He is expected as a virus numbers continue to spike around the nation to give an update on operation warp speed and talk about new developments in the race for covid19 vaccine. At the close you look at the numbers, the vaccine helps as well with upbeat corporate profit a rally not far away from a record high, it was flirting with the record, needed to be 470 but lost a little steam in the final minutes of trading, a strong day, the s p that is a recordsetting, closing up by 48point, as it settled in what appears to be the 23rd record close of the year for the s p 500 and we want to monitor the smallcap stocks today and the russell 2000, the russell closing in record territory what is significant for the smaller stocks, the first time in more than two years we have seen a wrestled record, the s p up in the second straight week, adding more than a thousand points. We canoes and big tech brought the nasdaq into the red, those are your numbers as we come to you on a friday, im connell mcsh
Comes to the coronavirus adding more than 150,000 new cases on thursday alone President Trump is expected to give an update on operation warp speed in just about an hour. We will take it for you live 59 minutes left to go in what has been wilfred a wild week of trading of one that is higher. Higher for the week higher today as well up 1. 3 on the dow coming up on todays show we will speak with chicago mayor lorie light about her lockdown advisory and the potential economic fallout as cases surge in the state of illinois plus it has been a big welcome back for the bank stocks with the kbw bank stocks up 10 the ceo of kbw will join us to discuss whether there is more upside ahead for the sector. First the big stories. Mike santoli is tracking the market meg tirrells that latest on treelts and vaccines as we await an update from the president and Steve Liesman is looking at the impact of the coronavirus surgeon the economy. Mike, the market up 388, and the dow having been up 400. You lock
That. Governor will have to let us know when hes ready for it. Otherwise, we cant be delivering it to a state that wont be giving it to its people. I know the people of new york very well. I know they want it. So the governor will let us know when hes ready. Hes had some very bad editorials recently about this statement and what has happened with respect to nursing homes, and i hope he doesnt handle this as badly as the nursing homes. But we are ready to provide it as soon as they let us know they will actually use it, and it is a very safe and great vaccine. We have among the lowest case fatality rates anywhere in the world, the entire world, and we performed significantly better than our peer countries. Also madetration has critical investments in therapies that have helped reduce the mortality rate by 85 . That is one of the most exciting things. It is incredible, some of the antibody vaccines and others that have come out and help people. Last month, the fda approved remdesivir and
Hunter biden emails. Democrats are outraged saying this is a partisan hit job. Joe biden for the first time breaks his silence. Speaking out, calling this a desperate sneer. That is not the full story. The fbi agree. This is not russian disinformation. The laptop is allegedly loaded with emails showing the biden family leveraging its greatest asset as it has for years. Selling access to joe biden of washington and around the world. Why critics say this is a National Security problem and why the media narratives are demonstrably wrong and why the claim that joe bidens tax returns dont show any of this wrongdoing, well, they are likely wrong, too, those claims as well. More details from a batch of emails separate from this laptop and why this story keeps getting bigger and bigger as a countrys most powerful people in tech and media wont talk about it. To the president strategy. Will he go after the bidens influence peddling, talk and not interrupt so voters can hear about bidens plans li
A 1000000 times but have trouble taking to heart you get what you pay for meaning the more you spend on something the better itll be but that doesnt stop me looking for a bargain and potentially regretting it later but some sellers will have you believe you dont have to compromise my county the german Supermarket Chain with thousands of stores all around the world my colleague chris down for save us went to find out how that could possibly be true. As one of the Worlds Largest Supermarket Chains actually its 2 chains not an easy route and they both pride themselves on that rock bottom prices and high quality product how does audi do it. Its 3 30 in the morning and all of compost is already at work he manages an ugly north Distribution Center as big as a football stadium. The company rarely lets t. V. Crews come to visit this is a rare exception. Trucks will be loading here soon and everything has to go very fast it was the same yesterday afternoon and yesterday evening when the goods w