Welcome, everyone, the kboel im sara eisen, here with wilfred frost. Pfizer says its covid19 vaccine candidate developed with biointech is more than 90 effective in preventing covid19 in a phase three study the cow and s p 500 hitting record highs in todays session, this after strong gains last week as well as the Election Results come into sharp focus. Seeing down sectors like airlines, cruises, banks, and energy are seeing outsized returns today on the vaccine news while the stayathome winners like zoom, peloton, and amazon are coming back to earth. Nasdaq is actually negative with this more than 1,200 point rally on the dow 59 minutes left to go on a historic day on wall street. Nasdaq hovering around the flat line. Big gains for the dow. Coming up on the show, a massive guests line ups. We will discuss the vaccine, the election, what it all means for your money with huge names nelson peltser will weigh in with his thoughts on what the market is doing as we speak. The chamber of com
Breakout in two groups of stocks this year. Just like the karate kid they are the best around. Big tech and biotech kick off the year qqq up about 9 in 2018. And ibv up about 10 this year when it comes to hunting for growth in a raging bull market what is the best bet, tech or biotech . Dan. On a day like today, when you see netflix, a name that a lot of investors keep a close eye on as they think about tech, up at new all time highs, up 10 google has gone berserk before they reported earnings one sector thats more interesting could be biotech we have been talking about two big deals that weve seen already. When i think about the ibb it made 52 week highs but its down 10 from its 2015 all time highs. Sell gene, boyio yen and gilead are still off considerably from those high they have been aquarsor are going to be acquires if we are going to continue to make new highs in the market the ibb looks to be a decent bet to get back to those prior highs. If you look at the chart the last year
Mia is watching equities and on the holiday shortened trading week. Peter cook has the latest etails on newest government rules coming for unmanned aerial drones. Known as and julie highman tells us about sectors, n the retail stocks, that is. Get to those stories and more. Top stories the were following at this hour. Fewer americans bought homes a the slowest pace in six months. The National Association of existing aid sales of homes fell 6. 1 . Over the last 12 month, sales risen 2. 1 . A recent decline in mortgage buyerss yet to lure more into the market. He latest from the equities markets on this monday. The s p 500 is up fractionally. The dow is up over half a 17,903. At and the nasdaq composite index a quarter of aup percent at 4777. Saudi arabia and the united arab emrates are pledging not to cut to prop up on prices. They blame nonopec producers for them toly glut and urge cut back. The Saudi Oil Ministry says hes onfident prices will rebound along with Global Economic growth.
The governor of georgia today says he is responsible for the grid lock that stranded thousands during the snow storm that cause add real mess. In the south, governor nathan deal also admits his state not adequately prepared and vows to prevent fit happening again. I am not going to look for state gov. I am the governor. The buck stops with me. I accept the responsible for it. And thats what the public can expect from our office. At this time, that would be a parking lot behind you. Yeah, tony, good evening, and indeed, its a nightmare on any day of the week, and of course the traffic behind me on i75 north, outside of the major suburbs, would be walltowall at the 6 p. M. Hour. And that, it has been get your car off the road and try to get your life back in order. And the politicians are still pointing a blame at each other. Yet the governor made the deal coming out and saying hes going to take the blame for the whole situation past 48 hours. Thats interesting, because he did suggest th
Could be the fatal blow to the gop effort which was led by his best friend lindsey graham. And why does the secretary of health and Human Services need to travel on so many private planes paid for by the people . A gop ethics lawyer says he should be fired and sent helm on the next Greyhound Bus. Well talk to him tonight as the 11th hour gets under way. And on this friday night, good evening once again from our nbc news headquarters here in new york. Day 246 of the trump administration. And tonight the president spoke to a ralably in huntsville, alabama saying he really felt at home. These are alabama values. I understand the people of alabama. I feel like im from alabama, frankly. Isnt it a little weird when a guy who list on fifth avenue in the most beautiful apartment youve ever seep comes to alabama and alabama loves that guy . I mean, its crazy. As you can gather from that bit right there, it was right out of the campaign. Donald trump bragged about the crowd size, his Electoral C