95 points higher. You know liz mentioned this down the stretch of her show, russell 2000, the small cap stocks, dow transports they both closed at records today as well. That is kind of day. A lot of green and really big day for stocks. Im Connell Mcshane. We welcome you to after the bell. Those are the numbers at the close. Time now for the news thats happening at this hour. We have fox Business Team coverage with Jackie Deangelis in the new york newsroom, blake burman reporting from washington, also get to Hillary Vaughn in wilmington, delaware, president elect biden just wrapped up there remarks on the economy but blake, lets start with you. That is the big news today. That Moderna Vaccine. Tell us about it. Reporter they expect, connell, moderna does to apply for the eua, emergency use authorization in the next couple weeks. Maybe distribute the covid19 vaccine by the end of the year. When you look at numbers on the Clinical Trials it is about as good as they hoped for. Here they a
The red. For the fifth trading day in a row. That is the longest losing streak for the nasdaq in more than a year. The president is holding his first arizona rally of the day. First of two. Mr. Trump heads to the tucson area after he wraps up in prescott. Im speaking to voters on the ground in Maricopa County, talking to them about issues that matter to them. A lot of coming up in arizona. First with fox Business Team coverage. Jackie deangelis with news in new york. Beginning with blake burman in the the white house. Blake. Reporter father one of those phone calls with nancy pelosi speaker of the house and treasury secretary Steve Mnuchin was supposed to begin an hour or so ago. Theyre not trying to hash out the top dollar figure but all the language underneath it. For example over the weekend of the speaker of the house wrote to her democratic colleagues the language white house changed or white house negotiating team changed related to testing simply didnt cut it. This is what she w
And joe biden will be participating in dueling town halls. As a matter of fact the president is on his way here to miami as we speak. Expected to touchdown later this hour. Well bring you any developments from President Trumps visit as we continue. First though, our top stories live with fox Business Team coverage. Jackie deangelis in the new york newsroom. We start with blake burman on the north lawn at the white house. Blake. Reporter hi, there, connell. There are two very different messages from the top two republicans here in washington when it comes to the possibility of another covid relief package. Lets start with President Trump. As you know called into fox business earlier this morning, spoke with Stuart Varney. The president said that he is open to potentially increasing the white house offer above the 1. Trillion 1. 8 trillionish figures as it relates to Nancy Pelosis 2. 2 trillion figure, he doesnt necessarily like some of aspects in the democrat plan. Listen here to what t
Reporter good afternoon to you, melissa. Lets look at the market as theyre settling out. The dow looks like it is finishing down by 524 points. You mentioned the s p 500, that is important too, down 8 1 2 from the record high on september 2nd. 3580. You see the s p closed to 3236. You mention what dragged us down, it was selloff in tech late in the day. Well get to that in a moment. There was optimism early on in the session with respect to coronavirus vaccines, Johnson Johnson entering the latestage three trial that was a little bit positive for investors to get their heads around but again look at these dow losers here. Sales force. Chevron. Apple was one of the big ones, amex and boeing. On nasdaq, losers, fedex, amazon, netflix, align and liberty global. It was a rough day when it came to some of these stocks. It was sort of stock specific and then dragging all the indices down together. Remember this has been choppy for the last couple weeks right now as were heading in and gettin
This weekend, but again, these are fast moving pieces. Were looking at uber and lyft that might be exiting california because of some new requirements that they treat their freelance workers like employees. That could be a costly issue for them, so much so even though it accounts for about 60 of their combined business, the state of california alone they would still leave rather than put up with that. In new york city, forget about the virus, forget about eventually opening up gyms next week, the fact of the matter is, new york city is a safety concern right now with residents in once red hot real estate markets saying enough. It has gotten so bad theyre bolting. The visitors upon hearing this, theyre just not coming. So were following that. Right now were also following the drama in washington as at least the house considers coming back to deal with this postal issue. Chad pergram on that. What are we talking about here, chad . Reporter the house of representatives is going to meet on