3386 is the number to watch for that s p 500 record close. 59 minutes until the close we have a big show coming up to day the s p 500 makes yet another run at that record close bob doll will tell us why he is expecting the economic recovery to be more choppy. And why hes cautious in the short term plus, gaming the impact of the dnc. Well speak with a policy expert who says this weeks Democratic National convention could be a negative for the market even though its happening virtually. Right now, were going to focus in on the big stories were watching to day. Bob pisani is tracking to days action we have the latest on growing tensions with china. And joining us with his outlook for stocks is tony dwyer bob, start us off with the Broader Market whats going on behind the scenes and whether you think we could see that record s p 500 close today. When you get this close within less than 1 he , you usuy can get over it. Were still not there. 3386 as you heard before is the old closing high t
A virus infections is not brought under control. A Malaysian Court is set to hand down its verdict in a corruption trial involving former Prime Minister to browse uk. And mourning the conscience of Congress Civil rights leader john lewis license to the u. S. Come. The race to find a vaccine to beat the coronavirus is heating up with u. S. President donald trump announcing an American Made one has now added phase 3 Clinical Trials the final hurdle before it can be approved is being tested on 30000. 00 volunteers and trump believes it could be ready for widespread use by the end of the year ive got the reports from maryland. If the u. S. Is to have a viable Coronavirus Vaccine by early next year its volunteers like Melissa Harding who will help make that happen everyone in my family is medical my husband of the place up there though were all on the front lines and. Can be easily effected by it so doing our part to eradicate it is very important to me shes now part of the world vaguest co
Effort to develop a vaccine but numbers of infections from the virus continue to run its. Losing their homes and their livelihoods hundreds of thousands in bangladesh wait for much needed assistance amid rising flood gates. And mourning the conscience of Congress Civil rights leader john lewis lies in state of the west and. We begin in malaysia where in just the last hour a court has found former Prime Minister najib razak guilty on all 7 charges and this 1st trial links to the one m. T. B. Scandal on top was facing charges of criminal breach of trust Money Laundering abuse of power hes denied any wrongdoing and to faces several other trials its alleged hundreds of millions of dollars from the state fund made their way into hits accounts fonts louis joins us now live from Kuala Lumpur Florence are guilty across the board was this expected. Well i think the world the judge is basically in reading out his judgment and hes saying that the nut jobs defense lawyers were not able to show rea
Charges and they carry very heavy penalties. They range from 15 to 20 years in prison he could also be fined 5 times up to the amount that hes received so it could run into tens of millions of dollars now were not sure when sentencing is going to take place the judge could defer that to a later date but well have to wait and see but for now we know that hes guilty of all 7 charges but this is only the 1st of several trials that knowledge it faces in relation to the one m. T. V. Corruption scandal and this trial only concerns the 10000000. 00 he said to have received or hes received the judge that from s. R. C. International a former Subsidiary Company off one m. T. B. A notch it is no longer the leader thats the United Malays National organization the dominant party in malaysian politics but he still enjoys very strong support within the party and also outside of that policy and we saw how high ranking officials including the Party President what court to support not just on tuesday no
Very important from volunteers start rolling up their sleeves to the United States 1st large scale vaccine trial. Also ahead 3000000000 animals killed or displaced scientists give an alarming reassessment of australias devastating bushfires. Im johnny gosch roscoe with the sports 500 and up england cricket the surf boards joins an elite club with his latest test against the west indies. We begin this news in malaysia with the former Prime Minister najib razak has been sentenced to 12 years in prison after being found guilty of corruption he wont go straight to jail though and says hes appealing this verdict is from the 1st of 5 trials not she was facing linked to the one n. D. P. Scandal he launched this state fund when he was Prime Minister in 2009 we are always positive we believe. You know innocence we believe that. We have a strong case. But of course we have to convince the judges and we would do our best. Chef we would continue to lead a team and he is very determined. To get the