Tag: Pfizer

CDC quarantine time; Pfizer; US deaths; Michael Hancock


A nurse fighting the COVID-19 pandemic in Nebraska sent an urgent message as positive cases passed 100,000 in her state.


Federal government officials said the first 6.4 million doses of Pfizer’s COVID-19 vaccine could be distributed to U.S. communities as early as December within 24 hours of approval from the Food and Drug Administration.

But the U.S. recorded its highest daily death toll since May on Tuesday, and experts warned that good vaccine news doesn’t mean Americans should let down their guard down over the holidays.

Several state restrictions go into effect Wednesday just hours before the Thanksgiving holiday, including a ban on alcohol sales at restaurants and bars in Pennsylvania. State health officials ordered restaurants and bars to not sell alcohol starting at 5 p.m. Wednesday until 8 a.m. Thursday in an effort to prevent social gatherings.

“It turns out the biggest day for drinking is the day before Thanksgiving,” Gov. Tom Wolf said at a news conference this week. “When people get together in that situation, it leads to the exchange of fluids that leads to the increase in infection.”

Overseas, British authorities relaxed restrictions on social gatherings to allow people to celebrate the Christmas holiday with friends and family. Officials in Scotland, Wales and Northern Ireland came up with a holiday plan to allow up to three households to create a “Christmas bubble” Dec. 23-27.

📈 Today’s numbers: The U.S. has reported more than 12.7 million cases and over 260,000 deaths, according to Johns Hopkins University data. The global totals: 60 million cases and 1.4 million deaths.

🗺️ Mapping coronavirus: Track the U.S. outbreak in your state.

📚What we’re reading: Here’s why this Harvard doctor is optimistic about US overcoming COVID-19 despite “epidemic of mistrust.”

This file will be updated throughout the day. For updates in your inbox, subscribe to The Daily Briefing newsletter.


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Wyoming Gov. Mark Gordon tests positive for COVID-19

Wyoming Gov. Mark Gordon has tested positive for COVID-19, but has only minor symptoms and plans to continue working remotely, he said Wednesday.

The governor’s office at the Wyoming State Capitol was closed on Tuesday for a deep cleaning after another office employee tested positive for the respiratory virus. 

Less than two weeks ago, Gordon said Wyoming residents needed to be more responsible about preventing the spread of COVID-19, complaining at the time about some people who were being “knuckleheads.”

Denver Mayor Michael Hancock apologizes for holiday travel

Denver Mayor Michael Hancock has apologized for flying to visit family members in Mississippi even as he tweeted out advice to the city’s residents asking them to avoid traveling.

Hancock said his family canceled plans for a large gathering and instead he boarded the plane to visit his wife and daughter who have been staying in Mississippi. Hancock said he believed him traveling alone was lower risk than having both of them return home for the holiday.

“I recognize that my decision has disappointed many who believe

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Energy, travel stocks surge on Pfizer vaccine hopes

NEW YORK (Reuters) – Shares of stocks that have been demolished as the coronavirus and related lockdowns have crippled the global economy surged on Monday following positive news from Pfizer PFE.N and its German partner BioNTech 22UAy.DE about is experimental COVID-19 vaccine.

FILE PHOTO: A logo for Pfizer is displayed on a monitor on the floor at the New York Stock Exchange (NYSE) in New York, U.S., July 29, 2019. REUTERS/Brendan McDermid

Pfizer shares jumped 10.16%, although they were off earlier highs, after the company said the vaccine was more than 90% effective in a large-scale clinical trial for which it will now seek a U.S. emergency use authorization. U.S.-listed shares of BioNTech were up 9.89%.

While Pfizer shares were higher on the news, the overall healthcare sector .SPXHC was underperforming the broader S&P 500, in large part due to a sharp decline in Biogen BIIB.O after a U.S. Food and Drug Administration panel voted against its Alzheimer’s treatment.

The energy sector .SPNY, down more than 50% through Friday’s close as reduced travel sapped demand for oil and gas, shot up 14.82% and was on track for its biggest daily percentage gain since March 24. Exxon Mobil XOM.N gained 13.39% and Valero Energy VLO.N soared 29.81%.

Banks .SPXBK, down more than 34% through Friday, climbed 12.66% and were also on track for their biggest one-day percentage gain since March 24 as bond yields soared and the U.S. yield curve steepened. A similar reaction was seen in Europe, with French banks Societe Generale SOGN.PA and BNP Paribas BNPP.PA, closing up 18%.

“It’s all about the vaccine. If Pfizer’s vaccine is as good as people are saying it is that’s a game changer for consumer behavior and a lot of the trends we’ve seen of the cyclical sectors being depressed are going to reverse on that hope that this is the beginning of the end of our dealing with COVID-19,” said Chris Zaccarelli, Chief Investment Officer, Independent Advisor Alliance, Charlotte, North Carolina.

(GRAPHIC: S&P 500 sectors gain amid vaccine hopes – )

Airlines .SPLRCALI, down more than 45% through Friday, jumped 15.22%, led by gains in Delta Air Lines DAL.N, up 15.07% and Southwest Airlines LUV.N as a vaccine would reduce the fear of traveling in an enclosed space.

Other travel-related stocks also moved higher. Disney DIS.N rose 11.29% while fellow theme-park operator Six Flags SIX.N advanced 17.07%.

The S&P hotels, restaurants & leisure index .SPLRCHRL shot up 5.43% with cruise lines Carnival Corp CCL.N and Royal Caribbean RCL.N each surging more than 30% higher. Casino operator Wynn Resorts WYNN.O rose 26.26% while hotel operators Marriott International MAR.O and Hilton Worldwide HLT.N each gained more than 10%.

Paul Nolte, portfolio manager at Kingsview Investment Management in Chicago, said the news was particularly good for companies in services industries. “The services part of the economy can recover strongly,” he said.

“It’s affecting services across the board,” he said, noting strong gains in Disney, Expedia EXPE.O and other travel-related

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Travel companies cheer Pfizer Covid vaccine news as ‘welcomed step’ toward return in demand

  • CEOs from major cruise lines and hospitality operators cheered Pfizer’s news about its vaccine efficacy.
  • “TripAdvisor has long believed travel will recover with vigor as soon as a vaccine was widely available. Today’s Pfizer news is a welcomed step in the right direction,” TripAdvisor CEO Steve Kaufer told CNBC.
  • “This is a very positive development for the world, and, of course, our company and our brands,” Carnival Cruise Line told CNBC.

a large ship in a body of water: Florida, Port of Miami, Row of cruise ships docked, non-essential business due to Coronavirus.

© Provided by CNBC
Florida, Port of Miami, Row of cruise ships docked, non-essential business due to Coronavirus.

Throughout the coronavirus pandemic, travel executives have been pinning their hopes on a Covid-19 vaccine saving their industry, which has suffered from the fallout of the health crisis.


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Following news Monday of Pfizer’s vaccine data showing more than 90% efficacy among participants without evidence of prior infection, CEOs from major cruise lines and hospitality operators cheered the breakthrough.

“TripAdvisor has long believed travel will recover with vigor as soon as a vaccine was widely available. Today’s Pfizer news is a welcomed step in the right direction,” Steve Kaufer, CEO of TripAdvisor, told CNBC over email.

Shares of TripAdvisor jumped 20%.

Travel executives are hopeful that an effective vaccine will speed up the timeline around when travelers will feel comfortable getting back out and about again.

While questions remain around the supply and distribution of a vaccine, the data from Pfizer was enough to fuel travel-related stocks to the top of the S&P 500.

“This is a very positive development for the world, and, of course, our company and our brands, as well as the cruise industry. It is too early at this point to determine the impact this may have on the conditional sail order in the U.S., if any,” Carnival wrote in an email to CNBC.

Carnival shares soared about 36% on Monday, on pace for its best day ever as a public company. It went public in 1987.

Richard Fain, CEO of Royal Caribbean, has often called a vaccine the “ultimate weapon” to tackling Covid-19. Royal Caribbean rocketed up about 28%, on track for its best day since March.

In the meantime, the cruise operators are working around the clock, setting up testing facilities for all crew and conducting simulated voyages with their new COVID protocols. Once deemed successful, CDC will provide the green light. Carnival, Royal Caribbean and Norwegian Cruise Line have suspended U.S. sailing for the remainder of 2020.

Norwegian Cruise Line reports quarterly earnings after the bell on Monday, where shareholders will want to know whether a January 2021 start-date is feasible.

Analysts also are wondering whether a new administration under the leadership of President-elect Joe Biden will result in different protocols for the cruise industry. The industry has received support from Vice President Mike Pence, who reportedly overruled the CDC’s decision to extend its cruise ban until February 2021. CDC lifted its no-sail order at the end of October and issued a framework for a Conditional Sailing Order.

Truist Securities Managing Director Patrick

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Airline and cruise stocks rally as Pfizer drug progress spurs hope for travel-industry recovery

norwegian epic cruise ship

Travel stocks surged on Monday after Pfizer’s encouraging vaccine update bolstered hope that the coronavirus crisis may soon end.

Royal Caribbean, Carnival, and Norwegian Cruise Line Holdings all surged more than 30% on Monday morning. United Airlines gained as much as 27%. Delta Air Lines and American Airlines rallied 23% and 26%, respectively, at intraday highs.

The soaring travel giants helped major indexes reach all-time highs on Monday. Stocks rallied in early trading after Pfizer announced its experimental coronavirus vaccine was more than 90% effective at preventing COVID-19 in trial participants. The pharmaceutical company now plans to apply for emergency-use authorization that would allow it to more rapidly distribute the drug.

Read more: 3 volatility experts explain why the VIX has plunged so quickly despite a nail-biting election contest – and share what they are recommending to clients right now

Economists and strategists alike have repeatedly said that containing the virus is critical to driving a full recovery. With cases surging to record highs in the US, a viable vaccine is increasingly viewed as a silver bullet for ending the pandemic.

The travel industry was among those hit hardest by the virus and related quarantines. Airline and cruise stocks tumbled through March as trips were placed on hold and people avoided unnecessary travel. While airlines have experienced a partial recovery, cruises are still under a “No Sail” order from the Centers for Disease Control.

Read more: Morgan Stanley says to load up on these 10 stocks featured on the firm’s ‘buy list,’ which has dominated the broader market this year

While the recently beleaguered sector and broader market swung higher on the vaccine news, stocks that thrived through the nationwide lockdown plummeted. So-called stay-at-home plays including Zoom, DocuSign, and Peloton faced outsized selling as investors bolstered bets on the reopening trade.

The rosy vaccine news also boosted oil prices as traders turned more bullish toward an increase in travel activity. West Texas Intermediate crude oil leaped as much as 11.3%, to $41.33 per barrel, at intraday highs.

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