He is expected as a virus numbers continue to spike around the nation to give an update on operation warp speed and talk about new developments in the race for covid19 vaccine. At the close you look at the numbers, the vaccine helps as well with upbeat corporate profit a rally not far away from a record high, it was flirting with the record, needed to be 470 but lost a little steam in the final minutes of trading, a strong day, the s p that is a recordsetting, closing up by 48point, as it settled in what appears to be the 23rd record close of the year for the s p 500 and we want to monitor the smallcap stocks today and the russell 2000, the russell closing in record territory what is significant for the smaller stocks, the first time in more than two years we have seen a wrestled record, the s p up in the second straight week, adding more than a thousand points. We canoes and big tech brought the nasdaq into the red, those are your numbers as we come to you on a friday, im connell mcsh
This is boom, bust one business show you cant afford to miss friendship or in washington. Coming up, the g. D. P. Of the United Kingdom has taken a major hit to cope with 1010 demick, leading to a flurry of borrowing not seen since. Or in times of peace. Plus, could the European Union be rolling out a Coronavirus Vaccine before 2021 . Straight ahead when to break down the potential for the move and where we stand amid the outbreak. And the later we do a deep dive into the state of the chinese fight against poverty. In fact, shown today, lets dive right in. And we need the program with the latest in the economic toll brought on by the kobe 1000 pandemic. The british economy is expected to contract by 11. 3 percent in 2020, according to the u. K. s office for budget responsibility. Now the o. B. Are also update its forecast for the next few years, predicting growth of 5. 5 percent in 2021 and 6. 6 percent in 2022. G. D. P. In the nation will not return to preclude, a virus levels until t
Youd have to get pulled over by the police in order for your data you dont have to get pulled over by the police in order for your data to be put into the system. Announcer sunday night at 8 00 eastern on cspans q a. Announcer in his first public remarks in a week, President Trump announced the development and distribution of the coronavirus vaccine. Part of his administrations efforts called operation warp speed. Pfizer announced its trials appear to be more than 90 effective and will apply for emergencies authorization from the fda emergency use authorization from the fda. Pres. Trump thank you very much. Thank you. Its beautiful out here this time of year. In the past nine months, my administration has initiated the single greatest mobilization in u. S. History pioneering, developing, and manufacturing therapies and vaccines in record time. Numbers like nobody has seen before. No medical breakthrough of this scope and magnitude has ever been achieved this rapidly, this quickly. And
Of the United Kingdom has taken a major hit to cope with 1010 demick, leading to a flurry of borrowing not seen since. Or in times of peace, could the European Union be rolling out a Coronavirus Vaccine before 2021 . Straight ahead when to break down the potential for the move and where we stand amid the outbreak. And the later we do a deep dive into the state of the chinese fight against poverty. In fact, shown today, lets dive right in. And we need the program with the latest in the economic toll brought on by the kobe 1000 pandemic. The british economy is expected to contract by 11. 3 percent in 2020, according to the u. K. s office for budget responsibility. Now the o. B. Are also update its forecast for the next few years, predicting growth of 5. 5 percent in 2021 and 6. 6 percent in 2022. G. D. P. In the nation will not return to pretty coronavirus levels until the 4th quarter of, 2022. Now, according to the o. B. , our borrowing is set to reach 526000000000. 00 or roughly 19 per
Soon apply for emergency use operation from the fda. Pres. Trump thank you very much. Thank you. Its beautiful out here this time of year. In the past nine months, my administration has initiated the single greatest mobilization in u. S. History pioneering, developing, and manufacturing therapies and vaccines in record time. Numbers like nobody has seen before. No medical breakthrough of this scope and magnitude has ever been achieved this rapidly, this quickly. And we are very proud of it, and i had tremendous help from the military generals, admirals, and many of the great people at the white house. Operation warp speed is unequaled and unrivaled anywhere in the world, and leaders of other countries have called me to congratulate us on what we have been able to do, and we have helped many countries with their ventilators and all of the problems they were having. And i would like to congratulate everyone involved in this effort. It has been an incredible effort. As a result of operati