Moderna Coronavirus Vaccine trial. Youre said youre kouscautiousy optimistic tell us about your reflection on that data. There are various landmarks along the trial that could actually derail it at any given time the first that we saw was we went into a phase one trial very quickly, really with record speed. We did it with three doses and the first thing you look at is it safe . Clearly it was is it inducing the kind of response you would predict would be protected when the company and our investigators looked at the data in the first two doses of the phase one study in normal volunteers we found something that was really quite encouraging in that the immu y immunizations induces antibodies if this were the virus here and you had an antibody that bound to one part, it would bind like maybe to this part here which is not neutralizing because the business end of the virus is here the antibodies that were induced were ones that block the component of the virus that binds to your cells. Th
Gilead sciences, as you heard from maria, positive news from a government trial of their remdesivir and also from two of their own trials. Positive news on a treatment. That sent futures straight up earlier this morning and look at the stock, also straight up, 6. 8 . Thats the effect of this effective trial of remdesivir. Up go futures, up goes gilead stock. More on this in a moment. A second reason for the dows gains, investors expect a strong recovery for the economy starting in the summer. The market always looks to future conditions. Theres a third reason. The Federal Reserve is likely to say today they will do whatever it takes to stabilize your money. Wall streets expecting more stimulus. The dow will be up close to 550 points at the opening bell, close to 2 . The s p up 2 . The nasdaq solid indeed, up over 2 . We had boeings numbers out this morning. Continuing problems, but its cutting 10 of its work force and investors like that. The stock is up nearly 6 . Okay. More on all th
Goodbye. The minsk automobile plant is the flagship of Mechanical Engineering not only on the territory of belarus, it is necessary on the territory of most of the postsoviet space, working in peace and creation. We can create excellent Auto Technology to achieve the results that we have achieved today for me, my profession is everything. I i spend most of my time here. All my life was connected with the minsk automobile plant. Even as a child. I lived in the zavodskoy district, so those people with whom i talked in childhood, they worked at the minsk automobile plant, so i further tied my fate with the minsk automobile plant, but i liked the part of the Polytechnic University more to create this technique, which produces our car factory, and so i decided to become a designer. Years ago and came to the minsk automobile plant for 22 years minsk automobile plant. He mastered the production of buses, trolleybuses , the production of mediumtonnage cars and lightduty cars was added. The pla
Euphoria right after President Trump was elected, right here on this show. Hell be here. First, well start with bonds. U. S. Bonds the tenyear yield crossing a key level now well above 2. 5 . Rates have been rangebound for most of the past five years. Its the one variable markets havent had to face yet. Is a bond bloodbath ahead and if so, can stocks and rates rally again . I dont think we see a bond bloodbath. Weve been in this range for the last four or five years. Clearly low yields have been great for the stock market over the last seven or eight years. There will be some that argue if rates went higher, that would be good because it implies economies are getting better, Global Growth is doing well, stocks should do well, indeed. I would say this if rates rise, the u. S. Dollar should rise. A rising u. S. Dollar could potentially be a headwind instead of the tailwind weve had with a weaker dollar so you can make many arguments this is the one thing i would say. You cant have it bot
Back to gadgets . We will be live this hour. Betty a jampacked day today. You cannot get the bond kings to not talk today. This is noting that the 10 year, seemseasury bull market to become to an end and the bear market is starting with a yield and hitting 2. 5 and then you have jeffrey, coming out of the later, also in his outlook and webcast when he talks about bill gross saying that this might be a little early but with these yields rising, it is going to hurt u. S. Equities, he noted that everything about two point 63 is going to start hurting equities and that is why he sees the negative return in 2018. Heard that from a lot of the analysts we have heard talk to. But perhaps he jumped the gun when it comes to calling and confirming the end of that bowl, on the market. Bullbond market. It is going to be very interesting when it comes to the face income and currency. Lets see who is right we did see another day of record in tear, the s p , igher and as you can see all that is having