Georgia, and the fight for control of the u. S. Senate live from cnbc global headquarters, the facts, the truth, the news with Shepard Smith. And good evening. As america faces whats expected to be the worst wave of covid yet, there is a groundbreaking development in the race for a vaccine. The drug maker pfizer announcing early data shows its experimental vaccine is more than 90 effective in preventing covid19 that would make it about as effective as the polio vaccine pfizers ceo telling cnbc we could have up to 50 million doses of it by the end of this year it is a great day for science. It is a great day for humanity when you realize that your vaccine has a 90 effectively. Thats overwhelming. The good news comes as the virus spreads across the country at a rate weve never before seen cases on the rise in 49 states over the past week 31 of them having their biggest spike since the pandemic began in the past eight days, weve had more than 830,000 new confirmed cases. Total hospitaliza
Georgia and the fight for control of the u. S. Senate live from cnbc global headquarters, the facts, the truth, the news with Shepard Smith. And good evening. As america faces whats expected to be the worst wave of covid yet, there is a groundbreaking development in the race for a vaccine. The drug maker pfizer announcing early data shows its experimental vaccine is more than 90 effective in preventing covid19 that would make it about as effective as the polio vaccine pfizers ceo telling cnbc we could have up to 50 million doses of it by the end of this year it is a great day for science. It is a great day for humanity when you realize that your vaccine has a 90 effectively. Thats overwhelming. The good news comes as the virus spreads across the country at a rate weve never before seen cases on the rise in 49 states over the past week 31 of them having their biggest spike since the pandemic began in the past eight days, weve had more than 830,000 new confirmed cases. Total hospitalizat
Live from cnbc global headquarters, the facts, the truth, the news with Shepard Smith. And good evening. As america faces whats expected to be the worst wave of covid yet, there is a groundbreaking development in the race for a vaccine. The drug maker pfizer announcing early data shows its experimental vaccine is more than 90 effective in preventing covid19 that would make it about as effective as the polio vaccine pfizers ceo telling cnbc we could have up to 50 million doses of it by the end of this year it is a great day for science. It is a great day for humanity when you realize that your vaccine has a 90 effectively. Thats overwhelming. The good news comes as the virus spreads across the country at a rate weve never before seen cases on the rise in 49 states over the past week 31 of them having their biggest spike since the pandemic began in the past eight days, weve had more than 830,000 new confirmed cases. Total hospitalizations are back up to where they were back in july, with
Google all on tap. All that and much more is coming up this hour power lunch starts right now kelly, thanks im scott wapner welcome to power lunch our reporters are all over every ae angle that matters as you know, today the busiest day of earning season. Meg tirel is watching the race for a vaccine as coronavirus cases continue to climb. And Steve Liesman has the details of a muchexpected gdt report hey, bob before we get to earnings, were having a nicely midday rally here let me show you the s p. Some technical aspects we broke above the earlier highs in the day. People do trade on technical calls on in kind of market you see that nice, quick, steady move up here there may be seasonal aspects coming into play, art cashin noting were moving into november, a seasonably strong period of the year for earnings, the early reports have just been spectacular here, generally half of the s p reporting now, 85 beating expectations and the key story is the average beat about 19 , way above the h
The bell apple, facebook, amazon, and alphabet we will also get results from starbucks, twitter, act vision and many more names. We will bring you all the results as soon as they hit. Analysis as well to help you figure out how what to do with the stock. Speaking of earnings in joel we will speak with the brandnew ceo of tapestry, her first interview since taking the job that stock soaring after getting a beside on sales in china music mike tracking the broader markets, Steve Liesman, and meg tirrell has the latest on the covid emts troo and vaccines mike, talk to us about the comeback we are seeing. A respectable bounce. Coming into the day the market was stretched to the downside after the declines not just of yesterday but the past couple of weeks. We had lost 119 in the s p alone yesterday. We are regaining not quite half of that. 3,200ish is the level just about everybody is looking at. It isnd responding, but definitely not necessarily in a decisive way bond yields up today reall