Is the security of america at risk . And covid continues to peek across the country, once again shutting new york city Public Schools down. With vaccines on the way but still not quite ready, we speak to 23andme ceo Anne Wojcicki. Could their research on genes and covid give us more clues on how to fight it faster . Dropping asstocks fresh resections put in place to limit the spread of covid19 overshadowed positive news. About vaccine develop at Abigail Doolittle has more. Generally the markets were quieter today, but then it fell off late in the day. Abigail truly a sleeper for much of the day. Cyclical rotation trying to take over. As new york city headlines crossed on top of the mta news around the subway. Earlier today, two negative headlines. Of course the second one being that schools are shutting tomorrow until at least after thanksgiving on the 3 seven day rolling Positivity Rate here in new york city, at least according to the mayors office. Looks like the governor may have ha
And covid continues to peak across the country, once again shutting new york city Public Schools down. With vaccines on the way but still not quite ready, we speak to 23andme ceo Anne Wojcicki. Could their research on genes and covid give us more clues on how to fight it faster . All of those stories in a moment, but first, u. S. Stocks dropping as fresh resections put in place to limit the spread of covid19 overshadowed positive news about Vaccine Development. Our Abigail Doolittle has more. Abigail, generally the markets were quieter today, but then it fell off late in the day. Abigail yeah, truly a sleeper for much of the day. Very small, fluctuating moves. Cyclical rotation trying to take over. Then new york city headlines crossed on top of the mta news around the subway. Earlier today, you had these two negative headlines. Of course the second one being that schools are shutting tomorrow until at least after thanksgiving on the 3 , sevenday rolling Positivity Rate here in new york
And the markets already have a little bit of a hangover, seeing double vision the day after celebrating the dows historic leap to 30,000. The dow and the s p are down. Dow is down about 193. The s p lower by 7. But the nasdaq is sprinting to a record high. Will we see a record high close for it . We will be watching that and much more in this final hour of trade. Los angeles is exactly ten hours away from officially shutting down all Outdoor Dining for three weeks to try and get ahold of the superspreading of the coronavirus. Now we are getting word that the Companies Ready to move record numbers of your online holiday packages may have to shove those aside temporarily in order to deliver lifesaving covid19 vaccines when they are ready. But thats great news for iheart media whose live concerts precovid attracted hundreds of thousands the arenas around the nation. The stock has nearly tripled from its lockdown lows. The ceo bob pittman is here with the radio giants new secret weapon as
Another day of dragged on stimulus talks, john. Intel not a small factor in the trade. When i think of volatile tech stocks, i tend not to think about intel. Look that two year chart ups and downs. Its like an obstacle course, a tough mudder or something. Last quarter, it was about the supply side and intels manufacturing. This quarter the surprise was more around demand and the extent to which enterprise and government just isnt buying in the data center. Cloud picking up the slack that has an impact on margins. Of course, we have the pc stuff going on which is largely a tail wind they havent for a long time but theyre not buying them in the enterprise as we would expect people are not in the workplace. People are adjusting the way they work. That does have an impact on intel. A lot of balls in the air here this volatility predated, bob swan particularly on that manufacturing side but now hes got all of these other things to deal with as well investors looking for clarity around what
Founder of another vaccine inovio. Meantime, jay powell reiterating that the fed plans to use all the weapons in its arsenal to help probably u. S. Economy in the coronavirus pandemic. To give us a breakdown, i want to bring in markets reporter taylor riggs, who has been following all the action. Tech returning as the leader today despite the overall drop. Taylor just before the last two hours of trading, most equities were in the green. The nasdaq sort of leading those gains. Getting back to that leadership that has been missing. Of trading,w hours the moderna vaccine, that the study may be did not produce enough clinical data. Words, thelot of underlying data that you wanted. Tech did resume today, providing some defensiveness. The fangs coming out and being the only major indices in the green. Thet of a shift relative to previous days. Amazon set a high bar in terms of earnings results. Taylor this has been the bull and the bear case. People were wondering, could a company like walm