Reporter neil, good afternoon to you. Start with astrazeneca. That is the top headline. It is covid19 vaccine as you mentioned having a good immune response in older results this is a phase two trial. Heefficacy will not be done untl they resume phase three trials you mentioned pfizer around biontech, they will file for their emergency approval with the fda form for the covid19 that tells us they are on track for the timeline they promised. Johnson johnson ready to have its vaccine ready for approval by february of 2021. Like i said, a bunch of different choices here. New york city in a little worse shape. Public School System is shutting down as of today. The stiffs Public Schools are taking a break, excuse me, because the coronavirus test Positivity Rate of 3 has been at that level for a seven day rolling average. It was reached on wednesday. The decision impacts over a Million Students and their parents and the city is trying to manage these cases and the weight that is placed on th
Quite a long leap away from 10 years in the can for edelman though, the cushy treatment didnt end there. He was still showered with awards at the years and even sealed advertisement deals. There are no rules in basketball. Its a similar story. Last year, basketball, prodigy deon dreyer, 18 was caught doping up, his punishment, jail, just kidding. He was suspended for 25. 00 games and then showed up on the jimmy kimmel show. Hes a member of the n. B. A. All rookie team from the phoenix suns. Say hello to deion 38 and hello to the right. And heres the best part. Hes now the face of a Protein Health shake, commercial ties on the prize. Thanks to you, bill washingtons long made it clear they take doping in sports very seriously when of course, the suits their agenda. Sports right. Tom brokaw style them all well as the us bill has a very different agenda to the one stated this has nothing to do with the least welfare or looking after. If they did, it would be totally different stuff looking
Arizona for biden. Dow is up 191. Were going to start with disney though and a surge for shares this morning following the strong earnings last night and that enormous pop for disney plus subs. Julia boorstin is going to break that down for us hey, julia carl, disney plus accrued 73 Million Subscribers. The companys 120 million paid Digital Subscribers are a bright spot the company says suspension of the next semiannual dividend is in part to priority the direct to consumer initiatives. Its very clear what the new content has subscribers. I think youll see continued increase in investment and then that will fuel some of the growth that christine will talk about at the Investor Conference that we expect on december 10th. The company says theyre reassured by booking trends that cruise ship bookings for next year are very strong pushing to open disneys closed california parks, he called californias restrictions arbitrary. Were very encouraged by the prospect of a potential vaccine. Were e
The s p market barely budged but the stunner was the bond market, hitting its highest level since march. Chris called this on the show a couple weeks back. Where are we headed from here . I think we are headed with the yields going up still. What is important about this move, it is not a few days old it is a few months old the trend here is several months old. I think any shortterm pullback in bond yields, that would be an area to be a seller of bond. We think yield can go up from here if you look at the longer term chart, you have to focus on where yields bounce from in 2016 and where they broke down from in 2020. When you look at this move, i think 130, 140 is ultimate lit where this is likely to go thats where the key levels are. I think as bond yields have gone up, the yield has gone up. 80 basis points and i think Equity Leadership changes ri long with that the kre here is starting to break out, not just relative to s p but on its own right the technical is starting to improve her
Falling back boeing is providing an advance for the dow inlyft customers cancelling orders this year in light of the pandemic. It is up 5 as we speak, 59 minutes left on this session coming up, kyle bass will be with us to talk about the Election Results and how president elect biden will navigate americas complicated relationship with china. Plus an interview you will not want to miss we will hear from carlos ghosn whose scrape from japan to lebanon Drew International attention. We will hear his side of the story,i his thoughts on what will happen to his former colleague and the men who helped him pull off his escape. Lets get straight to thesters we are watching mike santoli tracking the Market Action josh lip ton with the highlights from todays afternoon apple evenly joining us to talk about apple and the broader tech selloff is dan ives mike santoli tell bus the trend. Into value out of growth, into small out of large, and really out of defensive into cyclical thats been the team t