and moderna surging in the pre-market it has become the first market to release a potential coronavirus vaccine. it sent the viles to now be tested on humans >>> stock futures well off the highs. the dow opening up about 80 points here. mark, i've got to ask maybe this first. are you playing offense or defense? >> we are staying in the neutral zone not going either way that heavy right now. there is too much uncertainty. i think investors are changing the fear question from the greed posture we have seen last year, even to january. those people playing ping pong are the ones that will lose out here we don't know the duration of this or how wide spread it is. to wake up every day and put more money on the table is to say it will be black today and red tomorrow is not solid strategy looking at the economy and understanding that this virus will run its course and impact its short run. think longer term and stay out of the short term donald trump tweeted yesterday, the coronavirus is very much under control in the u.s we are in contact with everyone in relevant countries. the cdc working ha

and i speak to all the pharmaceutical companies and they keep coming back to moderna.hat's how we had on today, though, is all about gilead people kept saying that gilead has got the anti-virals and that's going to prove all right. i -- that may not be the case. but moderna is most likely to have a vaccine because they do all that great work we talked about with amazon web services so moderna is a likely way to bet on a -- on a vac keecine and right now, gilead. like, wow, gilead's working. i said as a cheap stock, i told you to buy gilead earlier this week i said buy gilead. up nicely today. i think it is likely we will soon see drug shortages in this country. and then we will have surge pricing in the u.s., as we are too dependent, ridiculously so, on pharmaceutical ingredients made in china. and i am angry about this. it'll be just one of the many more shoes to drop in this epidemic because we are so dependent on the prc much more "mad money" ahead. last year, companies lost more than $1.7 billion because of e-mail scams basically, small businesses that are set up t

and moderna has sent doses of its vac even to the institute for testing. dr.auci talking about the time frame for when a vaccine would be available. >> getting a vaccine within a phase one trial within a 3-month period. you need three months to determine whether it is safe. once you do that, you graduate to a much larger trial. the ends of the number of people in a phase one trial is 45. when you go to a phase two trial you are talking about hundreds if not thousands of individuals to determine efficacy. that is a trial we'll have to conduct in the countries and areas where there is active transmission. that itself even at rocket speed would take at least an additional 6-8 months. lou: three more countries, austria, croatia and nigeria confirming cases. there are more than 2,700 people dead from the virus. 80,000 infected. with 97% of those cases in china. 28,000 have recovered. the united states holding status quo the last 24 hours. no new cases reported and no one else reported as recovered. our next defendant briefed the senate today and will be briefing th

winners alpha pro tech a company that makes masks and other protective clothing up big time so is moderna a biotech company which is working on a vaccine to the krona virus now let's go to our financial correspondent yens course in new york for more. we talked about this yesterday we said we weren't sure how to look at the sell off on monday until we saw tuesday what happened here we are how should we look at this. well this was clearly a sea of red and that was unexpected that after the drop on monday we saw another almost $900.00 point drop in the dow jones industrial average off the chips gave up over a 1000 points on monday so at least by points those have been the 2 worst consecutive days in wall street history not in percent but by a point where we have more and more companies coming out with warnings in connection to the coronavirus credit card company master card for example we have the retail chain macy's saying that supply chains could get affected so clearly the economy will take a hit how strong we don't know but that it actually puts quite some pressure on stock markets at th

specifically, he talked about moderna, a company that has an experimental vaccine. he didn't name it by name, but he said the u.s. company has submitted that vaccine to the nih. nih will then have a candidate which they have selected and over the next three months or so, work on that vaccine there. you can see their stock price actually up today because of this boost. again, the secretary believing that there could be a vaccine approved within a year but again, that's a year and the cdc as you know, telling the americans to brace for a potential outbreak here in the united states. back to you. liz: edward, thank you very much. edward was just mentioning that alex azar said we have 30 million face masks, we need 300 million face masks. here are the names. mche cakehe cans -- mckesson, honeywell, these names are down. could it be because we don't have the possibility to ramp up quickly enough? 3m down, honeywell lower as well as mckesson. as we watch the markets, we are only slightly off where we were at the top of the show. we do have the dow jones industrials down 7

es la urna moderna. >> estoy segura que así quiero votar. >> presiones el botón verde y ya >> si prefiere cubículos para su voto en secret o >> la mete al sobre y tiene que firmar. >> las boletas estarán disponibles hasta el tres de marzo >> una semana después y trabaja 24 horas al día y pasarán cientos de miles electorales y mandaron por correo >> en el padrón, alguna noticia . la ley permite que se registren ahora. puede registrar a esto mucho mejor. >> podrá cambiar de partido si así lo decide, sandre bermúdez >> encuestan como precandidato que lleva la delantera seguido por elizabeth warren en segundo y tercer lugar. 12% michael bloomberg y todos estos precandidatos estarán en el debate presidencial en las vegas >> los rumores bajan en el gobierno de donald trump y se trata del procurador y va a considerado renunciar a su puesto por comentarios del departamento de justicia que hace el presidente . >> el departamento de justicia es independiente de estos tuits y órdenes del presidente. >> ha estado bajo la lupa. según el departamento de justicia, desautarizar para una pena más leverkus

moderna is a nice one to sell half i really believe in moderna but that doesn't mean you shouldn't be. >> let's take a look at the 10-year yield. i mentioned this in the mad dash, just to see where we are on the 10-year we're in new territory on yield. there it is. 1.26 >> wow >> obviously the financials have already been reacting to a certain extent to that there's plenty of liquidity in the system, though, plenty everybody read kevin worsh's editorial in the journal today calling for a cut. >> the title is "the fed can't wait to respond. they want an assurance cut here. some say auditioning for the chairmanship one day. >> when you read the entire editorial and criticizing the '18 raise and talking about the cuts in 2019 that took place and the fact that there's notner lny as much ammunition given where fed funds are, far lower than they were at the beginning of the crisis. >> as we've been saying for a long time, what's left in the toolbox? you look at these reports out of germany today, how they're considering possible stimulus. eunice mentioned the payouts hong kong, $15 billion

bottom line i want to be more aggressive, beav in a moderna's vaccine works, that zoom is the way to work at home, then i will have more stocks to recommend as the market dose down right now i would feel more comfortable if there were more pain in the market to reflect the true ugliness of the situation. not now. not yet. will, in hawaii. will >> caller: thanks for taking my call. >> of course. >> caller: i want to diversify and get some health care the health care insurance stocks like you united health again have negative political pressures. for new money going in now do you feel rather a drug company like bristol-myers is better postured better here or does it have a higher -- it has a higher p/e and lower eps than johnson & johnson. >> i like bristol-myers. it has a 3% yield. why is it going down bernie sanders people feel bernie sanders has put a target on the back of all the drug companies bristol mice goes to 58, 59, before my trust will say got to buy more jim in virginia jim? >> caller: pleasure to talk to you. >> same. >> caller: i have listened to you for quite a while. i

borja: los diarios abrÍan con la noticia de que hay una farmacÉutica estadounidense, de nombre "modernael coronavirus a una agencia federal para sus primeras pruebas en humanos. estas pruebas se realizarÍan a finales de abril, e intentarÍan ponerle estas vacunas a personas que sean sanas, aproximadamente entre 20 y 25 voluntarios. carolina: tomarÍa de 12:00 a 18:00 meses para finalmente darle luz verde a esa vacuna. muchos dicen que podrÍa ser tarde porque vemos gran parte del brote en este momento, pero ante la preocupaciÓn estados unidos, la administraciÓn trump le pidiÓ al congreso que apruebe por lo menos $2,500,000,000 para combatir este virus. gran parte de ese apoyo vendrÍan de la transferencia de fondos ya asignados a otras agencias gubernamentales, y se enfocarÁ en la adquisiciÓn de vacunas, suministros. borja: hablamos del coronavirus que afecta a muchos paÍses del mundo, y precisamente a esta hora hay 1000 aislados en un hotel de espaÑa donde se alojÓ un mÉdico italiano y su esposa, ambos infectados con coronavirus. veamos la situaciÓn en ese hotel. reportera: lo que supuesta

gregg: the company moderna has come up with a vaccine. it has to go through a series of testing. when did that begin and how long does that take? >> well, there are multiple stages to the testing and that's sometimes confusing to people. from the time we got the sequence which the chinese published on a public data base until the time we go into clinical trial where we inject into the arm of a person to see if it's safe, generally that takes a long period of time. we are projecting we'll have the first person with the phase one test in that person probably within a period of about a month and a half. we predicted it would be about three months. that would be the quickest min has done that. but when you finish that, it takes three to four months to see if it's safe. then you go into a much larger trial. we are moving very quickly. we won't have a vaccine that's deployable for at least another year and a half. in a meaningful way. gregg: people hearing that are a little bit scares, i manage. we can't get a vaccine for use for a year and a half. what do we do then? while i ask that

the nih is working with biotech company moderna on a vaccine said that could be ready in two and a halfell. that is incredibly safe but it still needs to go through safety and etfficacy trials there are questions about how to manufacture it on a larger scale. large pharmaceutical companies are also in the race johnson & johnson said it had started working on a coronavirus vaccine in mid january and now also has the support of the u.s. government through barta it puts the time lines to have a candidate ready for human testing at closer to about a year additionally the nonprofit sepi is supporting multiple programs, the university of queensland, moderna, gaks co-smith klein and others it could be months before we see human testing but companies are moving so fast >> thank you very much we'll dive right into that question and bring in the ceo of cu curevac, one of the few companies working on a vaccine as meg just mentioned. welcome and thanks for joining us >> thanks for having me. glad to be here. >> so where are you in this process of developing a vaccine for coronavirus? >> we've moved

. >>> rodeado de arte urbano describe como una taquerÍa moderna, el chef juan barajas pone su pasiÓn. >>> lo que mÁs le apasiona es hacer algo distinto a lo tradicional. >>> vamos a hacer un con tacos. >>> el pulpo precocido en agua hirviendo lo mezcla con papas que cocinÓ con mojo de ajo con un chile. rÁbano sandÍa y brotes de cilantro. la masa para las tortillas con un purÉ de palomitas de maÍz. ya lista la tortilla le pone una base con purÉ de base morada. agrega chimichurri rojo. chile serrano, albahaca y una pa pata frita. >>> son tacos modernos, no es lo tradicional que se vende. >>> para agregar otro toque mexicano, el chef acompaÑa con buen cÓctel oaxaqueÑo. y como lo anticipamos esta combinaciÓn mar y tierra no decepcionÓ. rubÉn pereida, noticias llemundo. gamos al final de esta ediciÓn de noticias telemundo. muchÍsima gracias por el privilegio de su tiempo. ya comienza exatlÓn aquÍ en telemundo y las noticias no paran. noticias telemundo siempre con usted este fin de semana con julio vaqueiro. buenas noches y muchas gracias. ♪. ♪. ♪. >>> ayer en exatlÓn estados unidos se vi

some other big movers, gilead sciences and moderna. a lot of that has to do with the coronavirus.a look at how they have been doing the whole week, look at that, up 8% for gilead sciences. that's primarily because they are working on phase three of their study and this is a particular drug so they are really progressing with that. then you have moderna, too, up higher for the week because they have also just received -- higher meaning almost 30% higher -- they also received new funding to work on a possible vacci vaccine. so you have that coronavirus stuff out of the way. let's talk about other bright spots that have nothing to do with this big virus that's taking the world by storm. etsy append square, i know you long on etsy, doing quite well, better than expected earnings. double whammy when it comes to revenue and earnings. you had a lot of analysts weighing in saying they believe the stock is going to climb higher. deutsche bank seeing a $65 price target. right now it's at $58. we are talking about square, that's the payment company, jack dorsey is the founder of that, their

. >> moderna's numbers are higher after confirmation it shipped its first batch of coronavirus vaccine to the next ih a small temporary vaccine may be by the end of april. this is incredibly quick for vaccine development and you're seeing moderna's stock up almost 6 1/2% on the news. >> thank you very much let's talk about this as well. biotechs, anybody out there in the market in the biotech space? >> yeah, the problem though with the biotech space is you have headwinds that are political so biotech and hmos, you have those headwinds coming then you have the tail winds of maybe a vaccine. but the problem is when you look at the charts, they've already given back all of those moves. meg just talked about a stock that rallied aggressively a month ago based on a vaccine and then came in aggressively or more so. so you can't trade it off vaccines, you have to trade it off political headwinds, and i still think the base is still a sell on every pop. >> sell on every pop. >> this sector, in my view, was going to do quite well up until about june then you end up with these political head had

moderna uses amazon services to food on out which services work.egeneron is another great vaccine company. they're the ones that beat ebola. fourth, nvidia used for gaming, data center, machine learning, artificial intelligence all things that will keep working regardless of the epidemic, and if you get sick or i get sick and gaming is the ultimate stay at home entertainment. i don't want to risk owning individual game publishers so nvidia is better. fifth is ring central. some owners stay ring central, how can i help you because it's a cloud-based communications software play businesses bring in ring central so their employees can stay in touch with customers where ever they are and whenever are they are and whenever they want to be reached. isn't that what this is about? this is a stay at home company no wonder it rallied today i'm blown away by this business. vlad is going to impale the shorts couldn't resist. sixth, shopify another small business empowerment story. so many people work and sell their businesses from home you have to say home now

on a yaer to date basis, gilead is up about 12%, moderna up about 27%. a lot of optimism being built into these type of companies netflix, this notion that if people end up staying in more, not traveling around, what do they do with their time? do they stay at home and stream video? that might be part of the thesis behind why net lix on a year to date basis is still up 20% and in the last couple days moving to the upside. another one to watch here is carly fiorina, you guys were just talking about it, will it actually curtail business travel what if people do hypothetically cut back on travel for business and go to video conferencing zoom video, a recent ipo from last year that does video conferencing, those shares, 71% to the upside in the last few days does coronavirus play to that thesis and one other place that might be directly tied to the floo it to quality and consumer staples, also perhaps to some products. check out what's happening with clorox shares. year to date up 13%. in the last couple days, weeks, a sharp move to the upside why? it's a di

. >> josÉ, serÍa no solo la primera vez que un expresidente mÉxico de la epoca moderna es investigado12 con grandes expectativas entre la poblaciÓn, sin embargo, cuando terminÓ en el 2018 se fue como uno de los mÁs impopulares entre otras cosas por la corrupciÓn. >> siempre sonriente como estrella de televisiÓn se veÍa a enrique peÑa nieto en sus acto de gobierno, hoy quizÁ la sonrisa desapareciÓ, segÚn the wall street journal estÁ bajo la lupa del actual gobierno por corrupciÓn. >> para armar una estructura delictiva de ese tamaÑo, no la puede hacer solo. >> el fiscal se refiere al exdirector de petrÓleos mexicanos emilio encarcelado a la espaÑa a la espera de extradiciÓn lo acusan que recibiÓ 9 millones de dolares en sobornos del gigante petrolero odebrecht para la campaÑa de enrique peÑa nieto entre otros actos de corrupciÓn. >> le dan la imagen de lo que era una conducta de poder. >> andrÉs manuel lÓpez obrador ganÓ la presidencia porque los electores no votaron por el partido de enrique peÑa nieto, cansados de los escÁndalos de corrupciÓn, andrÉs manuel lÓpez obrador prometiÓ que

and then mench's gillaac and moderna.e been with them since they were working on a vaccine for cancer dial up a possible vaccine obviously, a vaccine, you just don't turn it on i will give you one. regeneron changed its tune it had the cure for ebola. it is saying, hey, look, something on the horizon, we'll be okay. i can't be as negative i know macy's is jarring yesterday. they gave you a corona virus let's listen to tjx. maybe they don't give you the caveat i come back and say, if you bought nothing look at that top name. >> nothing to do with the corona virus. >> that's a mental virus >> 120 odd things. >> let's not be too personal, david. >> stay away from me with your homonym attacks, please. >> i didn't mention a name am i optimistic? no i'm not as negative as i was when i came into this thing hating things. i'm not as negative, how about that >> we have a press briefing at 6:00 >> i'm trying to move that because of "mad money. >> in beijing, hi. >> hey, guys, china's upper echelon of the communist party confirmed a

biotech moderna. they have shipped an experimental coronavirus vaccine to the u.s. government researchers so if it's possible, not sure if we can bring up the share price, that is trading much, much, much higher today, about 15% higher and a lot of the chip makers, too, we have to talk about. many people here on the floor tuesday as well as monday were getting into micron amd because they felt they were incorrectly getting sold off. that comes back to the whole focus of a lot of these selloffs were not due to fundamentals but more so fear and look at that, you are seeing all green, all 11 sectors back in the green. i will throw it back to you. i'm sure i will have more stories. it's easy to go around and chat with these guys. stuart: keep them coming. all good stuff. very good stuff. keep them coming. show me alibaba, please. look at that. we call that china's amazon. again, if you've got people restrained in their homes, you can expect some increasing activity and business for companies like alibaba. i'm not sure how they get deliveries made in a lockdown situation

. >> ninguna es de las que usaba mi abuelita de paja que se tejian estas son modernas, . >> sí . >> bueno

>> como latinos es una tradiciÓn, lo que pasa es que estamos en una generaciÓn un poco moderna y pidens es muy importante la decoraciÓn los colores, pero la moda tiene que estar presentes. >> bueno, para no restarle importancia la moda es uno de los elementos mÁs importantes. creo que es la primera e idea que tienen las chicas antes lo tradicional era el bordado la falda bien grande, pero como mencionabas anteriormente ya se rompen todos los esquemas todos los protocolos se quedan afuera, lo que ahora buscan es tema o comodidad. y sobre todo que resalte la personalidad de la niÑa. >> okay vamos a hablar de las tendencias y tÚ me vas a mostrar las modelos de una. >> tenemos a la primera modelo que su tema es rockera de los 50. >> me encanta! >> esta chica es una personalidad superdefinida. >> me encanta. >> busca comodidad estilo por supuesto y lo que hicimos fue combinar la falda de gran volumen con toul y con la chaqueta de cuero. >> es como un grease moderno para ponerte un tema. >> lo adoptamos. >> eso me gusta mucho. >> esa chica busca comodidad como vimos en la referencia de ella,

how much money can moderna make on it, i don't know.businesses that aren't doing well, maybe it's entirely possible that the mask could mask the rest of the decline. but i don't really want to -- you pay it up five, good luck. you can't even get -- it takes -- on amazon you've got to buy from a third party and arrives march 3. >> and $90 and that's assuming that these are really not counterfeit too. >> someone got ahead and bought a lot of them. i know i'm buying from a third party, not effective. >> jim, thank you. we've got to run so c gweanet to you in just a couple of minutes. we'll see you right after this >> thank you ...i...i don't know... when did we introduce siracha? not soon enough. these are our sales... by product, by region... ...set against evolving demographics. you can actually see taste- trends. since when can we do that? since we started working with bdends. (announcer) people who know, know bdo. every time it takes care of something for us, we celebrate. how often does that... got it. servicenow -the smarter way to w

but investor focus this week has been on us biotech firm moderna.ady shipped vials of an experimental vaccine for phase one testing. that announcement has sent its share price soaring in the past few days. we have the vice president of a data analytics company. all eyes around the world are on the development of a vaccine. talk us through the process and how soon we can expect a vaccine? it normally takes about eight to ten years to bring a drug or vaccine to market. you have to go through discovery and preclinical phase and then you move to human clinical trials which is what we hear is happening now and then regulatory approval and then you have to bring it to market so it is quite a long process traditionally. do you think the current situation of crisis in many places will accelerate the process that normally ta kes yea rs ? accelerate the process that normally takes years? yeah, absolutely. the way you accelerate the processes by building on what already exists and thatis building on what already exists and that is what we are hearing about in

the head of investment strategies >>> the drug maker moderna shares rose almost 20% on the back of the announcement the spread of the virus has intensified with more than 80,000 cases reported worldwide. that is 10 times more than the sars outbreak. >>> coming up, warren buffett warns of the impact but he still says he sees a buying opportunity. find out why after this break. my gums are irritated. i don't have to worry about that, do i? harmful bacteria lurk just below the gum line. crest gum detoxify, voted product of the year. it works below the gum line to neutralize harmful plaque bacteria and help reverse early gum damage. gum detoxify, from crest. >>> welcome back warren buffett has called the coronavirus scary stuff. he said stocks shoiuld not be sold off because of fears. and that the virus has not changed his actions. >> it doesn't mean stocks are going to go up or down if you liked to own american businesses, you get a chance to buy them 3% cheaper. i don't consider that that much cheaper. if you have to sell them, you are worse off. somebody could come around and offer you

. -- moderna.nt things but they are in the headlines because of coronavirus. health care is a super interesting sector. it is getting hit because of the election noise. there is part of the sector that one wants to avoid. the insurance providers would be parts of the health care we are avoiding. buildt opportunity to into positions on medical devices. we own a couple of companies that we can now do open heart surgery, we are invested in a company that can take a recovery time from that from two weeks to one day. the other bucket would be in the genome space. there are many ways to attack that space. the big picture is it used to take 15 years and $3 billion to decode human dna. we can now do that for $100 in a couple of hours. only are 7 billion people, one million have had their genome mapped, and those have been in the last year. we are on the precipice of getting all this amazing data. we like the information gatherers. we like the companies that are bending the cost, that would include companie

gregg: the company moderna has come up with a vaccine. it has to go through a series of testing.es that take? >> well, there are multiple stages to the testing and that's sometimes confusing to people. from the time we got the sequence which the chinese published on a public data base until the time we go into clinical trial where we inject into the arm of a person to see if it's safe, generally that takes a long period of time. we are projecting we'll have the first person with the phase one test in that person probably within a period of about a month and a half. we predicted it would be about three months. that would be the quickest min has done that. but when you finish that, it takes three to four months to see if it's safe. then you go into a much larger trial. we are moving very quickly. we won't have a vaccine that's deployable for at least another year and a half. in a meaningful way. gregg: people hearing that are a little bit scares, i manage. we can't get a vaccine for use for a year and a half. what do we do then? while i ask that question, also there have been repor

maria: you're talking about the efforts of moderna, gilead sciences is working on something.rdinary if we had a vaccine in place by april. >> it would be. i was thrilled to find out we're that close. this is coming through nih, who is coordinating these types of studies and doing it appropriately. i think we should be patting ourselves on the back. we have had no deaths in the united states of america. we are leading the world in this as we usually do and i we should be praised for it. it's a shame some people are trying to turn this into a political evidence only. -- event. you know what, they're not offering solutions. they didn't say what they would do better. if they do, a lot of times it's been hypocrite call. maria: there's also leaking going on. i want to ask about the fight for the fisa reform. we have the picture of the oath of access to classified information that you all have to sign, being in the house intel committee. you have to sign that you are actually going to keep the classified information that's coming into the committee and yet it keeps showing up in the

. >> combating virus, moderna shares, first experimental vaccine for human testing. >> mortgage ratesected to continue to fall amid virus fears. we'll take a look at what to expect. >> virus fears, stocks now positive, dow up 80 points coronavirus numbers continue to climb. now exceeding 80,000 with deaths surpassing 2700. live in beijing keeping us up to date on headlines eunice yoon. >> reporter: sara, another province downgraded its emergency response level for the most part back to normal state tv reported china is going to throw an additional $71 billion in funding to small and medium-sized enterprises and this is after authorities earlier in the day had said that the rate of the resumption of work for smes was only 30% the government had also said several projects in railways, airports, as well as highways had stalled. a lot of that is because migrant workers are really -- the people who do a lot of that work and reluctant to or restricted from traveling. the authorities here have a difficult task, which is they are obviously trying to get people to go back to work at the same t

. >>> we end with moderna. a coronavirus stock.a vaccine but the company saying it will sell 26 million more shares at $19 each and that's hurting the stock today, down nearly 11% the >>> oil is closing for the day crude rising more than 2%. wean that gain still down 15% so far this year. oil stocks have been hit even harder the exo etf has been down 20%. how bad will the impact of the coronavirus be on global economy and on demand. brian sullivan joins us now >> let's go through the numbers. even with today's little pop a pill of a year for oil stocks. coronavirus scare sending more shockwaves to an already oversupplied oil market. the question you asked is how bad is it and how bad might it get? china is the world's conbiggest oil importer about 13.5 billion barrels a day. oil demand is dropping to 200 million barrels a day depending on estimates you look at or you believe. something interesting is heaping. three lines on this chart. one is oil one is the exop etf and other is xfi, china's big cap etf this is china. in the last s

moderna. mode rna that's why it is called that anyway >>> the latest, the cdc is raising the threat level in south korea and warning americans not to travel there as it remains the biggest hot spot outside of china a cabin crew for korean air has tested positive for the virus. the detailed routes flown have not been made public yet they plan to test more than 200,000 members of a church at the center of the outbreak there. in italy, imposing restrictions on hundreds of thousands of people paramount pictures has halted production of mission impossible 7 starring tom cruise that had begun a shoot in venice. going to eunice now. good to see you. >> good to see you too the country has a long way to go to get back to work as business as usual authorities have said the resumption of work isn't ideal the ministry of information technology and industry said the resumption of work at small to medium size companies is only at 30%. transport ministry said projects have stalled for railways, airports have

is a stock trades up constantly i spent a lot of time with moderna when i was at the jpmorgan conferenceying they could have something in a couple months and the reason is because all they do is this they personalize vaccines and they have hope in cancer they work with amazon web services to try to come up with a huge number of possibilities, so i understand that i look to that [ bell ringing ] >> there is the opening bell and the s&p 500 it's generac maker of generators for homes and businesses celebrating its tenth listing anniversary, at the nasdaq the bowery mission helping the homeless since the 1870s. morgan stanley downside should be limited to 3100, upside to 3500 as the liquidity driven bull market remains in charge. >> every time we see that downtick in interest rates, you keep coming back to okay, i want to be in i2.7% yield you start lowering what kind of yield you need and companies you didn't regard as being yield oriented suddenly become oriented which say lot of the s&p, because they've been serial increases, because ever since the great recession, companies have been rep

moderna said they've got a vaccine, it's ready to go.dent he seemed optimistic that vaccine could work faster than people think. stay at home players, teledoc, ring central i like verizon and att cash flow is excellent it's fallen way too far. verizon steadiest out there. pick one, buy one. but i'm urging you to have a lot of cash on the sidelines and put money to work gradually. there will be more bad stories, buy slowly in stages next week is stage one, more stages at other levels if you don't have that cash, sell something like behad this afternoon, why because i think you want to have the cash to make good, if not trades, but investments when this is almost over. angela in new york >> caller: jim, i'm calling about starwood property trust. i know the stock's been going do you know down but with a dividend yield of 7.9%, is this a good buy >> i think he's a smart man and saw a lot of this coming and the answer is absolutely i of course want barry to come back on because he's so good but, yeah, that decline seemed to be unwarranted and

remember, moderna has put out the first test vaccine for this. it submitted the sample to u.s.egulators for testing on later this year. companies like clorox, there's a renewed focus by some investors on things like bleach and disinfecting wipes and remember this, amazon has told its third party resellers and people on the platform that they cannot gouge for prices on things like masks and everything else. so again, a lot of story lines are coming together because of the coronavirus. >> a lot more on this network and on "nbc nightly news" and while the president talks about the press conference he means a media statement. we don't know what it will look like later on tonight. but i know you'll both be watching it closely. thanks to both of you for being on the show. >>> we have a lot more coming up. will bernie sanders for example be a drag on down-ballot democrats? more on what the house speaker is saying about that as one of her democratic colleagues ro khanna joins us live next. >>> first look at two girls who are changing the world. two young ladies who only need to go by t

moderna working on vaccine. they're all trading higher much to do with the coronavirus. back to you guys. melissa: thank you. connell: talk about this a little bit. strange environment to try to invest through. jonathan hoenig joins us, capitalist pig hedge fund founding member. scott martin, kingsview asset chief managing officer. both fox news contributors. more, scott, seems like behavior human behavior component, instead of reaction on the virus itself -- give a long island example illustrates the point a little bit. today in new york officials came out hey, we have 83 people we're monitoring. none of the people we're looking at have the virus we know of. everybody we tested are negative. but we're keeping an eye. they have been to china. we want them to stay inside for a while. on that, kristina says, the market sells off. people might not go out as much but behavior, reaction to the story even if it is not a big story becomes the story. how do you work through it? >> i work through it similarly how i did on my way over here. i was coughing on the way over on the st

i really love them i love management and it's not hyped, moderna.use rna blueprint, turn yourselves against it. this company is down substantially since they said they have a break-through and to me it's ridiculous it should be up. they're very good. >> okay. most of the market's down. >> yes >> s&p is down >> activision. >> atvi is not down? >> no, "call of duty" really shined a huge pickup in "call of dude . from wha a fr what a franchise >> what about take two >> wwe on execution, nba 2k they felt was a problem in execution, and that's hurting the stock a lot of people are so used to perfect numbers. it wasn't perfect. so it's not hauser departing, because his brother is still very much in charge. dan hauser is very good. >> take two right now, the worst s&per, ebay is not that far behind, david. >> earlier in the week "the journal" reporting that ice, again owner of the new york stock exchange amongst others had interest, had approached the company. yesterday jeff sprecker chairman and ceo on the call went into detail what they might have wanted

a drug maker moderna shipped vials of the vaccine to government researchers and a clinical trial couldpen as early as april. the white house is taking steps to stop a potential global pandemic risk, requesting $2.5 billion from congress. vice president mike pence says the administration's priority right now is the safety of americans. >> we immediately instigated screening at five major airports across the country. we required people to participate in quarantined to ensure that the coronavirus doesn't make its way into the united states. we first and foremost have taken unprecedented action to protect the health and well-being of the american people. >> reporter: that's what the vp says. democrats, though, say it's not nearly enough. house speaker nancy pelosi slamming the president as he's overseas right now. in a tweet overnight, she wrote, americans need a coordinated fully funded whole of government response to keep them and their loved ones safe. the president's request for coronavirus response funding is long overdue and completely inadequate to the scale of this emergency, she s

. >> i was going to say, i didn't have us making such a quick pivot from nike to moderna. >> i'm tryingo cover everything here. does anyone know modena? lamborghini, that restaurant there, cheese capital of the world. i'm surprised you haven't been there. >> i wish i had. >> i got to see it. >> met them recently, though, highlight. >> volatility, stick around for pete's two new trades and unusual activity coming up next. as a reminder, watch or listen to us live on the go on the cnbc app. we're back after this. so you can quickly check the markets? yeah, actually i'm taking one last look at my dashboard before we board. excellent. and you have thinkorswim mobile- -so i can finish analyzing the risk on this position. you two are all set. have a great flight. thanks. we'll see ya. ah, they're getting so smart. choose the app that fits your investing style. ♪ ♪ yes i'm stuck in the middle with you, ♪ no one likes to feel stuck, boxed in, or held back. especially by something like your cloud. it's a problem. but the ibm cloud is different. it's the most open and secure public cloud for busi

moderna has release a new vaccine to test on coronavirus. they have to be cautious about promising what their results will be. that's the risk they take. but they're also in business to make a profit. >> has the ability to quickly jump in with an existing molecule and an existing drug and potentially treat the pandemic. they will do that at some cost to them, because it's the right thing to do. >> the ceo of san francisco's kenzo, which uses artificial intelligence to track and predict the spread of flu hopes the u.s. will look at other technologies. >> there also needs to be effort on protective mechanisms, detection mechanisms, prediction mechanisms so that we can say hey, you know what? it is actually going to be bad, or it's going to be worse in two weeks, or this locale is going to get hit. or i can talk to a consumer within hours of their symptoms so that we can help get them better. >> according to gilead, its clinical trials are going to focus primarily on the drug's ability to reduce fever and to keep oxygen levels, blood oxygen lev

look today, down 7%, as a big reversal has happened in those shares another one, moderna, credited with having one of the experimental treatments that could attack the coronavirus at some point those shares were up strongly last week. down 10% another reversal there netflix, online streaming, could they be a beneficiary, people stay home, stream more video it was positive but today down about 1% in trading so far today. the one standout that's still trying to hold on to that upside momentum has been in zoom video. now they're down 7% as well. you can see earlier today they were higher. but some of these coronavirus winners so to speak have been reversing. we also want to look at what's happening with the energy sector overall. look at the spilder. the ticker xle there at a ten-year low on pace for its worst week and month since october of 2018. meanwhile, oil is continuing its slide. wti benchmark crude down 16%, on pace for its worst week since december 2008. could we see energy and technology the two worst performing sectors, if there are bounces, could those be one of those places we

mow d moderna getting a big boost there, saying its drug appears to be potentially something that couldwell. back to you guys >> all right bertha coombs, thank you >>> guys, we've been talking about the market action, major indices continuing to find new lows this morning. we're down about 366 points on the dow. that's 1.3%. similar levels on the s&p. nasdaq faring worst of all, down 1.4% bertha was just talking about some of the names there that are suffering the most a few things higher but not much >> the vix almost to 27. got to go back to 2018 to see a number like that we mentioned the 10-year yield, all-time low the health and health and human services secretary is front of senate appropriations this morning and says there will be more cases of the coronavirus in the u.s. the u.s. has a stockpile of ventilators and masks but not enough for a coronavirus outbreak and you're looking at essentially the worst four-day decline for the dow since 2018 roger mcnamee is here at post 9 this morning i assume was going to talk about something else you know how to trade. >> yeah. >> how do you

moderna interesting move about a vaccine, i like them i like gilead and by the way, we saw somethingt hp after the bell i always say there's a bull market somewhere i promise to find it right here for you on "mad money. i'm jim cramer i will see you tomorrow. this cnbc special report "markets in turmoil" starts now. >>> brian sullivan, worldwide exchange, 5:00 a.m. eastern on cnbc next on squa"squawk box" how is home improvement giant building "squawk box. watch or listen live on the cnbc app. >>> i'm brian sullivan we are here tonight because of a major drop in the american financial markets. one of the worst days of the dow industrial average ever, wiping out all the year's gains. >> that this virus has potential, absolutely. >> spreading virus and rising fear. >> all the indexes are down big today. >> the market is finally reacting to the risk of the virus. >> a ferocious, violent reaction from financial market. >> we just have to do our best to try to not scare people. >> 1,000-point fall for th

of vaccine development mean one won't be available before the initial wave of the disease passes modernack soaring it delivered the first batch of the potential vaccine to the nhi for a human clinical trial which could begin in a month of two. >>> that company races to develop medicines for the novel coronavirus with vir gilead has a trial planned as well. >>> the market hit its lows on these reports that there were, how do i say it correctly, what's going on in nassau county, what have we learned >> right so there was a conference from nassau county today. seems like it was pretty standard procedure we know people coming back from china, americans who visited there in the last two weeks are being asked to self isolate. so to quarantine themselves in their homes to make sure that if they have any symptoms that they are letting health authorities and their doctors know this was about 80 folks who had gone through that procedure. it is not anything in terms of any exposure here in the united states sit that standard procedure of coming back from china and being to self monitor. >> essentia

un mangÚ, voy a estar preparando el mangÚ que estuve preparando en nueva york, una versiÓn moderna ytrump. con un récord que confirma su compromiso. (mike bloomberg) soy mike bloomberg y apruebo este mensaje. ♪ ♪ >> familia estamos con "un nuevo dÍa" en exatlÓn tambiÉn hay fiesta dominicana como usted lo sabe, exatlÓn se hace en la romana. >> en repÚblica dominicana claro que sÍ. >> y bueno la palabra aleluya viene de maravilla porque los azules ganaron y los contendientes regresaron al triunfo. >> me encanta, bueno lo hicieron sin dos elementos de su equipo que eran bien importante y que pesan mucho, sin jorge mertel y dennhi que ya estÁ bien, pero bueno... hay que ver cÓmo se va recuperando, ayer la motivaciÓn o el premio no era algo normal, los azules se ganaron la posibilidad de ir a disfrutar de un concierto de ozuna y hoy vaya motivaciÓn que tuvieron, la verdad que dijeron rumba y ellos respondieron. >> claro que sÍ, pero bueno hablando bien de exatlÓn estados unidos ha cambiado los Últimos dÍas los azules han remontado, respondido nos preguntamos si serÁ la zona de confort que

national institutes of health are partnering with private labs to quicken the pace of drug development moderna is another u.s. bio for making progress it's coronavirus vaccine is already in the end i was hands in preparing for clinical trials in april and i think that's commendable if we have to come up with a 1000000000 doses you might actually be you know several vaccines that are better . the corona virus has killed thousands and is heading toward a pandemic u.s. health officials say this is the fastest science has ever moved to develop a vaccine but it could still be more than a year before any is massively deployed. castro al-jazeera washington several prominent activists have been arrested in home call for their role in antigovernment protests publisher jimmy lai the head of a daily newspaper the whole call was among those detained for taking part in the legal rally in august 2 opposition legislators were also arrested the city has seen months of often violent demonstrations against beijing's influence. heavy shelling in libya's capital has forced flights to be suspended at the only func

national institutes of health are partnering with private labs to quicken the pace of drug development moderna is another u.s. bio for making progress it's coronavirus vaccine is already in the end i was hands in preparing for clinical trials in april and i think that's commendable if we have to come up with as you might actually be you know several vaccines that are that are working the corona virus has killed thousands and is heading toward a pandemic u.s. health officials say this is the fastest science has ever moved to develop a vaccine but it could still be more than a year before any is massively deployed heidi joe castro al-jazeera washington. health officials across latin america are bracing for a surge in coronavirus cases as the summer holiday season comes to an end the continent's 1st case was recorded in brazil on wednesday on latin america editor missy and human reports from china's capital santiago where preparations for an outbreak are already on the way. this is not a crowded street to rush hour rather the arrivals hall it's an international airport as q.j. numbers of people r

working on vaccines to treat coronavirus moderna up 25% gilead also very strong, this companies gotcan see, hopeful a vaccine soon i want to thank great panel this morning thank you so much steve forbes kelly torrance joe, great show. >> thank you for having me. >> groet to see you. covered good frowned. >> french, very happy about that thank you for that. maria: so you heard first, five brick-and-mortar stores saved, after his appearance on "mornings with maria" last week, don't forget ask maria tables turning i will be answering your questions, in social media tomorrow. instagram, twitter. back in a minute. .. can we go get some ice cream? alright, we gotta stop here first. ♪ ♪ from smarter atms, to after hours video tellers ♪ ♪ comcast business is connecting thousands of banks to technology that turns everyday transactions into extraordinary experiences. hi there. how are you? do you have any lollipops in there? (laughing) no, sorry. we're helping all kinds of businesses go beyond customer expectations. how can we help you? stuart: i put no barriers between myself and my viewer.

i'm told moderna got sequencing for the coronavirus in january.n a three-month time period, experts say that is a record time. if you compare that to that 2002 outbreak of sars virus it, took companies 20 months from start to finish to have a comparable product to come to market. if this works this would be the fastest ever. experts say we don't know until july or august. back to you. stuart: moderna has done well. deirdre, thank you. biden, another gaffe. he told a crowd of supporters at a rally in south carolina that he is running for senate. we talked to brian kilmeade about that amongst many other things. that is later this hour. bernie surging in pennsylvania. a poll showed him beating president trump in a head-to-head matchup but what would a bernie win do for the fracking business in pennsylvania? congressman there dan newser, is on the show later this hour. >>> president trump wrapping up the two-day trip to india. he held the press conference in new delhi. it was his usual entertaining press conference. he talked about a lot of things inc

es una farmacÉutica moderna que enviÓ lo primero experimental de una vacuna.Án sus primeras pruebas en humanos. ojalÁ den resultados. carolina: muchas gracias. alan: en horas de la noche el presidente donald trump lanza duros ataques contra magistrados de la corte suprema. en twitter crÍtica a la jueza sonya sotomayor por acusar de parcialidad a jueces conservadores. dice que tanto ella como otros deberÍan dejar de intervenir en todos los casos relacionados con su administraciÓn. esto en respuesta a comentarios de sotomayor. afirma que el mayor tribunal ha actuado muy rÁpido para alinearse con el gobierno. nuestro compaÑero estÁ en vivo desde washington con lo Último. buenos dÍas. reportero: buenos dÍas. la jueza estÁ criticando al presidente donald trump, especialmente, a su administraciÓn trump. dice que abusan de su figura legal donde la casa blanca pide la corte suprema de justicia que suspenda las decisiones de corte inferiores que bloquean polÍticas de ese gobierno que entren en efecto. ella dice que cuando se utiliza esa figura legal la casa blanca debe