>> approval of eli llyil's >>> i promise to help you find a bull market. welcome to "mad money. welcome to "cramer." i am just trying to make thank you some money call me 1800-743-cnbc or tweet me @jimcramer. to stimulate or not to stimulate. that's the question. evy

. >> tony shows you how to make hey of eli lilly. plus, what could be more fun than insurance seriously. >> this is an interesting situation. >> it's captivating when captain coe explains how "options action" starts right now. >> u.s. markets rallied for a strong week, but the start master and mike sa there is value to be found across the pacific what are you looking at in japan? >> before we get to the charts, what we know is year-to-date, the nikkei is virtually unchanged. the s&p is up 8%. first, taiwan versus korea so instead of using the taiwan stock exchange index or the kospi, we're using the ewt for taiwan and ewy for korea they are literally neck and neck. it's a perfect set of parallel lines. now, add in japan, ewz, the i shares for japan. here you see the divergence. if i were to include the spy, it would look identical which is to say these are all in dollars so we have adjusted out for the currency that comparative chart is the opportunity, japan lagging. and so take a look now at the individual i shares thems seelv. fir

. >> we have a news alert on eli lilly.ole market which has been tilting lower as meg terrell brings us another trial. >> in is a government trial of ely lilly's antibody for the disease. that trial has paused enrollment it was reported first by dr. jeremy faust on twitter, who attributed it to an abundance of caution due to potential safety concerns the statement we've received from lilly says "we are aware out of an abundance of caution the safety board has recommended a pause in enrollment. they are evaluating in hospitalized patients. it is sponsored by the national institute of allergy and infectious diseases. we don't have any detail about what led to this cause lilly says it's supportive of that decision about the independent data safety monitoring goard to cautiously preserve the safety of those participating in the study a lot of folks involved in clinical trials say this happens in clinical trials they pause if something like weird and figure out if it's a pause with the drug or the trial and then they keep going

she said, "senator, i'm in ely. these people up here think you should forget about this wilderness thing and go for a naonal park." chisholm: before harry reid was elected to congress, if you were an environmentalist in nevada, you didn't have a friend in congress. in fact, you had people who were working against you. laxalt: the values i have now are very much the values of having been raised in an old-country family, first generation, and also of small-town values. want for nevada, it would be the first rk in the united stes in almost 15 years... christensen: reid is advocating for a big parkf 129,000 acres that would cover the entire wheeler range. laxalt and the other senator, chic hecht, want a smaller park of 44,000 acres to protect the mining and ranching interests. tv reporter: the town of ely cod experience the most impacts from the gat basin naonal park. my resides lieve thathe park's popularity could spill over into ely and rejuvenate an otherwise dormant economy. christensen: when he heard that there was

shares of eli lilly jumping today. the details. >> hi, meg >> eli lilly saying it has filed for emergency use authorization of its antibody drug therapy they have already filed for this approval and they plan to file use for that the combo therapy, they would have 50,000 doses available in the fourth quarter we talked to dave today about how they are pricing this. this is what he said >> we want to be sure this is available at low or zero cost around the world we put a lot of time and energy into this. we manufacturing it and we want to recoup those. but it creates value in the health care system in terms of reduction in other costs and does so quickly. >> he is not giving an actual price they are planning on but saying they are locking at tiered pricing for developed countries versus less developed countries, the latter of which they would consider philanthropic projects >> would the cocktail be more effective than the single ability body drug? >> yes, it was clear in the data it looked better than the single antibody

did you -- did eli come?e. >> seth: why not >> so -- i don't know, he didn't feel like -- it was in d.c >> seth: oh, okay, that's fair >> he didn't want to take the trip then i wish he'd been there. yeah, okay >> seth: i mean, you would think, you know, for a kid who does political comedy, he'd like a trip to the nation's capital >> i know, he would. well, maybe he'll have to watch it, yeah >> seth: i'm sure when you were gone he didn't take advantage of his video games. >> probably, yeah. >> seth: hey, this is -- like game shows are one of the things that are coming back and you've been participating in some game shows. do you enjoy -- do you enjoy that because i think i would not enjoy that >> okay, so yeah the game shows are, like, one of the first things to come back. so i really like playing "100,000 pyramid," you know, when i'm called to do it, when i'm called for that service, to go play "pyramid." so i just did that with anna gasteyer, is the other celebrity. and yeah, that's -- so that's fun. and the

>>> tyler we have got a lot to watch, eli lily and apple reporting this yank. >> apple among the stocks pulling down the nasdaq today. that does it for "closing bell," won't it, kelly. >> that will do it for "power lunch. tyler, see you tomorrow. thanks for watching, everybody "closing bell" starts right now. >> kelly and tyler, thank you. and welcome to "closing bell," everyone, i'm sara eisen here with wilfred frost thedown down 200 points as we head into the final hour of trade. let's look at what is driving the act right now. eli lily's coronavirus antibody trial has been paused over safety concerns just one day after johnson & johnson paused its vaccine trial due to a closed adverse event we will dive into both stories. >>> apple unveiling its lineup of 5g-enabled phones including a high end model with the biggest screen yet but shares are slipping after yesterday's big gains. >>> banks but are in the red a busy afternoon 59 minutes left of trade the dow down 157 or so. >> let's get to the big stories. josh lip ton has the latest from today as apple each. we have the latest on eli

plus eli lilly sinking after it says it will end its coronavirus drug trial for pairs while pfizer says its vaccine won't be available before the election. later, a $35 billion chip deal amd to buy xylinx. is there more room to run on amd? we'll explore that one when "power lunch" begins right now >> earnings season is supposed to be a report card for companies. let's go to bob pisani for more on this lack of guidance bob? >> kelly, once again, the fourth quarter, another quarter with the lack of guidance it's a bit of a problem because the analysts again having a hard time figuring out what the right numbers are. remember, the earnings numbers have been coming in very well, generally weathering but again, big companies, no guidance from caterpillar, 3m, xerox, stanley black and decker. others like harley davidson didn't give guidance either. raytheon, corning. no guidance from companies. analysts have a tougher time and they've been very conservative and wrong so far fortunately wrong on the conservative side. look at all these companies out there. 83% are beating for the third quarter

she said, "senator, i'm in ely. these peopople up here think you should forget t about this nationalal park."and go for a chisholm: before harry r reid ws elected to congress, i if you we an e environmentntalist in neva, you didn't have a friend in congress. in fact, you had people who were e working against you. laxalt: the values i have now are very much the values of having beeeen raised i in an old-country family, , first gegeneratition, and alalso of small-totown values. reid: a national park,k, which i wawant for nevada, it would be e first park i in thunitited stats in almost 1515 years..... christensen: reieid is advocatig for a big park of 12129,000 acrs that wouldld cover the entire wheeler range. laxalt and the other senator, chic hecht, want a smaller park of 44,000 acacres to protect the mining and ranching interests. tv repeporter: thehe town of e y could exexperience t the most impacts from the gre b basin national pk. mananresidentnts believeve that thehe park's populalarity could spill ovevero ely y

>>> tonight, the trial for a leading coronavirus antibody treatment abruptly halted eli lilly pausing a late-stage trial over safety concerns. the treatment similar to the one president trump received from regeneron that he has touted as a cure just hours after the setback for johnson & johnson's vaccine. also, 36 states see a fall surge, and two superstar athletes test positive. >>> the president's supreme court pick, amy coney barrett, facing her first day of questions senators come out swinging her answers on hot-button issues from the fate of obamacare to abortion to potential election disputes >>> the new twist in the alleged militia plot to kidnap michigan's governor. the suspects in court today. the second governor they're now accused of targeting. >>> the election just 21 days away long lines as early voting gets under way in texas in virginia the major outage impacting the final day to register. the battle over misleading ballot drop boxes placed in california all as president trump and joe biden hold dueling events in battleground states. >>> apple joining the 5g revolution,

the antibody drug alone, last week was it, that el eli lilly filed an eua for that?yes, eli lilly and regeneron filed for emergency use authorization for their antibody drugs. the data that eli lilly has is for a different setting, for patients who are not in the hospital they were not receiving the antibody on top of remdesivir. we don't know if that led to these issues but that is a difference in the two settings. >> and we don't know if the person who got sick was on the placebo on received the treatment; is that correct >> that's correct. we content know that information in eli lilly trial or in johnson & johnson's trial at this point. >> where do we go here >> i am glad you asked that question and glad meg gave you that answer. clinical trials are going on all the time and they are stopped for whatever reason and we never hear about it because for obvious reasons maybe we are not all that interested in it. this is hyper focused. i can understand but with that said, lilly traded awful since the beginning of july look at it quickly, on october 27th they record the

and so i just want to say we have regeneron and a very similar drug from eli lilly and they are coming out and we are trying to get them on an emergency basis. we have authorized it, i have authorized it. and if you are in the hospital and feeling really bad, i think we are going to work it so you get them and get them for free. especially if you are a senior, we will get you in there quick. we have hundreds of thousands of doses that are just about ready. i have emergency use authorization all set. and we have to get it signed now. and you will get better. you are going to get better really fast. this is thing that nobody thought of a few months ago. the jobs that the scientists, the labs come everybody up done is incredible. in addition to that, you have other drugs that help a lot but i view these they call them therapeutic, but it just made me better. okay? so i want to get these things done. so we have to get them done. we have to get them approved and i want to get them to the hospital where people are feeling badly. that is much more important than the vaccine. but on the vaccin

eli lilly is that latest company to pause a vaccine trial.onws johnson & after a trial volunteer fell ill. chinese president xi jinping is bowing to open the economy and inh ahead as a global leader technology. he made the comments to mark the 40th anniversary of shenzhen as a special economic zone. former colonies of hong kong and macau. china must encourage more young people and teenagers from hong kong and macau moved to the mainland to study, work, and live. we should encourage more exchanges and integration among the young people, and strengthen their devotion to the motherland. laura: the european union has permission with $4 billion of tariffs over the ongoing boeing airbus dispute. they will likely hold fire until after the presidential election next month. global news, 24 hours a day, on air and at bloomberg quicktake, powered by more than 2700 journalists and analysts in more than 120 countries. this is bloomberg. wright ink, laura london. we will take a short break. we will bring you an interesting conversation, central banks very

real concern good what we heard from eli lilly, jon and th john& johnson and eli lilly. and home deliveries and home food deliver what do you think the ordereds are up germans are eating 47% more from this company the brits up 43%. and one more story, pearson, they concentrate on home learning so should be in a sweet spot and in many ways they were revenues year to day up 40%. the broader figures were still under pressure, but the switch to online learning really fell into something that they are trying to do especially with the north american course work sully, back to you >> i love that name, steve i mean they are not playing games. just eat takeaway. that is what they do deliveries up huge in germany apparently thank you very much. >>> back home, more headwinds for a potential virus treatment as yet another drug maker pauses its human trial. seema mody is here with that and more of your top headlines on this wednesday >> that's right, more concerns around the time line for a treatment and vaccine. we'll start with eli lilly, its late stage trial for the coronavirus ha

president is targeting smaller targeted stimulus bills do investors believe this is real progress and eliilly jumping as it applies for emergency use authorization and we'll spoke to the ceo about its progress and making covid less deadly and implications for the economy and now that the big antitrust report is out from congress and we'll take a look at what that means for the markets ahead. dom chu with more on the 100-point market gain. >> we've erases every single bit of loss that we had in yesterday's big selloff due to the non-negotiation of a stimulus package, but that skinny bundle, like you said of possible covid relief, has led to a 443-point gain in the dow up 1.5%. similar percentage gain for the s&p 500 holding right around the 3400 mark and the nasdaq composite leading the way higher, up over 1.5% many of those technology and communication services names remain in focus for the technology trade and the nasdaq. if you take a look at many so of the themes developing right now, one of them that has been getting a little bit more attention among traders as of late is the transpor

eli lilly is the latest company to pause a trial as a safety concern. it is developing an antibody therapy for those with severe cases of covid-19. this follows a similar move by johnson & johnson after a trial volunteer fell ill. house speaker nancy pelosi is calling on the white house to revamp its latest offer. mitch mcconnell is pushing for a smaller scale strategy that pelosi quickly rejected. mcconnell's proposal appeared to be opposed by donald trump, who tweeted, "go big or go home." blackrock's larry fink said the world could be greener if office buildings never reach full capacity again. speaking at an imf event hosted by bloomberg, he said if half of the workers returned to office, traffic could be induced in quality of life improved. global news, 24 hours a day, on air and at bloomberg quicktake, powered by more than 2700 journalists and analysts in more than 120 countries. this is bloomberg. matt: -- francine: apple unveiled the newest iphones promising they will be lighter with 5g technology. it hopes the launch of the iphone 12 will launc

eli lilly's antibody study holds an enrollment over a safety concern. the fda is saying that it is all part of the process. we will discuss with dr. jeremy faust of bregman and women's hospital. we will discuss why one electric truck start off is pulling off on many despite the need for millions of daughters to start -- dollars to start producing vehicles. stocks are weak today. we are seeing tach accelerating to the downside as we go along. concern about the stimulus package are heightened after secretary mnuchin said hopes for a deal before november 3 might be overly optimistic. you can see s&p 500 down .8%. there is the nasdaq down more than 1%. energy and industrials are doing well on the broad u.s. market, despite the warning from the iea that we may be heading toward peak oil demand in the next decade or so. we are seeing no help from tack across the broad market as is evidenced by the nasdaq. in toronto, energy doing well. tech is suffering. keeping eyes on financials today, the earnings they are offering up not enough to offset some concerns abo

dayana: algo que eli, le mantuvo preocupada.iÁrselas con los maestros. >> estÁn tratando de ayudarme enviÁndome las maestras por medio del telÉfono, que las hagan en papel y despues tomarles foto, ahorita es un caos con todo lo que sucediÓ de los fuertes vientos. dayana: angÉlica fue a la escuela de su hijo a buscar otro kit de internet con tal de resolver este problema >> para que ella pueda hacer su tarea de la escuela. dayana: a unos 17 minutos de ahÍ en la carretera cinco 80 oeste, los residentes no tenÍan electricidad, dos casas se quemaron, unas millas hacia abajo, todos los negocios permanecÍan cerrados por el apagÓn preventivo, causando complicaciones para quienes como javier han tenido que trabajar en la zona desde temprano. >> vamos a tener que ir a comprar de comer y damos una vuelta, todo estÁ cerrado. dayana: sin embargo notamos que los camiones de compaÑÍas proveedoras de internet, estÁn por doquier, incluyendo un camiÓn muy cerca de la vivienda de eli. nuestras cÁmaras estaban en la casa de los cuenca cuando resta

eli lilly halted antibody trials because of safety concerns.e discussed that and the state of covid right in europe. this is bloomberg. ♪ annmarie: very good morning to you. 6:15 in the city of london. hope for a quick virus care take another hit. eli lilly is the latest to halt clinical trials of its antibody therapy because of safety concerns. shares fell on the news and this follows johnson & johnson. they hit pause yesterday on its trial after a patient illness. several european countries are taking steps to control its record surge in cases. citizens are being called to make more sacrifices. bars and pubs are closing today in the worst hit parts of inland as boris johnson faces growing pressure to order a national circuit breaker lockdown. for more, we are joined by maria tadeo in brussels. czech republic, netherlands, what is the state of play across europe? seeing his you are daily restrictions when it comes to coronavirus. the tone has changed. last week, 700,000 cases, the most since the pandemic began. that is triggering all the gover

eli lily announcing its ending its previously paused u.s.l of its antibody drug in hospitalized covid-19 patients the national institutes of health found while the treatment pose nod significant safety risks it was unlikely to help with recovery. we'll talk to eli lily's ceo in the next hour and so much more. >>> separate news, a study out of england could suggest immunity of coronavirus is gradually wearing off. researchers looked at more than 365,000 randomly selected people and found more than 26% decline in covid antibodies over just three months so that's little bit concerning, especially for those who had it. i know i have a couple friends unfortunate lip who had it but also like supermen afterwards or at least often feel like they are. now questions about how long that superman status continues. >> andrew, we need to -- we can't just look at the antibody measurements we need to actually look at how they react to a new introduction of the virus with t cells and still have circulating b-cells theoretically that could remake the antibodi

liz: we need to take you back to look at eli lilly's intraday chart.lows of the session right now. the company has halted its antibody clinical trial for covid-19 due to an unexplained illness of one of its 60,000 -- one of its participants. i'm sorry. i'm not sure there's 60,000. so they have halted that. this was earlier today a $154 stock. it's getting hit to the tune of about 3.6%. it's now at $148.97. we are keeping an eye on it but look at the dow jones industrials. initially it too took a slight lit. we are still down 97 points but off the lows. all right. >>> investors have designs on ethan allen interiors after the home furnishings company guided for adjusted earnings per share of 34 to 36 cents, well above street expectations. so the stock is jumping 13.3%. the company releases first quarter results on october 29th. despite today's bullishness, ethan allen is down 7% year to date and some hedge funds have backed away from the company and the stock because they want to see a little more action. all right. >>> to cruise line operators. they are

eli, we're 19 days out. do tonight's dueling town halls actually help any voters, aor ae people just tuning in to watch the candidate they like? >> we'll find out. by not having another debate, the president is the one trailing in this race, and he is walking away from an opportunity to make his case against joe biden and for himself to 80 million or so television viewers. not going to get that tonight, even if he gets more viewers than the biden town hall. and whether that's a net positive or net negative for the prrkts we'll have to see. he stepped all over joe biden in the first debate. wouldn't let the former vice president talk all that much. had a hard time sharing the stage with him. and it boomeranged on the president. the president in a very static race actually saw his numbers go down more after that debate. so perhaps the smaller audience may benefit the president because fewer people will see him if he's turning in another manic performance. he's the one behind in this race who needs an opportuni

eli lilly has already applied to the u.s. food & drug administration for permission to put their drug on the market. it's not clear what this pause might mean for this application. what we know is that if, indeed, this is because a participant became ill, safety experts will do an investigation and they'll try to figure out was the illness a fluke or was it related to the vaccine? rosemary, back to you. >> thanks for that, elizabeth. >>> countries across europe are looking to strict new measures to help stop the spread of the coronavirus as cases on the continent continue to soar. italy on tuesday recorded its highest daily increase of new cases and is recording its highest number of icu patients since late march. germany's largest cities have all become virus hot spots over the past few days and today chancellor angela merkel is set to discuss new nationwide restrictions. in france more people are hospitalized in the icu now compared to last week and nearly 13,000 new covid cases were reported tuesday. meanwhile, in china a

this is an antibody therapy from eli lilly.rks similarly to the one president trump got that he said was basically a cure for the virus. this is when they use a medication -- it is essentially somone who already fought off the disease. in man-made antibody. it was in patients who are very sick. they stopped at for futility. does not mean it cause any harm, adjusted and help people. that is unfortunate because these are the sickest patients. trials are underway to see if we can get patients earlier in their outbreak, earlier after they are infected so maybe we can avoid hospitalization. maybe help them before they get to that sickest point. but now we know there is a point of no return if you get coronavirus and get something like an antibody, does not seem to be helpful. paul: all right, bloomberg health care reporter, michelle cortes, thank you. mattel says it is working with retailers to avoid shortages amid expectations of a stronger than normal holiday buying season this year. last week, the company beat expectations. but a

he has withdrawn from the cj cup in las vegas after his positive test the news comes as eli lilly says it's delaying an antibody treatment trial over safety concerns >> reporter: eli lilly working on a covid antibody treatment for those already infected with the virus confirmed they're pausing a clinical trial out of an abundance of caution after new safety concerns. >> i'm looking at this as a setback. >> reporter: with eli lil citing few details, this comes after johnson & johnson announced they're pausing after an unexplained illness. they follow as tras assure thscientif scientific, ethic cal, and medical standard is being applied here. >> reporter: the set backs, which are not uncome comes across the states 246789 states have now seen a 25% rise in cases. some doctors say this is no surge except a tidal wave of new infections. >> seeing some of these people not progress, multiple deaths, multiple days in a ro, it's really hard. >> reporter: new cases, now fatalities, are also resurfacing at nursing homes in rhode island officials are identifying a new cluster of covid infections c

eli lilly pausing a trial right now of its antibody treatment due to illness. this, after a second u.s. vaccine trial was suspended because a participant became ill. let's first go to kaitlyn collins. another night, another rally for the president in a state where covid-19 infections are rising. >> they are, wolf, but that doesn't seem to be something on the president's mind as he's attending these rallies as he is now back on the trail after being released from the hospital. some aides around the president were hoping this would be a reset for the president to seem relatable to voters who so far have rejected his handling of the covid-19 pandemic since he, himself, was diagnosed with it, but they are not

another clinical trial halted over safety concerns, eli lilly late stage trial has been paused by u.s. health regulation tors it used a health sample from one the first patients recovered from coronavirus i'll given you more details. because it leaves out something important. of the trials ongoing of the antibody, they decided to add remdesivir along with the antibody and that is when they had to halt the trial for some kind of safety issue but a lot of people talking about this is a different mechanism. this is similar to what president trump got. it wasn't a lilly antibody, it was a cocktail antibody from regeneron. but he also got remdesivir so it was the combination of remdesivir with the antibody where they saw some issues the anti-body tests are continuing i believe in the u.s. and haven't been halted. but astrazeneca and rejgeneron are also testing anti-body treatments and news of the pause of johnson & johnson. and according to reuters, u.s. regulators who visited one of the company's manufacturing plants in november of 2019 found in their words serious quality problems, the r

and tonight, eli lily is suspending its own trial of a key antibody treatment. here's abc's stephanie ramos tonight. >> reporter: tonight, eli lilly announcing a pause in its trial of an antibody treatment after a potential safety concern, now under review. it's a different antibody treatment than the one taken by the president. this latest setback coming just a day after johnson & johnson paused its vaccine trial when a volunteer became sick. it's not known if the illness is related to the vaccine. johnson & johnson now the second major vaccine maker to pause its trial after astrazeneca. >> my expectation is that they're going to sort this out and whether it's this vaccine or a different one, that we will have something approved for emergency use probably in november, maybe december. >> reporter: the need for effective treatments and vaccines more urgent than ever. this field hospital in milwaukee now ready to take up to 550 patients. wisconsin, one of 35 states where hospitalizations are climbing. 64-year-old ken holmes battled the virus for three weeks in the

johns hopkins is in eli shias district, or was, and he also said, took a colleague. before they could get into the room, omarosa met them at the door. >> okay. [laughing] >> she tried to hustle her way into the meeting, and elijah said that's okay, omarosa. we understand that you are more important things to do. so we will be okay with going into this meeting alone. >> mind you, she was in charge of anything and everything lack that this is not just a black issue. it just happened to be a black congressperson. go ahead. >> should ship not been invitede was trying to edge her weight in an ally is like no, we will be okay. he went into that meeting, and in that meeting he thought it went incredibly well. donald j. trump was receptive. they talk deeply about the issue. they talk frankly about who they were as people, at least elisha did. afterwards he left thinking that it went pretty well. that is until he saw the news coverage afterwards. in the news coverage afterwards he found that donald trump are going up to the media and lied about what he had said. he lied and s

that comes just days after eli lily said it would make the same eau request. coincidence? >> that may have had something to do with it. but they would have been doing this soon, anyway. and i think it's a matter of the two companies trying to decide who is going to get the leg up. >> dr. yvonne is involved in the clinical trial of regeneron at stanford. first, it's important to understand that monoclonal antibodies are basically an engineered version of the covid-fighting apt bodi covid-fighting antibodies produced by our immune systems. but still require testing. >> we know they work well and are pretty safe. but we just have to make sure with this new pathogen. >> with strong support from the trump administration, the fda has already issued several eaus, including one for the drug hydroxychloroquine, that was later reversed. still, there is interest in the antibodies as more than just treatment but possibly as a short-term substitute for a vaccine. >> scenarios where it might be very dangerous for someone to get coronavirus and having some kind of time-limited protection

. >> reporter: drugmaker eli lilly announced a hold on its drug trial tuesday.taken by president trump. since his return to the white house, the president has heavily promoted antibody therapies to the public. >> it's totally safe, but it's powerful against this disease. so we're going to get it out to you. >> reporter: the national institute of allergy and infectious diseases said tuesday that the eli lilly trial was halted following a recommendation from the independent data and safety monitoring board, and that the trial will be on hold until october 26th at the earliest. cbs news medical contributor dr. david agus says these types of pauses are routine. >> this is nothing to cause great concern. i think it should be the opposite, that the public should say this is amazing. they're really taking every safety issue to heart and looking deeply before restarting the trial, which in almost all cases they have done. >> reporter: the pauses come as the need for coronavirus treatment grows, with the rise in new cases in 37 states. a key driver, gatherings at places

watch this. >> so we have these drugs, eli lilly and the others that are so good. but they are, in my opinion, remember this, they're going to say that they are the putic. and i guess they are the praput. and i guess they purpose it's a cure. >> reven rgeneron is asking for approval for the drug that supposedly cured him. he took a number of things. >> stephanie, it isn't, as you said, he received remdesivir, the steroids. i want to provide perspective to people about why the president's claim that this drug that doesn't have trial data yet is actually harmful to getting the drug to the market itself. i've worked on the front line of multiple different pathogens or emerging infectious disease outbreaks. even in ebola, i took care of hundreds of patients with a disease with much higher mortality. any time there was promise of a new drug, your heart goes out. you want to get that access and have family members and patients to have that access. but the lesson every time in every outbreak has been if you start touting the benefits of a drug that don't -- the data yet d

>> i took the regeneron and eli lilly makes a similar medicine, you have the eli lilly version of it and within a period of 24 hours i felt very different, i think i could've left the hospital a lot earlier but it made a tremendous difference. markedly so. i felt very good. you would have sort of a sore throat to add to what we were saying but i felt really good after taking this for a period of time. it's a transfusion, not a shot. i'd like to send it to everybody, i said i'm going to send it to everybody that's got the problem and we're going to send it free of charge, including seniors of course. we're going to send it to everybody. >> did you want to leave the hospital earlier than they said? >> i did. they wanted to keep me from observation and make sure i was good, i was there for three and a half days, they wanted to keep me -- i wanted to leave after the first day, i really felt i was in not bad shape after the first day, i think i would've been in much worse shape had i not taken this medication. >> how long do they want to keep you, the doctors? >> i don't know exactly. i s

elie, your thoughts on this evening. >> mcconnell was wrong about one thing, there is something that the democrats can do about these justices if the democrats are not weak, and that is expand the number of justices on the supreme court to disincentivize the exact faustian bargain you just so brilliantly explained, okay. what we have right now is mitch mcconnell setting the house on fire, and democrats looking at the fire extinguisher and saying but i don't want to break the glass. it's been there since 1869. what happens if we break it. the fire extinguisher is how you stop this, chris. if you had many more justices on the court, the bargain that the republicans made wouldn't make sense anymore. it wouldn't make sense to grind government to a halt. it wouldn't make sense to destroy norms and normal order of things, and it wouldn't make sense to make a deal with a thrice married openly bigoted misogynist, it wouldn't make sense if all you were going to get is two or three justices out of 19 or 29 or 39. >> right. >> you have to disincentivize each individual supreme court justice. an

not elie mystal, the espresso is going at full blast. kind of goofy talk about super-precedents. legally there is precedents and that's it and they can be overturned, but judge barrett did sort of corner herself a little bit, according to some of her critics by making super-precedents, for instance, racial justice being something you're not going to overturn and not putting roe on there which contrasts what some conservatives have said. we expect a lot of that tomorrow. walk us through it based on your views and knowledge. >> look, i think brown versus board of education is safe. everyone seems to agree that whatever your judicial philosophy, that one you're not going to overturn, but what judge barrett has been clear about is that she thinks that a precedent -- her disagreement with the precedent, the idea that it's simply wrong, is enough reason to overturn it. currently on the court, there's only one justice who takes that view, and that's justice clarence thomas. everybody else says we got to have extra reasons. people have been rely

but the regeneron, was i view it as a cure not just a therapeutic eli lilly has great drug i spoke to the head of the company very much along the lines, of regeneron, and they work in a very similar way. the it is great. and what i am doing, is i am going to supply this drug -- it made me better i will tell you right now walked in didn't feel great, i think i would have done it fine without drugs, you know, don't really need drugs, they also like to give you steroids like a storied combination for -- because that stop the swelling, like a baseball pitcher would use a storied when his arm blows up want to stop swelling of the lungs in particular. and so they gave me a storied which is very easy thing to take, but no, i had tremendous luck with this regeneron, and eli lilly would have had luck what i am doing i don't know if you saw video i made last night. maria: a i did you said -- blessing in disguys. >> i can't be like biden enhancing out in a basement if i wanted to hang out in a basement i wouldn't catch it i meet lot of people i have to i am president of the country can't hang ar

dave ricks of eli lilly is watching. he's probably rescheduling. coming up a little bit later on bloomberg. ♪ ritika: with the first word news, i'm ritika gupta. amy coney barrett has been sworn in as a justice of the supreme court. the first of two required oath's was administered not long after the senate voted 52-48 to confirm her. every republican but one voted to confirm her. chief justice john roberts is to deliver the second oath today at the court. surge thatronavirus started with young americans has now reached the oldest population. , countiesto the cdc with the largest 65 and older population now have 19,000 cases per 100,000 residents, 60% higher than a month ago. china ramped up purchases of american goods last month. still, it is far from the target set out under phase one of the trade deal with the u.s. with three months to go in the year, beijing is a little more than 1/3 of the way to $170 billion in u.s. imports. global news 24 hours a day, on air and on bloomberg quicktake, powered by more than 2700 journalists and analysts in mo

that's regeneron, but again, eli lilly has something similar. the kind of things we are coming up with now are incredible. remdesivir, but that's a little bit different, works much differently, actually. but these things are absolutely incredible. i think i'm going to try doing a rally on saturday night if we have enough time to put it together, but we want to do a rally probably in florida on saturday night. it might come back and do one in pennsylvania the following night and it's incredible what's going on. i feel so good. >> sean: have you had a test since her diagnosis a week ago? >> president trump: well, what we're doing is probably the test will be tomorrow, the actual test, because there's no reason to test all the time, but they found very little infection or virus, if any. i don't know if they found any, i didn't go into it greatly with the doctors. we have these great doctors at walter reed, but you do rely on them, they are really fantastic talents and they came in from johns hopkins also and other places. i saw so many doctors look

coronavirus treatment.another se eli lilly suddenly halting its trial while hospitalizations trial while soar to record levels in more i eli lilly suddenly halting its trial while hospitalizations than a dozen states. soar to record levels in more than a dozen states. just ahead, the new warning from the cdc and what o just ahead, the new warning fro the cdc and what one state is now urging people to do over the holidays to holidays to control the spread. now urging people to do over the holidays to control the spread >> >>> disturbing twist. the fbi reveals the militia the fbi reveals the militia accused of plotting to kidnap accused of plotting to kidnap the governor of michigan also the go targeted virginia's governor.or targeted virginia's govern what we are now learning about their chilling their chilling plans and how hw they were planning to carry them out. they were planning to carry them out. all that, plus underwater all that, plus underwater explosion. explosion. one of the le of the largest wo bombs ever uncov bombs everne while being difused. >>> and the final countdown. co.

and eli and jason are staying for longer with us. return, the refusal by the white house to take its own coronavirus outbreak seriously. mirrors the administration's own mishandling of the pandemic nationwide and the national outbreak continues to worsen. plus donald trump back to where he was at the start of the pandemic, comparing coronavirus to the flu. we'll get reaction to that from kristen arquiza. and michelle obama's powerful new closing argument in support of joe biden. we'll have that later in the hour. "deadline: white house" continues after a short break. don't go anywhere. ♪ [ engines revving ] ♪ ♪ it's amazing to see them in the wild like th-- shhh. for those who were born to ride, there's progressive. i wouldn't be here if i thought reverse mortgages, took advantage of any american senior, or worse, that it was some way to take your home. learn how homeowners are strategically using a reverse mortgage loan to cover expenses, pay for healthcare, preserve your portfolio and so much more. a reverse mortgage loan isn't som

want to leave you with eli lilly, a lot of news has been crossing on eli.ings per share estimate, it was a buck 71. they came in at a buck 74. and then the revenue side, the estimate, $5.88 billion. slight miss, 5.74 billion. again, a buck 71 coming in on the earnings per share. so what's interesting about eli is that this is a company that they just had one of their antibody tests that was going through trials actually was pulled. they're saying that's a failure. that was for coronavirus patients that are hospitalized. but the company is saying that they want to continue with with trials on this antibody treatment for patients that are actually -- that are medium -- like moderate to mildly sick. there should be some kind of breath ahead for that when it comes to eli. a lot of crossing numbers many back over to you. maria: eli lilly shares down 5% as you were talking, cheryl. actually, as you were talking, the dow industrials popped. it's up about 60 points, even though caterpillar and a 3m which are dow components are negative. so we'll watch those stories

and what eli lilly did in stopping the trial, and remember, this is an antibody drug.rand that the president received. but same concept. but the -- by stopping the trial at phase one, they said this drug in this setting is really not much better than remdesivir which has the full fda approval for hospitalized patients. they have an emergency authorization for the nonhospitalized outpatient setting. hallie, an important point to mention, giving this drug is not easy. it takes an infusion. it takes skills. it's not going to my doctor's office and getting a pill. so i think there's still some logistic and probably reimbursement challenges, but it is promising. i want people to understand there's so much attention on all the treatments, we have many that are under clinical trial and in development. but the best way to avoid getting in a situation where you need the treatment, of course, is to prevent the virus from spreading. i would see the trial stop in the inpatient setting as a sign that this is -- this works. the fda and scrutiny of the data is working, and that's the

eli lilly pausing a trial right now of its antibody treatment due to illness. this, after a second u.s. vaccine trial was suspended because a participant became ill. let's first go to kaitlyn collins. another night, another rally for the president in a state where covid-19 infections are rising. >> they are, wolf, but that doesn't seem to be something on the president's mind as he's attending these rallies as he is now back on the trail after being released from the hospital. some aides around the president were hoping this would be a reset for the president to seem relatable to voters who so far have rejected his handling of the covid-19 pandemic since he, himself, was diagnosed with it, but they are not getting that. and instead, what we heard from the president last night and what sources say we could expect to hear tonight is the same thing he's been doing for months, which is down playing the pandemic while mocking those who are taking it seriously. after his own covid-19 hospitalization, president trump is back on the campaign trail tonight in a state whe

. >> elie, how do you see responses like? understand why senators like cory booker and others were frustrated by judge barrett's unwillingness to just give an answer. on the other hand, i am trying to think of ways this could have been answered more clearly, more transparently. and barbara, i'm interested in your legal analysis on this too. but ellie, i'm sure no democratic senator was surprised to see judge barrett be this opaque. >> no, i think people were shocked. it's usual for a judge to be evasive about questions that might come before the court, let's say about roe v. wade or the aca. amy coney barrett was asked does democracy exist and she couldn't answer. that's not standard. that's shocking. and that's dangerous. all right? remember, this hearing is not happening in a vacuum. all right? we have a president who has said specifically that he wants this judge on the supreme court to "look at the ballots." trump wants her to help steal the election and she apparently is keeping an open mind about whether or not basic ru