Good monday morning. Im Carl Quintanilla with jon fortt. The dow puts together the first intraday high in nine months, processing the election, putting closure, perhaps, to that but obviously the big news of the day is out of pfizer and this potential covid19 vaccine once again, well start the hour with meg hey, carl this news that pfizer and german partner biontech provided 90 efficacy in the phase three trial providing hope this is the first vaccine we have seen results from the results are limited. They just the independent committee took a look at the trial. They found 94 confirmed cases of the covid19 in the trial and they found a difference in the Placebo Group and the vaccine group. They also said they saw no serious safety concerns in the trial. Theyre going to he mass two months of safety followup which for half the people in the trial getting their second shot which will take them into the third week of november that is next week after which time they will file with the fachl
Plus how a local group is hoping to change black friday to better help underrepresented communities. But we think conversation alone cannot be the answer. We need to start taking action and action is where true change happens. Tonight President Trump says that he may have to leave the white house, but he is far from conceding. But our top story now at 11 00 and streaming on cbsn bay area concerns tonight over the possibility of another covid surge as we take a live look at San Francisco on this thanksgiving night. Good evening. Im Andrea Nakano in for elizabeth cook. Im brian hackney. Ken is off tonight. In the past day california reported month are than 14,000 new cases and 104 deaths. The sevenday Positivity Rate is up to more than 6 depending on whether or not people followed Health Orders today, we could see another surge in cases the next few weeks. Kpix5s betty yu talked with doctors who are now preparing for the worst. Thats right, brian. Doctors say the spread of covid 19 on th
Record close since february 12th. Right now, its above that at the moment. So we look to the s p 500. That should set its first record since september 2nd. Its 23rd record of the year. We have that moving higher right now pretty significantly. The nasdaq just a bit off the mark at the moment. From the Pfizer Vaccine developed in conjunction with German Company biontech and the stock basking in the halo effect from the blockbuster announcement to the mask makers and Rapid Testing stocks on the move. Weve got team fox business at the ready. Market mavens bill snead, jon core pe corpino and Tracy Maitland and Hillary Vaughn live in delaware, with the president elects plans Just Announced and how it might affect your money. The two matadors in charge of todays record bull rally, pfizer and its german partner biontech. Both stocks hitting 52weeks highs on the news that their covid19 vaccine candidate is more than as we said, 90 effective. Pfizer jumping 8. 33 at the moment. Biontech up 15 .
Or your phone, our app on the phone to see the temperature, subtract about 3 to 6 degrees from that. Thats what the windchill will feel like. This afternoon, how about low to mid 60s from the coast to our inland neighborhoods. Lets get the news on this thanksgiving. Heres kumasi. Good morning, by day for staff and volunteers here at glide. Volunteers are busy setting up tables and putting up signs. The tables are set up to allow for social distancing, aside from those few changes it will be the same glide thanksgiving meal that thousands demand on each year. Glide has continued to serve food three meals a day since the start of the pandemic. That has not stopped. Organizers say there was never a doubt they would do thanksgiving, the issue was how. So moving the event outdoors solved that problem. Thankfully no rain. They plan to serve 2,300 meals. One of the organizers says because of covid19 this years thanksgiving brunch is even more necessary. Covid is affecting all of us, but its a
Minutes northeast of us if you were driving over to the airport. The former Vice President set to hold a drivein event in the next hour. Well be watching that as well. This state, this could very well be the state that decides the election. Well have you covered in pennsylvania for the next couple days. Lets get to our top stories on this monday. Fox Business Team coverage. Lauren simonetti watching the markets for us. Blake burman at the white house. Hillary vaughn in pittsburgh. First the markets on the election eve. Lauren . Lauren also the first trading day of november. It is just the second up day for the dow in the last seven but well take it. 422 points in the green. The s p is rebounding after its worst week since march. The big rally that we had this morning was juiced by the strongest manufacturing data in over two years. It faded and then it came back right at the close. We did see a rotation out of those big megacap tech stocks. Even some popular work at home plays whether