Tonight in both counties. This means nonessential illnesses and social gatherings with stop between the hours of 10 00 at night and 5 00 in the morning. Flock it is absolutely essential and it is important people live by the rules and if more people to, we would have a lot shorter time period, and significantly fewer death. Meriden county is the only bay area county still in the red tear. The second most restrictive tear although that could soon change. Moderna is now the Second Company to apply for emergency use use authorization from the fda for the coronavirus vaccine. As casey reports with cases and hospitalizations on the rise across the country, plans are being made to get the vaccines distributed as quickly as possible. Reporter the numbers are staggering. The u. S. Adding more than for million new covid cases in the month of november. Help could be just around the corner corner with moderna announcing the have applied for emergency use use authorization from the fda for their v
Proposal we could see volatility on the wu witching day options is tote expire 59 minutes left of the session were down 1. 2 on the s p 500 coming up on todays show, well discuss the massive week for the ipo market including debuts of snowflake and Unity Software with Stacey Cunningham. And Jeremy Siegel will weigh in on another volatile week third day in a row down for the s p 500. Six week lows here what he makes of the selloff lets get straight to the big stories were watching though in this final hour of trade mike santoli tracking the Market Action Steve Liesman with fresh comments and joining us to talk about the latest on tiktok and wechat and what means for tech, Big Technology mike, start us off here with a selloff in the broader market. Weve been spending a lot of time at the lower end of this recent range maybe a little too much time down there for the comfort of the bulls. This is a relatively routine pullback for now 3300 or. So we hit that a few times you go back a week w
Of life. Billionaire investor bill ackman. Former House Speaker paul ryan to billy been. We even saw his fairness himself. Michael jordan investing in draftkings. Draft kings own ceo, you cannot deny they are so popular right now. Joe that is very true. The big question is and we will be talking about this more is this Blank Check Companies, thats the kind of thing you think about market forth, speculative mania. Me ending my money over to someone else and saying do something great with it. Great new way of financing that is superior to the ipo. You cannot deny how much has grown. Spac volume up 174 this year. Is up 13 . Secondary is down 7 . From a relative growth and financing vehicle, spacs are where its out. Romaine you also have to talk about relative performance. You have to take a look at what some of the spacs have performed. It has been a mixed bag. You have had some that have outperformed the s p 500. You can see churchill capital, that is the comparison with the s p 500, the
To sell the biggest composer. I cant even begin to imagine a world class one Player Center willers on a musical journey of discovery. 2 with the hope that mr september 16th. In the midst of a con demi queen my twit knows the worlds biggest i. P. O. Shares in chinese ecommerce giant alibaba jumped to a new record this morning a day after the groups financial on filed for a joint listing in shanghai and hong kong. Coming up new laws aimed at improving the lives of europes Truck Drivers could backfire we tell you why. Hello and welcome to do business i want to get Johnson Beilin good to have you with us and. Were starting with what could be the worlds biggest i. P. O. This year and to group has filed for a jewel listing in shanghai and hong kong and group of course is the Financial Technology arm of chinese ecommerce giant Alibaba Group back in 28 years it was valued at 150000000000. 00 in a private fundraising round making it the most valuable unicorn in the world but now its aiming for
The coronavirus marches on with u. S. Remaining in focus. Aussie prepares to meet with melbourne again under lockdown. The Health Care Sector sees his biggest deal this year. Siemens will pay more than 16 24 premium from fridays close. Shery lets get you a check of how markets are trading. We are seeing u. S. Futures addingng gains up. 1 , to that rally we saw on friday. Have seen the s p 500 rising for the fourth consecutive month. More positive sentiment over potential virus relief packages being released in the u. S. Not to mention the surge in tech shares. We had the nasdaq composite outperforming with Solid Earnings from tech giants. Apple, now the worlds most company valuable overtaking saudi aramco after posting other than expected results. Posting betterthanexpected results. See negativeo economic numbers out of the u. S. With secondquarter gdp seeing its sharpest contraction on record. Rating switching from negative to stable. Oil was under a little bit of pressure because of