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
We will tell you what he is saying. The cdc says School Closings are a terrible way to fight rising covid cases was we have a doctor who agrees with him coming up, sounding off later in this hour. Lets look where stock prices are right now. We see the Dow Jones Industrial down 91 points, the s p down 9. 25 and the nasdaq down a tick as well. We will follow the progress on the market says they are due to open in 29 minutes and you will see the president today for the First Time Since saturday, he will be delivering remarks on lowering drug prices for all americans it to 30 p. M. Eastern time. You can watch that on foxbusiness. Joe biden is set to meet with nancy pelosi and Chuck Schumer today and we cant leave this out, Alexandria Ocasio Cortez is in order to get the virus under control we should close businesses and pay people to stay home. Forget about businesses going bankrupt, the government can take care of all your needs. Isnt that pure socialism and dont we all know how that stor
Uphold the cease fire between media and the United States has both sides to respect the latest truce and joining us now with all the days sports the Los Angeles Dodgers take game 5 of baseballs world series to move to one of best 1st championship since 1900. So they current are as cases are rising sharply across europe with several countries reporting record numbers of new infections on sunday france announced more than 50000. 00 new cases for the 1st time while its only in spain are also struggling with the 2nd wave but hopes for a vaccine growing the u. K. Health secretary says the government is preparing for a mass rolled around in the 1st half of next year in china the government is conducting more mass testing after a new outbreak in the shin jang region nearly 5000000 people are being screened there after the discovery of 137 new infections in the United States the trumpet ministration has been. Cuse of giving up the fight against covert 19 after white house chief of staff mark m
Authorization for Emergency Use. That means options when it comes to vaccinations. Thats good. At the same time, republican congresswoman Marjorie Taylor greene is holding her own News Conference one day after she was kicked off her Committee Assignments for supporting over years violent rhetoric, dangerous disinformation. We begin with the economic news. Christine romans, 49,000 or so new jobs. Yesterday we had nearly 800,000 new unemployment claims. Do the math for us there. Where does it stand in terms of all these lost jobs . Theres no historical precedent for this. You had 14. 8 Million People who told the government this month that they didnt have a job to go back to. The business they worked for was closed or was barely open but not allowed to give them hours. And a quarter of the people working say theyre working from home. The virus has completely changed what is usually a dynamic labor force. This 49,000 jobs created was mostly in professional business services, going back to
Starting with all of the days sports news. For his his 1st goal for barcelona since demanding to leave the club again. So that the Police Operation to get thousands of refugees off the streets and into a new tent camp has begun on the greek island of lesbos theyve had to shelter wherever they can since fire swept through europes largest refugee camp 9 days ago it had housed more than 12000 people thats nearly 5 times the number it was built for many of the homeless have been reluctant to move into the new camp fearing that they will be stuck there lets get the very latest we can cross to Stephanie Decker whos live there unless of course for us and steph so its time to go say the authorities they seem determined to ensure that this happens now more people moving. Yes i mean certainly if you look just behind us there youll see the moving in the line stretches all the way up the road which is the most that weve seen it since this calm was set up just a couple of days ago and this is becau