Good morning welcome to squawk box. Im becky quick along with yoe kernen and mike santoli. Andrew is off today. Well start things off with the stock futures after some positive vaccine news drove the dow and s p 500 to record highs. Dow giving back some of that ground, down by about 100 point, but remember how far they have marched for the last three weeks. S p is indicated down by about 14 points and then the nasdaq is indicated up by about 12 points. We do have some breaking news from amazon and better that coocoo Bertha Coombs ohas that story they are launching a full Online Pharmacy building on its acquisition of pill pack the new pharmacy is innetwork with major insurers and medicare and patients can pay for their prescription copays with funds from their Health Savings accounts just like they were at any pharmacy and they can confer with pharmacists online or over the phone about their prescriptions. Prime members get free two day shipping, patients who needs meds right away with
And more promising news in the fight against covert nineteens, the drug maker, astra zeneca says the vaccine its developed with Oxford University is up to 90 percent effective. And that its cheap to make it easy to store and publish only us welcome to the program. Chinas space agency launched its Ambitious Mission to the moon to bring rock samples back to earth. Chang, who 5, named for a chinese goddess of the moon, took off successfully from the space center on chinas Southern Island. Its the, 1st mission by any nation to retrieve lunar samples. Since 2970 s. , the probe is expected to bring back 2 kilos of rocks and soil to help scientists learn more about earths nearest neighbor, including how it was for arms. And the mission also showcases the advances that china has made in Space Exploration technology. This spacecraft has towered above the Southern Island province of hina and 5 days a symbol of chinas technological prowess. And its military might a source of pride for many chines
Workers of an annual cost of a billion dollars and thats why the stock is down. Down 1. 6 . Tesla, the stock thats going straight up and it has nothing to do with the virus. Tesla, 500 index meaning a lot of Money Managers have to buy the stock so up it goes and by the way the gain of 53 13 makes elon musk the third richest person in the world. Overall, the market is in a mild selloff mode. Dow jones closing and 29950. Its retreating a bit. S p down about 25, nasdaq a slight gain. A big tech is doing okay. We are in creeping lockdown mode and thats the problem for the markets as many states and cities imposing new restrictions as virus cases arise. Wear a mask in north dakota, utah. No Indoor Dining in california, michigan and in philadelphia, no indoor football watching parties. My opinion, thanksgiving next week, confrontation is coming. Who will enforce limits on your thanksgiving celebration . Where does president elect joe biden the stand, lockdown joe, where does he stand . Hes n
Morning a lot colder than yesterday was. Heres your change over the past 24 hours nevado down 20 degrees from the same time yesterday napa down 16 degrees in santa rosa, a full 17 degrees cooler than where we were yesterday so its time for those winter jackets go ahead layer up and feel cozy as you are getting up to the roads to make your way into work. Your car, i know some people i do have leave, but i was just thinking, im jealous of all the people with the heated seats and a heated steering wells must be nice. Yeah, im not on that level must be a knife on mornings like this take a little extra time to warm up that car folks since its so cold out there were looking at the trip into San Francisco. So you need extra time to warm up the car you need extra time to sit in this line which killed all the way back be on west grand but. We like quiet and its been very quiet here in the bay bridge throughout the morning so no issues just a lot of crowding with folks heading back to work they
One is the public purpose of business but i also want to shift the mindset of the Business Executives what they believe to be true and designed the businesses to achieve both of these are in pursuit of Better Business outcomes and rogers brandnew just released today book, thank you for being part of this. His new release is in this domain called when more is not better overcoming americas obsession with economic efficiency. Both alan and roger are known to many of you. Martin is professor and dean of the school of management at the university of toronto where he started the force behind the prosperity institute. The author of any number of books we will put in the chat a biography you can learn more about and finally alan thank you for joining us. The chief content officer at fortune. His ceo column how i start my day every day. We posted the biography is in the chat and alan is going to engage the audience in question and you can pose in the qanda box after we have the opportunity to