Shoppers are spending more during each visit during the pandemic which is good news for target. That is a bright spot in otherwise down day on wall street. Im Connell Mcshane. Welcome to after the bell. You know the numbers after the bell. We have time for the news that is happening at this hour. Fox Business Team coverage, blake burman is in washington, we have Jackie Deangelis in the new york newsroom, Ashley Webster coming up as well watching some of the new restrictions on business ahead of the holidays, well get to that in a moment, but, blake, lets start with you. Whats the latest. Reporter big news out of pfizer today, connell, 95 effective and safe that was the news out of that company as it relates to the covid19 vaccine candidate with pfizer saying they could apply to the fda for that emergency use authorization here in the coming days. Here is what pfizer said this morning about that covid19 vaccine that they are putting forth. They wrote, quote, to date the Data Monitoring Committee for the study has not reported any serious safety concerns related to the vaccine. They go on to say, a review of the at least 8,000 participants 18 years and older in the phase two and three study demonstrates that the vaccine was welltolerated with most solicited adverse events shortly after vaccination. You pair that with the optimistic news with moderna over the last handful of days. That led to hhs secretary alex azar saying potentially there could be multiple vaccines here in the coming weeks. Listen. We now have two safe, and highly effective vaccines that could be authorized by the food and Drug Administration and ready to distribute within weeks. Reporter even if pfizer ends up applying for this eua, connell, within the next couple days or so it will likely take several weeks before it would potentially get out to the marketplace because the fda has said their review process for the eua very well could take weeks. They want it to be thorough, transparent and want it to be very tedious, connell . Still great news from pfizer. Even with the Market Selling off doesnt take away from that. Well talk about other things going on at the moment around the country n addition to pfizer we heard from Johnson Johnson, its ceo today . Reporter we did. The alex gorski, the ceo did a Virtual Event with David Rubenstein from the washington economic club. He sounded hopeful as it relates to the oneshot dose his company is working on. We use i had it in both formats, one and two shots and were going to have to find more information. The early data that we were able to generate both preclinically as well as in the clinic our phase one trial suggested that we do have a robust response and that is again how the body responds in producing neutralizing antibodies with one shot. Reporter now keep in mind, connell if we end upticking to this time line of there being a vaccine late in december and the first 20 million or so individuals are able to get it shortly after that, that would be at the end of the Trump Administration into the beginning of biden administration. I bring that up because the Johnson Johnson ceo was asked how this could potentially work, he said it was quote, unquote, absolutely critical this is seamless from one administration to the next. Connell . Connell we talked a little bit about that yesterday, the importance of the transition with the president still having not conceded. Blake, thank you. Blake burman in washington. Overall today it was a recordsetting day in the United States and not a good way by any stretch. Hospitals meantime are getting stretched if you look at the numbers. The total number of covid related hospitalizations has topped 76,000, first time weve seen them that high. This afternoon we had big news from new york city, the nations Largest School system closing for in Person Learning tomorrow. We dont know when it might open up again. There was market reaction. Zoom, used so much in virtual learning, it spiked. It had been negative prior to the announcement in new york. In michigan a threeweek statewide pause is starting today as we continue to keep a very close eye on the upper midwest. Foxs Garrett Tenney reporting live can from lansing. Garrett . Reporter connell this, long line of cars at this testing site behind us is an example of why these new restrictions are being put in place as this surge of virus, positive cases of the virus is really sweeping all across the country. Here in michigan, starting today, college and High School Classes are required to be online. Sports are canceled except for pros and some college games. Indoor dining is no longer allowed. Venues, theaters, casinos, bowling alleys are being closed for the second time this year. Business owners weve spoken to such as the owner of joey armadillo bowling, while they support the state taking action to stop the spread of the virus, officials are not doing enough to help businesses deal with the consequences. We disinfect every night. We wear masks. We do what we can do. We havent had any but did anyone come to ask us about that . No. Just shut it down. Just shut it down and cut out everybodys livelihood. It has to be dealt with from both sides of the coin and our state deals unfortunately only one side of the coin. The political side i believe. Reporter other state are enacting new restrictions as well. Starting tomorrow ohio will be under a cure view from 10 00 p. M. To 5 00 a. M. Maryland houses of worship 50 Capacity Starting on friday. Stores in washington, limiting to 25 of their capacity. In illinois, parties larger than six people will not be allowed a at bars and restaurants. What we said for months what is hospital is the hospitalization rate. Weve seen that go up a Record Number today. That is what is key here. All of these restrictions are being put in place to stop more of that from happening. Connell . Connell people worried about hospitals and their staffs being overwhelmed. Thank you, Garrett Tenney, lansing, michigan. I want to talk more about the economic restrictions around the country which was mentioned in garretts report have become increasingly political. There are even questions about how closely people might follow some of the new rules. Ashley webster has been looking into some of this red tape which seems to be popping up the most in blue states. Ashley joins you us now, what are you seeing . Ashley 20 states ramped up covid restrictions but that number goes up daily just as of course families are trying to figure out their plans for thanksgiving and some people are angry. Saying they are just going to ignore the rules, especially those limiting number of people who can gather indoors in private residences. Even local Law Enforcement say they will not implement any fines or tickets. A bit of a mess. Look at some individual states. In california where more than 90 of the population is living under the most restrictive orders there is a mandatory mask mandate. No Indoor Dining. Businesses that are open have to close by 10 00 p. M. Over in illinois, masks also mandatory and the department of health is asking residents to stay home except for essential activities. People in chicago, the surrounding suburbs, also being told to avoid travel and gatherings outside of their own home. Which has all proven just a little awkward for illinois governor jb pritzker who dodged questions when asked if he was traveling to florida for thanksgiving. Take a listen. I dont know exactly what my plans will be but i will certainly be happy to share. I think you already know. I mean, that, we have a place in florida. So ashley all very awkward. Pritzker said his wife and daughter will be in florida for thanksgiving while he and his son stays in chicago. In we have battle brewing where indoor, outdoor gatherings are tasked with eight people with no Indoor Dining and some businesses closed. Violating of the gathering rule face a fine up to 1250 and 30 days in jail which led to outcry from critics who point out, guess you can be jailed for too many people over for thanksgiving if you want to riot and loot in portland, no problem, connell. Connell they see it as double standard. You cap it six people for indoor gathering. Are they enforcing that . What do they plan to do . Ashley that is a good question, how do you do that in a private residence. Some states set up hotlines leads to the scenario with neighbors itch . Ing on neighbors. That can get awkward. Number of Law Enforcement agencies forget it. Were not going to enforce that. Inconcludeing a number of sheriffs in upstate new york. There is no way they will enforce that rule on thanksgiving as people gather around the table. So its tricky. It could become confrontational. A lot of people not happy. Connell right. Certainly just want to try you know, change peoples behavior even if theyre not enforcing it. They figure people hear about it, maybe not have as many people. Ashley exactly. Connell Ashley Webster for us. Move on to Hillary Vaughn in wilmington, delaware, get the latest on president elect joe biden today. Hillary . Reporter hi, connell. President elect joe biden sidestepped questions from the press asking if he is had a conversation with Senate Majority leader Mitch Mcconnell yet. The press was kept outside of bidens virtual roundtable that he held this afternoon with front line workers saying they will talk to the press tomorrow at his event with the workers biden again blamed the gsa delay for the Trump Administration denying him access to critical information like our stockpile inventory levels like things like ppe. Also the timeline for a vaccine rollout. Biden teared up at one point when a nurse talked about being on the front lines for months but still not getting access to a covid test. Very im sorry im so emotional. It is just got me emotional. Reporter biden also said one thing he wants to change is the turn around time between getting a test and getting the result. He said tests that dont give results for several days are essentially no good. Connell . Connell let me go back to Ashley Websters report for a moment. You probably heard Governor Pritzker in illinois asked about his thanksgiving plans. Seems like everybody is asked about that today. Did biden speak about . If so what did he say . Reporter he did. His thanksgiving will be much sized down version than normally it is. He is being told they will have only 10 family members. They will have even fewer people over this year. I got a big family you heard a lot about. We do everything together. You know, were just not going to, there is going to be three of us. Reporter so, connell, maybe biden has turkey for three. Last year he also had lobsters at his thanksgiving meal. Maybe they cut those down from the menu. Connell . Connell save a few bucks i guess. Thank you, Hillary Vaughn for us in wilmington. A longlasting response and the positive new findings from an immunity study could signal brighter days are ahead both for patients and doctors. Well talk about that next. The green light hitting the air. The faa giving boeing the goahead for the 737 max to finally fly again. Were live from Midway Airport in chicago. Tourism wave from across the country. 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And if we win, we get to tell you and doug. How Liberty Mutual customizes Car Insurance so you only pay for what you need. Isnt that what you just did . Service stand back, im gonna show ya how doug and limu roll, ya you know you got to live it if you wanna wi. [ music stops ] time out only pay for what you need. Liberty. Liberty. Liberty. Liberty. Connell so this could be a breakthrough discovery for coronavirus immunity. There is a new study from the la Jolla Institute of immunology. I will point out right at the start it has not been Peer Reviewed or published by a scientific journal but says covid19 recovered patients could develop a longlasting immune response to the virus. When we say longlasting we might be talking about a number of years. Lets bring in a doctor who is emergency medicine physician in texas. Global outreach for doctors. To talk about this and a little bit more. Lets talk about a couple things, whether we should read into it for anyone who has the virus or maybe people thinking about how effective vaccines will be long term . What do you say . Right. Just as you said this is not Peer Reviewed yet. It is not published in a journal yet and also something really important to consider this is a very small sample size. There are only 185 people that they studied who were infected with covid19 that being said the results are promising and really give us a lot more information what potentially there could be with immunity. We think there is a range. Everyones immune system is different and the immune response is complicated l is antibodies, bcell immunity and tcell immunity which they did a great job assessing. Everybodys combination is little different. Person a and person b may not have the same response. Also a mild infection that may be asymptomatic or very low levels of symptoms may not mount the necessary immune response to give that longterm immunity. So while this is long term it is reassuring for the vaccine. We saw smallpox vaccine, pretty much strong bcell immunity, pretty from nominal. The flu vaccine, not the same. You can get reinfected year after year. We think this will be somewhere between the influenza and smallpox vaccine. Were very hopeful for that. We think this is great reassuring evidence that will hopefully get you across the finish line with think, yeah. Weve had great news on the vaccine front both from moderna and from pfizer. The way this would work if im understanding this correctly, you would get the two shots, essentially, the way those sack scenes work, i guess others might be just one, you get the one shot, then you come in a few weeks later, you get the second booster shot. If this turns out and its a big if, that would be it for a while then . Yeah, it could be and theyre really showing promising results even in the elderly. Pfizer came out showing even in the elderly patients theyre seeing 94 efficacy which is really phenomenal. Elderly patients, potentially immunocompromised patients can have great immunity. We need more data from pregnant patients and compromised patients. There is a lot of questions still needing to be answered but this is really phenomenal rates were getting for a brand new type of vaccine and groundbreaking research, not just for covid19 but for the scientific literature in general and the scientific process moving forward with other Infectious Diseases but this is a finish line that we can see. It is in the future. Its not here yet. Just like a marathon runner, when you see the finish line you dont slow down. That is when you really speed up. That is when we have to really do our best this Holiday Season to get to that finish line so we can make it there and save our Health Care System. Connell well followon that marathon analogy, not like we entered the final stretch in central park in the new york city marathon, we can see it, it is a sprint. It feels like there is a little bit to go. Maybe you come in manhattan, trying to look for the right analogy, you have run a long way but you still have a decent amount to go so i will ask you the question everybody is been getting, politicians and Health Experts alike, how should we all handle thanksgiving given all we know right now . This is something as a medical provider my first and only priority is keeping people safe. That is the number one priority, keeping as many people alive and healthy as possible. If someone is it able to quarantine two weeks effectively before seeing family members, they can celebrate thanksgiving be safe. If they cant, if theyre doing highrisk activities going to bars, Indoor Dining, friend gettogethers before within that two week period, theyre putting their family members at risk. I think that is a conversation families need to start having now already. On the days coming closer, if anyone develops any symptoms, they need to not go regardless of their test results. Testing does not clear someone to go home for thanksgiving. So being really careful, doing thanksgiving outside if the climate and weather is functional for that, and you can do that, that is always recommended and you know the s