About the north bay coming up. Two coronavirus vaccines appear to be getting close to a fullscale production and some breaking news this morning a third player just announcing promising results with its vaccine. Bob redell is joining live with a covid test in pleasanton with those developments. Good morning, marcus. Astrazeneca and the university of oxford Just Announced that its vaccine is safe and triggering a similar immune response in all adults. This is according to preliminary data from a phase two trial that was just published. Pfizer say a final Data Analysis of their vaccines have found that it is 95 effective. Thats higher than initial results suggested. The companys plan to submit an application for emergency use in days and how to ship tens of millions of doses across the country and what would be well below zero temperatures for the vaccine to be effective. Also, how to convince skeptical citizens to get the vaccine. A vast majority would have to be vaccinated to achieve,
Volume of traffic and notice the low clouds in this shot that getting across the bridge the low clouds have hit the bridge there and the fog is an issue for the rich mamond san rafael bridge. All have fog advisory from chp and a possible crash near the toll plaza and well track that off the berkeley curve and dense fog through the trivalley a major issue for drivers. Back to you. All right, thank you very much, mike. So, lets check in with bob redell for more on the breaking news overnight. This is were talking about a third player just announcing some promising results with its vaccine this morning, bob. Correct, marcus and laura. Astrazeneca and the university of oxford announced their vaccine is safe and is triggering an immuno response in all adults. This is according to preliminary results from a phase two trial that was published in the medical journal. You have pfizer and biontech and they found they are 95 effective. That is higher than initial results suggested. The companys p
With a new show on cnbc, highlighting Small Businesses and the people behind them across the country power lunch starts right now welcome to power lunch. Im john fortt take a look at whats driving the Market Health care stocks the biggest laggards while industrials and financials lead the way. Check out the bank names all higher tesla, the big winner. At the highs of the session, helping to turn the nasdaq almost positive, close to break even midday. Morgan stanley final upgrading the stock to a buy after a 500 gain this year lets get to bob pisani for more on these markets bob, you got me . Maybe not. Kelly, do you see what is happening with these markets i mean, were showing the sector snapshot here. Weve got s p retail is higher ahead of a Holiday Season we expect to be really strong for ecommerce and weve seen strong results this week from walmart and target yes, we do. By the way, i want to point out well, i want to point out that the dow turned negative only in the past hour or s
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
High profile dismissal President Donald Trump announces hes fired defense secretary marc esper on twitter. Thousands leave the regional capital in nagornokarabakh as fighting between azerbaijan and armenia intensifies. Terms in doha with only sports news 27 team asas champion Sergio Garcia withdrawals from this weeks tournament after testing positive for corona virus. American drug maker pfizer has released interim results show its vaccine is effective against the corona virus the news has been welcomed by scientists and World Leaders and triggered a surge on Global Markets the vaccine developed by pfizer and german start up by on tech was found to be more than 90 percent effective in preventing covert 19 among study participants no serious safety concerns were observed among the more than 43000 Party Percent across the globe a study showed just 94 confirmed cases of kevin 19 of the news has been called a great day for science and humanity and while the World Health Organization says t