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moderna is next fda staff endorsing emergenc use of its covid vaccine and a critical step toward approval as early as this week and apple s production boost reportedly aiming to make 96 million iphones for the first half of 2021 that would be a nearly 30% jump over production from one year ago, carl. yeah. we ll talk about what nikkei said today, david. as for moderna, briefing docs are interesting again. some of the charts looking at efficacy, placebo versus the drug itself suggests that you start to see efficacy as in pfizer after the first dose. yeah, this is fabulous. i think people have to start recognizing that there is going to be a lot of vaccine there is going to be moderna, j&j, abbott has news now about testing. but there is possibility that these companies will produce en masse a huge number of vaccines. don t underestimate these companies. they were all understanding that this could happen. and they have a lot of firepower to be able to do a lot of ....
youtube segment. the coronavirus remains front and center the u.s. reporting more than 90,000 cases in a single day for the first time ever. 59 minutes to go in this session, the week, and the month. we are down 3% on the nasdaq today. ahead on today s show we will speak we ll break down all of these moves and speak with dan niles and see if he is buying any of the tech nims names on the dip. let s get first to the market. mike santoli is tracking the action for us. what stands out? just in the last hour or so, the s&p 500 did go back down and test this level everybody has been watching. we have been pointing it out all week basically the september lows, 3,230 and change we did hit it on the nose. it was a little bit of a tag and then bounced off that. that s what a test looks like. you don t pass every test. keep that in mine. it is also the june highs. also the break even level for the year so there are understandable reasons why people are clustered in this are ....
and welcome to power lunch, i m dominic chu. stocks under pressure, but off their worst levels of the day, the dow is down almost 225 points at one point, the s&p 500 and nasdaq trying to carve out gains as well. united technologies the biggest drag on the dow today, the industrial giant down around 6% after saying it s going to split into three separate companies. commodities getting whacked on fears about the looming trade war. copper hitting its lowest level in almost two weeks. steel stocks getting slammed as well the etf that tracks them hitting a new 52-week low and on pace for its third straight down day. all of these metro and declines as well. tyler. tyler mathisen here welcome, everybody we begin in d.c. today as the president stokes fresh fears that there won t be a trade deal with china, not this weekend, maybe not anytime soon and ylan mui is at the white house. reporter: we are waiting for the white house to brief us on the president s plan for the ....
attack on free speech. free britney! the free britney movement one step closer to getting their wish britney spears conservatorship battle back in front of a judge today. the ruling and what was said in court. the afghanistan hearings more testimony about what went wrong, plus the mayor of kabul joins us to talk the state of his city under taliban rule. all of a sudden we are where we were 20 years ago a teenage surfer saves three lives. reports of mass animal extinctions. and macy s heads to court to keep amazon at bay announcer: live from cnbc, the facts, the truth, the news with shepard smith. good evening president biden s agenda is in peril tonight. he is scrambling to save it on this eve of a make-or-break vote tomorrow the house is set to decide on a bipartisan $1 trillion infrastructure bill infighting among democrats is threatening to tank it progressives say they will not vote yes unless they re also guaranteed to get a massive $3.5 trillion ....
to report the earnings come out after the bell, where corona commentary be the main thing on investor s minds power lunch starts now and welcome to power lunch. i m kelly evans and yes, it s green across the screen today. dow having its best day since june we re back in positive territory for 2020 the nasdaq back in a record high take a look at some of those tech heavy weights hitting record highs today microsoft, mastercard, adobe, sales force. all up in that record territory. for more now on the rally and today s market bounceback including what is driving stocks higher, let s go to bob at the new york stock exchange. and it s looking a lot like mid january, kelly we were what, 30, 33.20 in the middle of january. just a couple of days before coronavirus. look at this, we re almost back there. 17 points from where we were just prior to the outbreaks and we ve got decent earnings numbers. a part of it not a will tlot of tremendous disappointment did talk about a ....