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And it is beginning to look a lot like a socially distant christmas as the rock center tree lights up and as we all mask up and get in line. It is thursday, december 3, this is Worldwide Exchange. Good morning, good afternoon or good evening and welcome from wherever in the world that you may be watching. Im Brian Sullivan thanks for joining us. Here is how your money and Global Markets are setting up their day. Futures not giving us a lot of clues. Were pretty much mixed. We had more gains for the s p 500 yesterday. Yes, another record. Your 28th of the year if you are counting at home the nasdaq 100 also hitting a new record today though, we also focus squarely on oil. Opec and its allies meeting today to try to hammer out a deal to extend production cuts through march. They could not get a deal done on monday. Tod ....
Ive told me a lot of well its good to have you with us covered 19 on the road to recovery thats the focus of a special session of the u. N. General assembly almost 100. 00 World Leaders are taking part in the 2 day summit coincides with the release of a u. N. Study that shows that more than 1000000000 people could be living in extreme poverty by 2030 due to the long term effects of the corona virus now the german chancellor Angela Merkel addressed the assembly via video link and she stressed the need for Global Cooperation to ensure equal access to vaccines around the world through 200. 00 need we must never forget the pandemic can only be truly beaten in the long 10 when everyone in the world has fat access to effective vaccines. Oh the coming the pandemic in the long term also means doing everything we can to a much ....
Soaring today. Meg tirrell with details. The bar was very high for moderna after pfizers efficacy last week. Mad earn moderna met the 94 percent efficacy and will seek the fda emergency authorization in the coming weeks. We just talked to the doctor who has been leading the vaccine and Drug Development as part of operation warp speed about the significance of this moment, really seeing two vaccines in a row at this high level of efficacy heres what he said. Its an extraordinary outcome, frankly, to have two different vaccines tested in different conditions by two Different Companies developed independently yield very similar outcomes this gives a huge confidence into the data obtained and really suggests that the 90 percent and more efficacy is true and real. But of course, melissa, as were getting this extremely good news it comes at a time in the pandemic when weve n ....