We do expect that to be done within a couple of weeks. Youre on the more prepared this is documents and submit them to the f. D. A. In the coming weeks. Mcgurn, a shares jumped 12 percent in premarket trading. This is a 2nd vaccine in the United States to have a stunningly high success rate. Last week, pfizer announced that early data shows its maxine is more than 90 percent effective. Meanwhile, the European Medicines Agency is Human Medicines Committee said its starting a rolling review of madonnas covert 1000. 00 vaccine. The regular is already reviewing vaccines from astra zeneca and pfizer, all in an effort to speed up the approval process. Now to a coronavirus update over the weekend, the us are past 11000000, new code 1000 cases. This comes only one week after hitting 10000000. Thats an average of about 150000 last week. Positive test rates and hospitalizations are up across the cut 3 forcing states to place even more restrictions on social gatherings and even travel. The u. S.
Reduce a lower thats undercutting, but whats good for the market is not good for the global economy. This is a boom bust the one business show you cant afford to miss something. I want to fail in washington coming up more positive news for a little bit about how to wall street trading about your record on monday will break down where investors are putting their money on the top to bottom out to trade deal and join this team Asian Pacific countries together with the Worlds Largest economy and lucked out, we have a lot to get. So lets just start a historic day for modernity. As preliminary results show its corona virus vaccine is more than 90 percent effective on monday madonnas early data showed 94. 00 efficacy for its acts. Seen data also showed the drug maker gave 15000 participants a placebo shot out of those 90 people got sick. On the other hand, another 15000 participants also received the vaccine or actually received the vaccine. Only 5 people got sick and thats where you get that
Good Tuesday Morning welcome to squawk alley. Im Carl Quintanilla with jon fortt. Its a mixed fwoog day retail earnings, amazon pharmacy, covid19 restrictions, fed speak. Were going to begin this morning on capitol hill as both Mark Zuckerberg and jack dorsey testify before Senate Judiciary on censorship, suppression, and, of course, the 2020 election our Julia Boorstin is monitoring this and can tell us what happened so far. Julia . Well, carl, senator Lindsey Graham focusing on what he sees as a need to revise section 230, thats the rule that protects social media platforms for legal liability for content. He says facebook and constituenter wetwitter were making editorial decisions and far more transparent standards are necessary. He called out the Mental Health risks associated with social media use. On the other side of the aisle, richard bloomenthal, he is calling for breakup of the platforms. Mark zuckerberg supports change to section 230 dorsey pointing out they need to walk a f
Vaccine. Only 5 people got sick and thats where you get that nearly 95 percent efficacy. Those 5 who developed covert 19, none of them had severe symptoms. But then as president , dr. Steven hogan hopes to submit documents for approval in just the coming weeks. We know that you have about 20000000. 00 doses of the vaccine by the end of this year on year. And were looking forward to making about 500000000. 00 to a 1000000000. 00 this next year. But given the rate at which we were in pieces, we do expect will have probably 150. 00 or under 51. 00 cases at the final analysis. We do expect that to be done within a couple of weeks youre in them will prepare those documents and submit them to the head. In the coming weeks, mcgurn, a shares jumped 12 percent in premarket trading. This is a 2nd vaccine in the United States to have a stunningly high success rate. Last week, pfizer announced that early data shows its a back scene is more than 90 percent effective. Meanwhile, the European Medicin
Steve from Rockefeller Center in the heart of new york city, its the tonight show starring jimmy fallon. Tonight join jimmy and his guests Michael Strahan, brene brown, musical guest patty smyth, and featuring the legendary roots crew and now here he is, jimmy fallon [ cheers and applause jimmy oh hi, everybody. Hello. Thank you, thank you, thank you so much. Welcome to the tonight show, everybody. We are here from studio 6a in new york city. [ cheers and applause thank you so much for watching thanks for being here. Lets get to the news and jokes. Well, guys, its been five days since the election was called, and President Trump still has no plans to concede. Pretty soon were going to need Vladimir Putin to stage an intervention [ laughter ] look, it actually isnt my birthday we were worried about you. [ light laughter ] yeah, we could be working on the pandemic or the economy, but instead we had to lure trump out of the white house like a cat burrowed under the couch. [ laughter ] tru