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Soaring today. Meg tirrell with details. The bar was very high for moderna after pfizers efficacy last week. Mad earn moderna met the 94 percent efficacy and will seek the fda emergency authorization in the coming weeks. We just talked to the doctor who has been leading the vaccine and Drug Development as part of operation warp speed about the significance of this moment, really seeing two vaccines in a row at this high level of efficacy heres what he said. Its an extraordinary outcome, frankly, to have two different vaccines tested in different conditions by two Different Companies developed independently yield very similar outcomes this gives a huge confidence into the data obtained and really suggests that the 90 percent and more efficacy is true and real. But of course, melissa, as were getting this extremely good news it comes at a time in the pandemic when weve n ....
Congress is negotiate its next round of Coronavirus Relief for the economy and weve seen a stunning move in oil crude was higher by 2 now down 9 as we await the final details out of the opec meeting. Energy sector now word on the s p. Yeah, been a real reversal there. Coming up on todays show, dan niles tweeting a warning about the rally. Hes going to join us with the risk he sees at these levels, plus, well speak with max levchin. Well ask what his micro loan customers are buying amid the shutdown and his read on the state of start ups right now lets focus on the big stories were watching today though. Steve liesman has detailes on te feds big moves and kayla is following the battle for more stimulus on capitol hill but steve, were going to go to you first to talk about the fed. Yeah, morgan, just quick moves the fed has announce nd the last hour. The its reduce uing the purchases of treasuries and mortgages. Treasuries down ....
Charles absolutely are. Absolutely. Liz this country, for better or for worse, and i say for better. Charles, thank you very much. Breaking news. Folks, if there is a headline on this tuesday its that the bulls are maybe losing a bit of their grip on the markets and are in scweap. Ty of snapping multisession winning streaks jeopardy. If you look at this picture at the moment, looks okay, the dow is up 14, but it had been up 125. With we do have the nasdaq dipping into negative territory, down 18, the s p clinging to a 4 of point gain. What is also interesting is that the dow still in the green considering a blue chip bomb that is proving to be a drag. That bomb . Disney. Shares are cratering 99. 25 9. 25 right now. The stock not only dwelling at the low e depth of the dow 30, but it stands as the second worst performer on the s p 500. Disney shares bitten hard by the details that were within what looked like a pretty good Quarterl ....
Stand. Everybody is against hate. That is not a hard thing to say. The question is, how you operate this big company at the same time, so that all our team its our teammates can be who they are when they come through the door. I have seen examples of how transformative technologies like Machine Learning in Artificial Intelligence can be applied in retail banking. The about this business, wholesale business . How you manage the transition from people to machines on the trading floor. Those trading things is tuned to that traitor, and that person. It is a huge impact, the information coming into their systems, it has changed dramatically. If you think about more broadly, all of industry, all of businesses follows society that is affected by major trends. Artificialnition, intelligence, the ability to thenters tribute data ability to store and distribute data. More mo ....