Begin with some working news. Lisa Moderna Vaccine information has come out. Rate is what we saw, i higher efficacy rate then pfizer. Last week, people were talking about pfizer and how it had to be kept at ultracold to birchers until a couple of days before it was distributed ultracold temperatures until a couple of days before it was distributed. This one has a 30 day shelf life at standard refrigeration. This is very promising, and we are seeing a reaction in markets. Jonathan they are the headlines. Lets plug them into the financial markets. There is the pop on what irna. Equity futures in the United States, on the s p 500 come on the nasdaq, and on the russell as well. Futures, up russell by a little more than 2 . A record high at the close on friday in the russell, and we advance once again. I want to check in on the bond market. Yields higher, curve steeper. Switch of the board. Bonds lower, yields higher, up three basis points on tens. On 30s, we advance three basis points. In
As timing who gets it and when, that is all still to be decided. There is a bit of a protocal for this. Well get into that with a prominent doctor as well. The left and right view on this battle, but first to blake burman on this latest news and this efficacy rate which was higher than both companies originally said, right . Reporter exactly, neil. We knew this Pfizer Vaccine candidate was effective. Pfizer though reiterating that today, in fact raising the effective rate on their covid19 vaccine candidate but just as important pfizer today also reported that they believe their vaccine candidate is safe which is why they say they are going to be applying for the eua. That is the emergency use authorization that the fda gives out. They will apply for that in the coming days. Here is what pfizer said earlier today as part of their news release they put out this morning. To date the Data Monitoring Committee for the study has not reported any serious safety concerns related to the vaccine
Senator ted cruz will join us on why he thinks there should be more backlash for tech power lunch starts right now welcome to power lunch. Im dominic chu. Real estate, financials in the green as well. Technology stocks, though, the worst performing sector in the s p 500. On the dow youve got walgreens, the best performer after its Earnings Report this morning the company expecting 2021 Profit Growth despite the pandemic worst performer, it is vertech pharmaceutical kelly, ill send things back over to you. Thank you very much stocks well off their worst levels of the day. No stimulus, jobless claims higher so are covid cases earnings may be the only hope. To bob pisani for more on that bob. And, kelly, were near the highs for the day but there are reopening worries out there if you look at the markets you can see thats all the travel stocks are weak again so the airlines, expedia, weak, even work from home stuff like ebay, salesforce, same thing mastercard and visa and American Express
The mobility of the future its good to have you with us well theyre among the most popular Passenger Vehicles of the present s. U. V. S what began as a bare bones military vehicle the Sport Utility vehicle or s. U. V. Is now one of the most popular set of wheels on the road todays versions may be better engineer than their predecessors but they are still expensive large and not very economical and critics say they clog up traffic and pollute the air they are a huge earner for the Automobile Industry just why are s. U. V. So popular what is it that fascinates so many drivers my colleague paul to row a column on when to take a look. Faster. Bigger. All of the worlds people are crazy about s. U. V. S. Being used as a status signifiers. Just the greatest feeling driving around in the flesh beast are the problems that they cause. And now youre. Trying to. So lets get into gear and check whats behind the hype why is the world so obsessed with s. U. V. S. 40 percent of all Passenger Vehicles
Matter to you. Really what ever is. It. Made for minds. Coronavirus doesnt discriminate that was a common refrain at the beginning of the pandemic. But people and systems do in the u. S. The virus is magnifying existing social ills and inequalities statistics show that black americans are more likely to die from the virus than whites. Worldwide it is america 1st in total cases and dads experts point to the countrys lack of pandemic preparation and the Political Division over prevention measures. With case numbers gradually falling once again can the u. S. Ward off another spike of infections and jets that fall disproportionately on its most vulnerable. Hello and welcome to georgia covert 1900. S. One foot in one foot out depending on the very weak u. S. President Donald Trumps response to even his very belief in the Novel Coronavirus seems the change of the pandemic may remain an inconvenience for the president but for Many Americans its a harrowing saga. Around 40000 americans are sti