Trillions from washington, more printing by the fed, that is a shot in the arm for stocks. Look at this, the dow industrial is going up maybe 300 points plus at the opening bill. The s p up 33, nasdaq up close to 100 points. Investors are really shrugging off the new round of stay at home and lockdown orders. And restrictions, were new ones in new jersey, ohio and california. And, yes, another case of lawmaker hypocrisy. L. A. County supervisor sheila are cool voted to ban Outdoor Dining at restaurants and then promptly went out for an outdoor meal at her favorite restaurant in santa monica. Youd think theyd learn, wouldnt you . Weve got a big show for you. Were going to introuse you to monetary introduce you to monetary theory. You dont pay for anything. Youll meet the man who declared an autonomous zone around his bar. Now, that is defiance. And youll meet the california guy who is flipping burgers on the sidewalk because they shut his restaurant down. And today, yes, we have got a T
Impact of stayathome and lockdown orders. Will america accept drastic changes in the way this years holidays are celebrated . We are going to get into it. The situation has brought stimulus spending back into the spotlight. President trump has stepped away from the discussion, leaving leader mcconnell and speaker peloo w tkhing thi thi ou we believeveve the ty ayyti s dee tit t tirusirir andhehe sll a b highhigh. Lst ss acks ilnow 30 yestyeday,yeda wdal ounacaybe be 0 ts mog. In s s up. Aq isdor a f gai g gff maybe be. Plenpl of pl oreenensens fy mog. N lookow l at at is. Is n h sliocialiialili a a a sta d n. Nsocialist jisoe mancn. N. Thatictu reictuicpetuolumesol t ttp split spl spl among democrdeats. Ats. S. S. S. Sp the mtheayayf chicagohiitut aut ma shohognt a a a bullho while celebrating the Election Results. Risky behavior. But iloLori Lightfoot just cancd thanksgiving in her city. Okay to celebrate the election but not the all american thanksgiving. Its going to be a great show
You know, and the nasdaq, of course, moving ahead here. But right now the dow and the s p are the ones poised for a gain on the week. And we got that hand count underway right now in the peach state as Networks Finally do what fox has done and call that race in arizona, indeed, for joe biden. So that is not going down well with team trump. Well take a look at whats happening on the count, where he might place his bets right now in this increasingly unlikely bid to secure another four years of the white house. Lets go to Jackie Deangelis first i off on those spikes in cases right now that just get bigger and bigger and more worrisome literally by the day. Jackie. Reporter good afternoon to you, neil. Well, presumably, the president will be briefed on that. Its supposed to happen i any moment now regarding operation warp speed. But, of course, its a closed briefing, and many are questioning why joe biden, president elect, wont be involved. Thats a separate conversation that we could have
As timing who gets it and when, that is all still to be decided. There is a bit of a protocal for this. Well get into that with a prominent doctor as well. The left and right view on this battle, but first to blake burman on this latest news and this efficacy rate which was higher than both companies originally said, right . Reporter exactly, neil. We knew this Pfizer Vaccine candidate was effective. Pfizer though reiterating that today, in fact raising the effective rate on their covid19 vaccine candidate but just as important pfizer today also reported that they believe their vaccine candidate is safe which is why they say they are going to be applying for the eua. That is the emergency use authorization that the fda gives out. They will apply for that in the coming days. Here is what pfizer said earlier today as part of their news release they put out this morning. To date the Data Monitoring Committee for the study has not reported any serious safety concerns related to the vaccine
Another 8 today. Facebook, twitter ceos appearing on capitol hill. Mark zuckerberg and jack dorsey were on the hot seat over censorship concerns. Well have the highlights from their testimony in just a few moments. Im connell mcshane. Welcome, everybody, to after the bell. It us great to have you with us. Time now for the news happening at this hour. Fox Business Team coverage. We have blake burman today in washington, susan li and Jackie Deangelis both in new york an gerri willis coming up. She is watching the retail numbers. Blake, lets start with you, any update from washington on the stimulus talks with virus numbers continuing to spike . Potentially, connell, when you look especially down the road, december 11th. Why . Lawmakers need to come together to pass a spending bill so there is not a government shutdown. That is significant in its own right. Why is that also important . Because there is now starting to be some talk in washington about whether or not lawmakers could also ad