Narrow vote to advance the nomination this afternoon. Live coverage when centers return on cspan2. House Democratic Caucus leaders talked to reporters about their goals during the current lameduck session in preparation for the next congress in january. Good morning everyone, thank you for your patience. Good to be back here in the United States capital. Weve had our first caucus meeting this morning, we did it virtually. Subsequent to the november elections, everyone was in good spirits. We welcomed our new members. Were excited about them and the opportunity to serve with people from throughout the north, south, east and west and other incredibly diverse plans that we have to the most Diverse Congress in the history of the republic. More women serving in congress than ever before, more africanamericans, more latinos, or asian americans, more members of the lgbt q community, to muslim americans. Women, two native american women serving in congress for the first time in history and our
Welcome, everyone, the kboel im sara eisen, here with wilfred frost. Pfizer says its covid19 vaccine candidate developed with biointech is more than 90 effective in preventing covid19 in a phase three study the cow and s p 500 hitting record highs in todays session, this after strong gains last week as well as the Election Results come into sharp focus. Seeing down sectors like airlines, cruises, banks, and energy are seeing outsized returns today on the vaccine news while the stayathome winners like zoom, peloton, and amazon are coming back to earth. Nasdaq is actually negative with this more than 1,200 point rally on the dow 59 minutes left to go on a historic day on wall street. Nasdaq hovering around the flat line. Big gains for the dow. Coming up on the show, a massive guests line ups. We will discuss the vaccine, the election, what it all means for your money with huge names nelson peltser will weigh in with his thoughts on what the market is doing as we speak. The chamber of com
Er earlier today the dow was up 1600 plus points. We almost got to 30,000. Came within 70 points of 30,000 mark. Looked like we might get there at one point and then we started to dip and fall off of that. 835 point gain which is nearly 3 is nothing to sneeze at for the dow. The s p same kind of deal, fading off the highs. The nasdaq is an interesting story well talk a lot about, down by 1 1 2 . A lot of stay at home stocks really getting hit in the tech sector today. That is a pretty big decline for nasdaq given how much the other two were up. We will cover it all. We have fox Business Team coverage. Lauren simonetti, ashley webster, blake burman, Hillary Vaughn theyre all standing by. We start though with the market rally. It fade ad bit, but still lauren up 800 points in the dow. I know. It is all about the vaccine, right . So pfizer says its Covid Vaccine trial has prevented more than 90 of infections. Pfizer and its partner biontech, look at this, 52week highs. Stocks overall did
Take a hit. The covid consumer, walmart, home depot and kohls among retailers reporting earnings today. Walmart says ecommerce sales up 79 . And elon musks billions, tesla getting a spot in the s p 500. It is among the highest valued companies to ever enter the benchmark index and musk is on top to become number three, that is the third richest person in the world. Indeed, guys. Well start with the retail picture this morning, jim, youve been vocal as to the investor response on home depot and walmart. I guess thats related to the news out of amazon. Look, by the way, those stocks do tend to run up in the quarter and sell off thats nothing new a more aggressive amazon is always something we have to Pay Attention to i remember when amazon bought pill packs, the drug stores got killed i also point out that walmarts online david, thats not going to go away you can argue someone is going to argue thats the peak i would argue that amazon and walmart have taken so much share in this country,
[captioning performed by the national captioning institute, which is responsible for its caption content and accuracy. Visit ncicap. Org] [captions Copyright National able satellite corp. 2020] House Democrats also held a News Conference today. This runs half an hour. Mr. Jeffries good morning, everyone. Thank you for your patience. Its great to be back here in the United States capitol. We had our first caucus meeting this morning. We did it virtually. Subsequent to the november elections, everyone was in good spirits. We welcomed our new members. Were excited about them. And the opportunity to serve with people from throughout the north, the south, the east and the west and other another incredibly diverse class that will add to the most Diverse Congress in the history of the republic. More women serving in congress than ever before. More africanamericans. More latinos. More asian americans. More members of the lgbtq community. Two Muslim American women. Two native american women bot