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Of the United States. Its kind of our way, or the highway. Mississippi senator roger wicker on all of that very shortly, In The Meantime, to Mark Meredith on how this is all going down, fueled by not only the president stating that this is the only way to do it, republicans, at a jobs report which might have helped his argument. Mark . Reporter neil, good morning to you right that jobs report is having an impact on the discussions. President biden counting on house and Senate Democrats to pass his 1. 9 trillion Stimulus Package. Republicans want the president to reign in spending but the president made it clear yesterday that hes willing to do this on a Pa ....
Volatility in the markets today, it could had into it during the election next week. Speaker nancy pelosi had a conversation with treasury secretary Steve Mnuchin late this afternoon. Well have more on what we know about that conversation here as we bring in our reporters. Fox Business Team coverage. Blake burman at the white house for us. Today were starting with Ashley Webster on the market selloff. Ashley . Ashley what a day it has been, connell. All sorts of skittishness and fear on wall street. Fear of a second wave in covid as weir seeing in europe. Fear of the unknown when it comes to the election just eight days away. Fear congress will be unable to finally agree on a stimulus bill. You put it all into the hat. This is what you get as a result. The dow off 650 points at the close. But was way down more than that. 9 ....
New details on a possible Coronavirus Vaccine. Edward. Reporter connell that is what is propelling the markets today. We have positive news out of two vaccine makers. The first one pfizer. The ceo of pfizer says they will have enough Critical Data in october to be able to submit for approval should everything go as expected. He has said this before but this is a little different because it comes as astrazeneca saw a minor setback of trials in their vaccine. The pfizer ceo says he sees americans start being vaccinated before the end of 2020. The u. S. Government secured 100 million doses from pfizer this year with an option to get 500 million more next year. As of today, more than 29,000 people are in a phase three trial for pfizer. The fda hopes to have 30,000 volunteers and pfizer says it will be there next week on the way to 44,000 people. Of those, 24 in the study are ....
Green, firmly in the green especially for the nasdaq up almost 1 1 2 as we shake off some earlier concerns of a possible second coronavirus wave. Well talk a lot about that, as we have fox Business Team coverage of our top stories. Blake burman at the white house today. Hillary vaughn in washington. We start with edward lawrence. He has latest reporting on the covid19 case spikes. Edward . Reporter you know what, connell . This morning the spike in cases some other comments from a Federal Reserve president sort of set the market on that downward spiral but then it seemed to turn around. They shrugged it off when more people were saying that the economy would not shut down en masse. Here is white house advisor larry kudlow on that subject. We have no intention whatsoever of shutting down the economy, the costs of that would be much greater than the costs of, of, keeping it ope ....