Pfizers chairman admits that theyre not sure if someone can transmit the virus after vaccination. And call it a box office reset, warner bros. Will release films simultaneously in theaters and streaming platform hbo max it is a seismic change, carl, in the economics for those related to the film business and well certainly be willing to and happy to take a closer look and discuss it. Yeah. Fascinating change in the economics there. But, guys, jobs numbers, the story of the morning, jim, not just the number itself and the trend it outline, but the degree to which it is going to color the debate on capitol hill today and maybe next week. I think it is enough ammo to say, look, we have to do something, there is some areas of the economy that just are cannot be sustained. Dont forget, these numbers are ahead of what will be a gigantic eviction notice that more than maybe more than 13 Million People get in january. I think this number is just enough to be able to say, lets compromise it is
Michael oleary has to say about that and new numbers from the change Research Survey on the american electorate right now. It is tuesday, november 24th, and this issed Worldwide Exchange right here on cnbc god bless you please mrs. Robinson Heaven Holding a place for those who pray hey hey hey good morning, good afternoon or good evening and welcome from wherever in the world that you may be watching. Maybe i should say whenever in the world given the time zones im Brian Sullivan it is looking like another strong day for stocks. Futures are up big, do y dow fus up 275, nasdaq up 47 obviously the market has a lot of momentum and new money coming in behind it you have more vaccine you news, it will tend do that when you are talking about saving humanity and on top of the vaccine maker, watch shares muof regeneron, th government starting to distribute its antibody treatment to american hospitals today starting with more than 30,000 courses very good news as hospitalizations in many states
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. Today rush 1sia and other natio join the talks if no deal is made or they reduce the cut instead of extending the entire thing, oil prices and stocks could take a big hit, tha
Join fizer pfizer you can see were just about 20 points shy of the all time high on the dow a lot of news to unpack. We got the news from moderna showing the vaccine is more than 94 effective in preventing cases of covid19. We saw details in the study showing it prevented severe cases of covid19. So that a very strong result comes, of course, after the pfizer data last week showed that its vaccine was more than 90 effective. The first two out of gate showing incredibly strong efficacy questions do remain including these preventative cases of covid19 but do the vaccines sprent infection with the virus completely we dont yet know that we also dont know because this is a brand new virus and these are brand new vaccines how long this protection will last. So those are things that are going to come and be answered in the future looking at these data so what happens next well, both of the Companies Soon are going to file with the fda for emergency use authorization. The fda will then hold wh
Because we lost control of covid19 today went higher. The the s p gaining and nasdaq gaining 1. 02 . Hospitality and leisure. Has the market lost its mind no we are dealing with cross currents any time stocks get hammered, it seems to trigger visceral vaccine reaction good news bails out. On the one hand we know the cavalry is not coming. It is going to be in the form of at least one, pfizer vaccine, wont reach us until spring. In the meantime the virus is out of control we had 162,000 cases yesterday we are in a rough winter earnings from cisco, the networking type and Applied Materials and walt disney which needs no introduction. It is looking like well have a smooth transition from the Trump Administration to the Biden Administration thats a huge strange and even last week at this time, a notion of trump refusing to make plans to vacate the white house. I am sure you are sick of hearing it could the good earnings continue if you are worried of the virus and encouraged by the vaccine