Consumer in this covid economy and a ventilator boost from medtronic, but sales for other medical devices remain lower medtronics ceo will join us exclusively later this hour. Carl, jims shaking his head already. I dont know speculative market ive ever seen i was going to say, jim, i mean, what a confluence of headlines and then to layer on what you were talking about with becky, this seemingly endless generational bid for stocks in general. You know, look at these plug power did a deal last week, 38 million shares of 22. 25, norwegian did a deal of 40 million shares at 20. 80, carnival did a huge deal at 17. 59, up huge on that, American Airlines did a deal, huge amount of stock, and about price that is a dollar below where this it is trading. Ive never seen anything like it where are the profit takers . Where are they i dont know. This is listen, we have been talking about this new cohort in the market, theyre for real, man. They are real it is not just ev stocks that are ev Companie
Yesterday. In fact, it is going to evaporate much quicker today. Enjoy sunshine just about all day today and slightly milder temperatures from like 68 in fairfield to 58 in Half Moon Bay. Most of us in the low to mid 60s this afternoon. Update on the thanksgiving forecast coming up. Heres reggie with the news. Mike, thank you. Californias Health Secretary is warning that more counties could move into the purple tier. And, of course, thats the states most restrictive. We anticipate there will be some tier movement. Handful of counties likely moving to a more restrictive tier. Here in the bay area, three counties in the red tier right now but they could slide back to purple and that includes San Francisco, san mateo and marin counties. Dr. Mark ghaly defended the curfew restrictions that are already in the purple tier. He said it is necessary to help curve the spread. You can watch him live today at noon on our abc7news. Com. California is pulling back on reopenings as the number of covi
The year dow is set for a record close, approaching 30,000 with 59 minutes left of trade. Up 1 2 on the dow sara 29,830 currently. Coming up todays show, we are waiting president elect biden to make some comments on the economy. His economic plan that should come any minute. We will take you there live. In the meantime, a rare interview with operation warp speeds dr. Slaoui he will weigh in on the moderna news and what the rollout will look like. Plus the positive vaccine theus with mark moabious his eye on emerging markets. And mike wilson saying next year will be all about earnings we will discuss with Morgan Stanleys chief u. S. Equity specialist mike santoli joins us. Meg tirrell has the latest on covid19 news. Eamon javers will go over president elect biden speech on the economy when we get there. Lets start with mike santoli. We below on the s p 500 where we were this morning, by about a third of a percent below last monday mornings high about a third of a percent but looking at
Hey, melissa, these results were so much better, and if all went really well melissa, we have 90 of efficacy with this trial and this Covid Vaccine from pfizer. This is a 44,000participant trial. The way they measure efficacy is how many cases of covid they see in the trial they want to see more cases in the placebo arm than the vaccine arm, to show that the vaccine is protective thats what they saw to the opportunity of 90 efficacy. They said they saw no serious safety concerns, and they will proceed to the end of the twomonth safety followup window before they would seek emergency use authorization. That will happen next week after that we could see them proceeding for regulatory clearance. There are still questions remains. This was just topline data, and it looks to be safe, but theres still questions how does it prevent severe disease does it prevent infection completely or just manifestation of the disease with symptoms other questions are how long did the protection last . Weve
Morning news at 9. It is monday november 23rd, im darya folsom and im James Fletcher weve got a nice start to the morning so far looking pretty good behind us here. I think heading into thanksgiving. We should be all right. Yeah were off to a good finest hour today, and we just need a few more of those to get to thursday john exactly lets keep it going guys we had some cloud cover this morning already seeing things clearing out really nicely across the bay now only getting brighter and brighter through the day and were going to keep the dry weather around for the most part of your forecast we might have one hiccup early wednesday morning. But i dont anticipate too much of an interruption there. This is your look at the suture tower cam down in San Francisco, definitely a lot brighter than it was earlier this morning. You can also see that low layer of cloud cover thats still sitting across much of the bay but less and less of it is weve worked way through the morning hasnt been a foggy