And she called on germans to reduce social contacts to an absolute minimum theres been another breakthrough in the race for a vaccine against 19 u. S. Biotech firm says its vaccine is nearly 95 percent effective and has been tested in a late stage trial involving 30000 volunteers, but are not expected to have enough safety data for u. S. Regulators to approve and roll out the vaccine this year. The European Union is facing a fresh political crisis after poland and hungary blocked the blocks new long term budget and coronavirus rescue package. That you countries objected to a new mechanism that would tie funding to respect for the rule of law. This is just up your news from berlin, follow us on twitter and instagram at state of the news, or visit our website, get of your dot com. In the span of just one week 2, promising Coronavirus Vaccines. The 1st trials show both work very well and preventing covert 19 without serious side effects and theyll arrive not a moment too soon. In europe p
Tiktok positive covid19 treatment news eli lilly starting phase three of an antibody drug. Well get into that and we have better than expected manufacturing data which along with better than feared earnings is helping lift sentiment. Were on record close watch for the nasdaq 59 minutes left trade. We certainly are. Its up 1. 6 lots to come on todays show well discuss the fast moving developments in the talk between microsoft and tiktok and what a mean would mean for other social media stocks with chris kelly. The plus, big Testing Companies like quest and lab corps warn of back logs and delays, well talk to Gravity Diagnostics ceo we have big Earnings Reports coming your way. Virgin galactic, taketwo and chegg and more well bring you the numbers as they cross and analysis as well. Lets focus in on the big stories. Mike santoli tracking todays market action. Mike, lets start with you. Not far off session highs really not that far all time highs. About 3 below that right now. And weve ki
It is april 24, 2020, this is Worldwide Exchange on cnbc good morning. Welcome wherever you may be watching i am brian sullivan. I think i speak for everybody when i say tgif. It has been a rough and wild week indicating we may not get another break today. Lower now off about 100 points the index lower on the week with the dow, s p losing between 2 and 3 that looks now to continue those losses today crude oil is down 30 since monday prices are lower now if we extend physical guidelines to summer, that could keep gasoline and jet fuels low. One of the biggest World Storage producers will give us the story. That has certainly been a market mover. In asia, plenty of red across the board. Japan down nearly 1 shanghai and kospi also down more than 1 to close out their week stocks in asia declining largely on report of doubts from treatment from Gilead Sciences to the trade in europe, early following the foot steps of asia markets there are sharply lower with major indices all down 1 or more
A long political stalemate in israel the Prime Minister signs a deal to form a unity government with the former opponent. We stand with you and we grieve if you. Canadas Prime Minister pays tribute to those who died in the countrys worst mass shooting as the death toll rises to 18. The World Health Organization is warning countries against loosening coronavirus long down restrictions that as governments in europe begin easing social isolation measures germany has reopened some shops and schools Nursery Schools in norway are also reopening to the Czech Republic denmark poland also lifting the shutters on some businesses but European Union Health Experts are warning the battle is fast. Over with infections nearing 1000000. 00 well india has partially lifted its lockdown allowing agriculture manufacturing and construction to resume that says the country reported its highest single day increase in new infections well Health Organization is caution countries the easing of what downs worldwi
Forces moral to the tripoli government make advance. So the pressure is mounting on us governance chewies rules over coronavirus with protests encouraged by President Trump held in multiple states for the 3rd day in a row hundreds of conservative americans ignored advice on social distancing to join rallies demanding an end to the lockdown donald trump says that some states will begin easing restrictions in the coming days. Texas and vermont will allow certain businesses to open on monday while still requiring appropriate social distancing precautions and i can tell you the governor of texas greg abbott he knows what hes doing hes a great governor knows exactly what hes doing. Montana will begin lifting restrictions on friday ohio north dakota night who have advised nonessential businesses to prepare for a phased opening starting may 1st well some states have already started easy shutdown rules including creating florida many flocked to beaches in jacksonville as they reopen on friday