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Transcripts For CNBC Squawk Box 20240711

S p by 11, nasdaq up by about 42 there were a few areas of the market yesterday that continued to outperform including the small caps russell 2000 coming off an alltime intra day high. And then there is the khodow trs trading at a record high and right now it looks like the ten year is yielding just about 0. 8 the transports a lot of times, they are an early indicator of what is to come, but maybe more difficult to glean what is happening this time given the overall virus situation. Yeah, it is and it is really not things Like Airlines so much driving the transports actually fedex and u. P. S. Are arguably kind of stayathome plays and they are also big components of the transports so really just kind of gone sideways in the last day or so, not much of a pullback just yet. So well very to see how that develops and in this context especially with the White House Task force painting a bleak picture on the near term outlook. The most recent report warns that there is, quote, now aggressive

Transcripts For FBC Varney Company 20240711

Of the vaccine and the test helping stock prices. Dow jones up about a hundred points at the open, seven for the s p and eight for the nasdaq more retailers reporting this morning and target looks good work samestore sales up 20 , another measure of the strength of Consumer Spending, just like walmart, target stock up 2 at the moment. Look at this, bitcoin crossed 18000 per coin and has backed off to 17855, about a thousand dollars or shy of its alltime high 19640. I was a skeptic, maybe its Something Else i should have bought that didnt like apple, tesla, amazon, zoom and so many more. We do have a jampacked show. New york Governor Cuomo says President Trump had nothing to do with the Rapid Development of the vaccines. You will see him say it. Boeing gets max judd approval and is now ungrounded. How about this for thanksgiving, noticing, no shouting, kp the music down so you dont have to raise your voice and my off the alcohol. New restrictions for thanksgiving is growing. Varney co.

Transcripts For RT Boom Bust 20240711

And we lead the program with the latest development in the treatment of copa 19 in the u. S. Food and Drug Administration on monday authorized emergency use of eli lillys experiment mental antibody treatment. Thats balm let me be mocked the f. D. A. Said the emergency use authorization was given based on Clinical Trials showing the drug reduced the need for hospitalization or emergency room visits and high risk tobit 1000 patients now the regulator added that it can be used now for treating patients over the age of 12 with mild to moderate symptoms but cannot be used for patients who have been hospitalized due to cope at 19 lilly is hoping to supply as many as 1000000 doses of the treatment in the 4th quarter of this year now the u. S. Government previously made an agreement with the drug maker for the early supply of the medication on the news lately stock was up as much as 4 percent throughout the day. And following the news that pfizer bio and texaco but 1000 vaccine candidate showe

Transcripts For RT Boom Bust 20240711

Joe biden, to be president elect someone thats not words, final vote, determination. And we arent there yet once the election free and fair. And what is the possibility of the country election . And this is boom, bust of the one business show you cant afford to miss boring. Washington coming up. The developments in the field of cope with 900. 00 treatment continue to roll with the f. D. A. Has approved a major anybody treatment thats straight ahead plus markets are still on the move following positive vaccine news coming up, we analyzed the wave of stock stories and where this rally could lead, and later amazon is facing the hot seat in europe as the block has moved to open a new investigation into the ecommerce behemoth with a packed show today. So lets dive right in and we lead the program with the latest development in the treatment of copa 19 in the u. S. Food and Drug Administration on monday, authorized emergency use of eli lillys experiment, mental antibody treatment. Thats balm

Transcripts For RT Boom Bust 20240711

But 19 vaccine candidate showed an efficacy of 90 percent. The European Commission will sign a deal to secure up to 300000000 doses of the experimental drug. The president of the European Commission said they will authorize the deal on wednesday after quote, working tirelessly to secure doses of a potential vaccine. In the last few months. German health minister, yes. On tuesday had confirmed the block was ready to secure at least 200000000 doses of pfizers drug adding. They had also made deals with other drug makers. With bio in tech, as announced yesterday. You Commission President this vanderlei and we will be able to bring the negotiations to a conclusion very quickly. In any case, the mention of at least 200000000 doses for the European Union is secured. Now it just has to be finally secured in the contract. And meanwhile, biotechs head of strategy, Ryan Richardson was asked about profiting from the development a drug that receives funding from the German Government during a Finan

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