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Added on the 09/11/2020 17:34:51 - Copyright : AFPTV - First images
The Wall Street Journal reported Pfizer cut the number of vaccines it planned to ship in 2020. According to Business Insider, this is due to supply chain delays. Sources say Pfizer sourced materials and set up supply chains while developing a vaccine. This is an "unprecedented" move in the world of medicine and vaccine development. But Pfizer and BioNtech maintain they will produce 1.3 billion doses by the end of 2021. The company says there is no change to Pfizer's vaccine commitment to the US, however.
Wall Street saw US stocks slide on Tuesday, as fiscal stimulus negotiations lurched into stalemate territory. According to Business Insider, initial results of the third-quarter earnings season kick-off from banks like Citigroup and JPMorgan also failed to impress investors. Apple announced its new iPhone 12 lineup--the tech giant's first major redesign of its flagship product in over 3 years. It didn't go over well: Apple's stock slid, too. And even gold, the ever-popular commodity, fell as much as 1.9%, to $1,886.54 per ounce. However, a breakthrough in stimulus talks could be near, as Senate Majority Leader Mitch McConnell signaled support for passing a deal prior to the upcoming election.
Fox News owner Rupert Murdoch has publicly thanked workers of Britain's National Health Service for vaccinating him against COVID-19. This, as Fox News personality Tucker Carlson urged his audience to look at the vaccine with skepticism. According to Business Insider, Carlson said on 'Tucker Carlson Tonight' Thursday, the vaccine 'feels false, because it is. It's too slick' Meanwhile, Murdoch, 89, and his wife Jerry Hall Murdoch, have been isolating at their home in Oxfordshire, England, for most of the pandemic. I strongly encourage people around the world to get the vaccine as it becomes available. Rupert Murdoch Owner, Fox News
On Monday, US stocks rose. AstraZeneca said its COVID-19 vaccine candidate demonstrated an average efficacy rate of 70%. This is the third COVID-19 vaccine said to have surpassed the Food and Drug Administration's requirement of 50% effectiveness. S&P 500: 3,580.82, up 0.7% Dow Jones industrial average: 29,473.41, up 0.7% (210 points) Nasdaq composite: 11,929.04, up 0.6%
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