Investors are shrugging that off as stocks look to rally at the open. One name that may not rally is zoom. Shares of zoom are sinking yeah, in the premarket, work from home stock taking a hit from a rising free user base and increasing cloud costs and we have vaccine optimism, moderna and pfizer filing for emergency use and Vice President pence says vaccine rollout expected to begin in two weeks carl all right jim, i guess the question of the morning is whether that rotation, that worked historically well in the month of november, still applies. I think were running out of gas in terms of the oil and gas and focusing on exxon. Stock may not go down, giving the dividend, it says, look, were at wits end and the big Exploration Development period for exxon, market leader, u. S. Leader, is i think now over. We are following were following europe and japan and i think that we forget that you come in today, and you look for all sorts of reasons why were up and up strongly except we dont look
Welcome to hardtalk. Im stephen sackur. Kahn won power in pakistan two years ago with a promise to root out corruption and take on the countries vested interest. So hows it going . Well, rising food prices and the covid pandemic have left many pakistanis feeling worse off. While the Anti Corruption drive has become a political battleground. My guest today ishaq dar was pakistans Finance Minister a former Prime Minister nawaz sharif now both of those men are trying to rally opposition to imran khan. But how much credibility do they have . Ishaq dar, welcome to hardtalk. Thank you for having me. Let us begin with your personal status, your legal status. You are a wanted man in pakistan. Are you here in london to escape the judicial process . Not really, i think you must be aware of the pakistan history. When our in pakistan over 73 years the rhetoric has been used over the last two dictatorships and the current one isnt different. Because this regime is known to be under the martial law.
Down days for the markets. Right now s p down by about 11, dow by 96, nasdaq off by about 47 we were so close to you dow 30,000 earlier in the week, but that seems to be slipping away a little bit 29,400 and change is where the dow is right now and again, down two days in a row, down again this morning and after yesterdays declines, all three of the major averages are in negative territory for the week a lot of things happening with covid and well talk more about that in a moment, but some of those concerns creeping back into what you see in the markets. If you are looking at the treasury market, the yield on the ten year right now is sitting just at about 0. 852 and the vix also spiking yesterday, probably a little bit on concerns about what happens as we go back into some of the lockdowns. The seesaw of good and bad news on covid. And well give you a bit of good news that happened overnight in the vaccine wars developed by the university of oxford and astrazeneca found to be safe. An
Schools in wales could re open to all pupils after half term though the nationwide lockdown will continue. Thousands of volunteers helping the nhs with the Vaccine Roll Out will be prioritised for a jab. And no glastonbury for us, but in new Zealand Music lovers can gather for concerts. We hear from what could be the biggest live act in the world at the moment. Coming up in the sport on bbc news, a worry for tottenham and england after a double injury for harry kane. He only lasted half the match in their defeat to liverpool. Good afternoon and welcome to the bbc news at one. A new Coronavirus Vaccine has been shown to be more than 89 effective in trials, and is the first that has proven to be effective against the new variant identified as circulating widely in the uk. The novavax jab is made by an american company, and it still has to be approved by medicines regulators, but the government has already ordered 60 million doses, much of the manufacturing is being done in Stockton On Te