for public broadcasting and by contributions to your pbs station from viewers like you. Thank you. Once again, from washington, moderator robert costa. Robert good evening. And welcome to Washington Week. President elect joe biden and Vice President elect Kamala Harris continue to face mounting challenges tonight with President Trump refusing to concede and blocking them from both transition funds and highlevel intelligence briefings. Now while some republicans
Announcer this is Washington Week. Corporate funding is provided by [music] for 25 years, Consumer Cellular has been offering no contract wireless plans designed to help people do more of what they like. Our u. S. Based Customer Service team can help find a plan that fits you. To learn more, visit consumercellular. Tv. [music] announcer additional funding is provided by the estate of arnold adams and koo and Patricia Yuen through the yuen foundation, committed to bridging cultural differences in our communities, the corporation for public broadcasting and by contributions to your pbs station from viewers like you. Thank you. Once again, from washington, moderator robert costa. Robert good evening. And welcome to Washington Week. President elect joe biden and Vice President elect Kamala Harris continue to face mounting challenges tonight with President Trump refusing to concede and blocking them from both transition funds and highlevel intelligence briefings. Now while some republicans
Or is Something Else to play. We will get into it but as i can see the major indexes down in the nasdaq up 3 . Following reports of the november surprise on a vaccine bio pharmacy ceo pledged to take the over speed when it comes to treatment. Tesla feeling a little dented this morning after getting snubbed by the s p 500 despite four straight quarters of profit the benchmark index says no thank you very much, we will discuss the implications of that. In Washington Congress returns as a stimulus stalemate continues, white house chief of staff mark meadows kelli Maria Bartiromo in the last hour he thinks the deal will get done and soon. We are 56 days away from the election for the battle of the swing state and definitely heating up. President trump touting a rebounding economy as a hits florida and North Carolina today and we will see him leave later this morning. The president is threatening to cut ties with china and issues of stock morning if joe biden wins. And how about this, the h
The election conversation right now. Speaker pelosi calling the house back into session for urgent action, she says, on the matter. So urgent they are not coming back until later this week. Meanwhile, the market shrugging off any possible chaos from the election. The s p, in fact, could hit an alltime high today. Goldman sachs is raising its forecast on the s p to 3600 by years end. Its also a big week for retail as well. Several Big Companies reporting profits starting with walmart and home depot tomorrow. Lots to talk about. Im Ashley Webster. Yes, stuart is back tomorrow. Varney company is about to begin. Its been run horribly and were going to make it good. Now, what am i supposed to do, let it continue to run badly so if you fix it they say oh, hes tampering with the election. Were not tampering. This is a con game by pelosi and schumer. Look, the post office, theres 25 billion sitting there but they really want 1 trillion to bail out their badly run states. Ashley yeah, that was