Hey, melissa, these results were so much better, and if all went really well melissa, we have 90 of efficacy with this trial and this Covid Vaccine from pfizer. This is a 44,000participant trial. The way they measure efficacy is how many cases of covid they see in the trial they want to see more cases in the placebo arm than the vaccine arm, to show that the vaccine is protective thats what they saw to the opportunity of 90 efficacy. They said they saw no serious safety concerns, and they will proceed to the end of the twomonth safety followup window before they would seek emergency use authorization. That will happen next week after that we could see them proceeding for regulatory clearance. There are still questions remains. This was just topline data, and it looks to be safe, but theres still questions how does it prevent severe disease does it prevent infection completely or just manifestation of the disease with symptoms other questions are how long did the protection last . Weve
Welcome, as tyler set, stocks bouncing back from the work week in two years, the dow up, the action in the bond market yields on the benchmark tenyear coming back to fouryear highs, justened 3 . Perhaps thats spooking investors in consumerrelated stocks, some retailers are sees losses, it is, though, a full steam ahead. That stock is higher after raising the different. No whopper here. Burger kings parent bead the street courtney, welcome. The do you soaring, the s p 500 back above its average. Bob, what is going on here today . Actually its time for the point moves, look at the sectors here, the old growth sectors we used to talk about, reits are down, thats not surprising, but lets look at the markets. Breadth is good. 5 to 20 advancing to declining stocks, the volume, believe it or not, just average weve had enormous volume in the week and a half, volatility has been dropping today, a bits unusual. With the peak gains today, the three major averages have recovered nearly half of the
How to protect yourself. The action begins right now. Lets get to it. The nasdaq 100 posted its longest monthly winning streak since 2009. And the index hit high after high this week thanks in part to blowout earn gs from amazon and alphabet soaring to record highs. It aint over yet, next week the big kahunas, apple and facebook, facebook hitting an alltime high today, both stocks implying big moves with potential to spark a more than 40 billion shift in market cap next week. Should you continue to bet on big tech, and which is a better buy right now, apple or facebook . Lets get in the money. I think earnings we saw last night from amazon, from google, from microsoft, really shouldnt lead you to believe were going to have any massive surprises next week. The Way Investors are positioned, we knower that overweighting these things, theyre massive gamers, driving that massive outperformance in the nasdaq, the nasdaq is up 12. 5 versus the s p. I hate to be so because say about it. But i
Power lunch starts right now. All right. Hi everybody. I am brian sullivan. Happy monday. Heres what else is happening at this hour. Apple sending out invitations to an event it will hold on september 7th, a new iphone, new ipad, new tv . We got to wait to find out. Environmental groups in colorado failing to gather enough support to put two antifracking measures on their ballot this november. And stocks are sitting near session highs as we head deeper into the trading day. Right now the dow is up triple digits. Lets kick things off with bob pisani live on the floor of the New York Stock Exchange with more on what is moving your money on this monday. Bob. And, brian, we got a very broad rally. Lets take a look at the market internals. Whats broad 3to1 advancing to declining stocks been there most of the day. You want to complain the volume is light, its august, the volatility its subdued, 11 or 12 on the vix. But its been there for a while. I want to see some new breakouts on the new h
Potential is pool of employees who are often overlooked, men and women who have complete their prison terms, and are released, returning citizens. It is important to recognize that in the United States one in six people have a criminal record rather from a practical workforce perspective, a concern about recidivism or a morale perspective. If all of these people are excluded from a meaningful employment we are crippled as a society. The story is not ultimately about statistics, it is about individuals and their families, one of the returning citizens, that the project spoke with was marcus, he shared a story of what it was like for him to be released after 12 years in prison. They released me with a hundred dollars and that was it, and dropped me off at a bus county on the bus. So i had to spend 60 to get back to hamilton, when i got there, i had 40 in my pocket and basically no place to go. I didnt know anything about ohio, i didnt have any family here or know anyone here. I didnt kno