Based on Gene Munster, Apple’s inventory has a method to a market cap of $ three trillion

Tech investor Gene Munster told CNBC Thursday that he saw a sensible path for Apple to reach a future market cap of $ 3 trillion.

The iPhone maker was the first publicly traded US company to reach a market capitalization of $ 2 trillion in August – a milestone that Munster anticipated in January when he advocated its stock trading 50% higher. As of Thursday, Apple was valued at nearly $ 2.3 trillion at roughly $ 133 per share.

Munster, who reported to Apple as a longtime analyst at investment bank Piper Jaffray, said on Squawk Box that he believes the California-based company can realistically hit $ 200 per share. That would put the market cap over $ 3 trillion.

“It has to be anchored in the result. This is the powerful piece of Apple history,” said Munster, co-founder of venture capital firm Loup Ventures. He said his forecast was based on Apple trading in value for money, or a multiple of 35, for earnings estimates for 2022.

“It’s a year out there, but I’m fast forwarding the conversation to the middle and back half of next year, and at that point we’ll be talking about 2022. If the market can take those 35 multiples – you know, we’re talking.” here not by an Amazon-like multiple – I think that this path is there, “said Münster.

Apple’s current price-to-earnings ratio is close to 41, after its stock rose 81% this year. Amazon, whose shares are up 76% this year, is trading 95 times.

One catalyst that could help push Apple further is the greater spread of remote working that is being triggered by the coronavirus pandemic, Munster said.

“This is generally seen as a game on the iPhone, a 5G game. That is good. That will have a positive effect on the numbers, but I think this acceleration of the digital transformation is powerful,” said Münster. “People who work from anywhere will upgrade and buy more Macs, iPads and services in the next 12 to 24 months.”

Munster also reiterated his belief that Apple’s multiples could withstand further expansion as investors rethink the company, which in recent years has been pushing to generate more revenue from services to increase hardware sales.

Munster, for his part, said Apple could use its hardware business for a service, such as buying a Mac by subscription. “We believe this is coming, and talking more about cars is a great opportunity for Apple’s multiples,” Munster said, alluding to reports that Apple may be making an electric car in a few years.

More broadly, he said he believes Apple will continue its strong stock performance into 2021, especially when compared to its so-called FAANG brothers. In addition to Apple, the group of technology companies also includes Amazon, Facebook, Google’s parent alphabet and Netflix.

“We believe there will be another break from FAANG,” said Münster, with Facebook and Netflix lagging behind Apple and Amazon. “I think the performance will come back from Apple in 2021. It may seem numb for a company to run FAANG for three straight years, but I think this will actually happen. I think this has a trail of 200 U.S. dollar [per share]. “

Medical doctors criticize UK well being authorities for altering Pfizer Covid vaccination schedule

A nurse prepares to administer the Pfizer-BioNTech COVID-19 vaccine at Guy’s Hospital in London, United Kingdom, on December 8, 2020.

Frank Augstein | Reuters

Doctors in the UK are pushing for health officials’ decision to change the schedule for Pfizer’s Covid-19 vaccinations, saying it will not “follow science”.

UK health officials said Wednesday they would prefer to give the first dose of vaccine to as many people as possible as soon as possible, which could delay the supply of those who received the second vaccine by up to 12 weeks. Pfizer’s Covid-19 vaccine developed with BioNTech recommends giving the second shot three weeks after the initial dose.

The decisions would also apply to the two-dose coronavirus vaccine developed by Oxford University and AstraZeneca, which the UK approved for emergency use on Wednesday. The first doses are expected to be launched next week and added to a Covid-19 immunization program launched by the UK in December with the Pfizer BioNTech vaccine.

“We have real and serious concerns about these sudden changes to the Pfizer vaccination regime,” the Doctors’ Association UK, a nonprofit advocacy group of voluntary health professionals, said in a tweet Thursday. “It undermines the consent process and doesn’t obey science at all.”

The organization said in a statement that the decision to change the regime is likely to be difficult given the pressure the country’s hospitals are facing from Covid-19 patients. However, the protection shown after just one dose is “considerably less” than with two shots.

Pfizer’s late-stage clinical studies showed that the vaccine was somewhat effective after the first dose was given. In documents released to the U.S. Food and Drug Administration in early December, data showed that at least 52% of the vaccine before the second dose and 82% in the combined group of people who took one or two doses, was effective.

However, Pfizer and Moderna’s vaccines have been shown to be at least 94% effective when given in two doses about a month apart.

Pfizer, however, pushed back the UK’s decision in a statement to CNBC on Thursday, saying its large clinical trials had tested a 21-day interval. Clinical studies have shown that two doses three weeks apart has been shown to provide maximum effectiveness, the company said.

“The safety and efficacy of the vaccine were not assessed according to different dosing schedules, as the majority of study participants received the second dose within the window specified in the study design,” Pfizer said.

Separately, the UK government said that the advice of the Joint Vaccination and Immunization Committee, which advises it on vaccination programs, “would ensure that more at-risk people receive meaningful protection from a vaccine in the coming weeks and months”.

This would help reduce the number of deaths and ease pressure on the country’s hospitals, especially as the country battles a new, faster-spreading variant of the virus.

“The committee recommends prioritizing the delivery of the first vaccine dose first, as it is most likely to have greater public health impacts in the short term and reduce the number of preventable deaths from COVID-19,” the advisory committee said in a statement Thursday.

Pfizer’s vaccine doses have been launched in the UK for over three weeks, and around 600,000 people have already received their first doses of the medicine according to recent government statistics.

While the decision is ultimately up to health officials, it will be “critical” to monitor alternative schedules to “ensure that each recipient is given the maximum possible protection, which means immunization with two doses of the vaccine,” Pfizer said.

– CNBC’s Matt Clinch, Holly Ellyatt, Steve Kopack and Berkeley Lovelace Jr. contributed to this report.

Contemporary Prince of Bel Air star Janet Hubert slams Lori Loughlin

The original Aunt Viv is not happy with what happened to Aunt Becky.

The Fresh Prince of Bel-Air alum Janet Hubert popped 90s star Lori Loughlin on Twitter on Monday, December 28, the day the former Full House performer was released from federal prison. 56-year-old Lori had been behind bars for less than two months for being involved in last year’s admissions scandal.

“When white actresses commit crimes, they get new shows, pilots, etc. Lori Loughlin … I suppose she’ll get an Emmy for her time in prison,” tweeted Hubert, 64, including a GIF of Aunt Viv. “Hmmmm … oh, to be white, blonde and privileged! No, thank you, I’d rather be brave, black and dignified! #Olyinamerikkka”

In March 2019 Lori and husband Mossimo Giannulli were charged with allegedly paying $ 500,000 in bribes to have their daughters Olivia Jade Giannulli, 21, Beautiful GiannulliThe 20-year-old was admitted to the University of Southern California (USC) as a recruit to the crew team even though they are not rowers. Both Lori and Mossimmo agreed to do business in order to avoid lengthy sentences. He began a five-month sentence in November for his involvement in the scandal.

Lori, whose character Aunt Becky was written off from Netflix’s Fuller House amid controversy, has not responded publicly to Janet’s remarks.

Trump boasts of Covid’s response as December seems to be deadliest month but

President Donald Trump speaks in a video posted on Twitter on December 31, 2020.

The White House | Twitter

WASHINGTON – In the final days of 2020 there has been a surge in coronavirus deaths in the US, cases surge to staggering levels, hospitals strained, and much-needed vaccine rollouts lagging behind expectations.

December was America’s deadliest month during the pandemic. But President Donald Trump hardly said a word about the tragic toll of Covid-19.

Instead, the president spent the month pondering unsubstantiated allegations of a stolen election, delaying relief laws before they were signed, weighing cable newscasts, and beating members of his own party.

And on Thursday, the last day of the month and year, Trump tweeted a video boasting about his administration’s response to the pandemic.

In December, the country plunged into the toughest battle against Covid-19, even as vaccines ran out. The nation reported more than 6.1 million new infections and more than 74,140 deaths, according to Johns Hopkins University.

The latest totals make December the deadliest month of the Covid-19 pandemic in the United States, beating April when more than 60,738 Americans lost their lives to the coronavirus.

Since the coronavirus outbreak began, at least 342,414 Americans have died from the disease, which Trump has repeatedly pledged on 40 different occasions.

In a taped message released Thursday, Trump made the lion’s share of the loan for the unprecedented speed in the development of vaccines, which the stunt called a “medical miracle”.

“Thanks to Operation Warp Speed, we developed a vaccine in just nine months, we have already launched a nationwide vaccination program and we are sending the vaccine all over the world. The world will benefit, we will benefit, and everyone is calling for it . ” Thank you, “said the President.

Trump also took a moment to praise his work on the economy, saying that his administration “built the greatest economy in the history of the world”.

“We’re now doing numbers like no one has seen before, including the highest stock market in the history of the world,” Trump said, adding “the best is yet to come” in his deregistration.

The White House did not immediately respond to a request for comment.

Tweets and golfing

Trump, who vacationed last week at his private club in Palm Beach, Florida, returned to the White House Thursday as lawmakers debated laws that would reduce Covid aid payments to $ 2,000 in the face of historic unemployment and business closings would increase.

The President himself pushed for these higher payments despite the fact that Senate Republican leader Mitch McConnell refused to hold a stand-alone vote on the bill providing for the higher payments, which were passed with the support of both parties in the House of Representatives.

While in Palm Beach, Trump spent several days playing golf on his for-profit golf course, sending 110 tweets, mostly focusing on false claims of a rigged presidential election and the upcoming Georgia Senate runoff.

Trump, despite a series of failed legal challenges, did not concede the election as Democrat Joe Biden, which will be inaugurated on Jan. 20. The president also went on Twitter for support for an upcoming rally in Georgia.

President Donald Trump plays golf at Trump National Golf Club on November 21, 2020 in Sterling, Virginia.

Tasos Katopodis | Getty Images

The president’s refusal to address other aspects of the looming public health disaster comes because the governors of Colorado and California are confirming a new and potentially contagious strain of Covid-19 in their states.

Hospital fights and vaccine stumble

Officials from the Centers for Disease Control and Prevention said earlier Wednesday that the new tribe could put pressure on the country’s hospitals, which are already overwhelmed with Covid-19 patients.

Coast-to-coast hospitals are already running out of available intensive care units and standard beds to accommodate the surge in patients, data from the Department of Health and Human Services shows.

Medical workers prepare to perform a percutaneous tracheostomy procedure on a patient in the COVID-19 Intensive Care Unit (ICU) during Thanksgiving Day on November 26, 2020 at the United Memorial Medical Center in Houston, Texas.

Go Nakamura | Getty Images

Earlier this month, the United States began rolling out vaccines to fight the disease. But health officials have warned that a vaccine will not immediately rid the country of the outbreak.

The nation’s health officials previously stated their goal was to vaccinate at least 20 million Americans with their first shots before the end of the year. That will fall far short of that goal.

Continue reading: Trump blames states when criticized for slow adoption of Covid vaccines

As of Monday morning, more than 11.4 million doses of Pfizer and Moderna two-dose vaccines had been distributed across the country. According to the Centers for Disease Control and Prevention, approximately 2.1 million of these shots were given to humans.

Trump, who was criticized for missing the vaccine target, blamed the unorganized introduction of vaccines for the states.

“The federal government has distributed the vaccines to the federal states,” said the president in a tweet. “Now it is up to the states to manage. Move on!”

CNBC’s Kevin Breuninger, Will Feuer and Noah Higgins Dunn contributed to this report.

Dow rises 100 factors as Wall Avenue completes a wild 12 months of buying and selling

The Dow Jones Industrial Average and S&P 500 rose slightly on Thursday as Wall Street closed one of the most volatile years for the market recently.

The Dow was trading 102 points, or 0.3%. The S&P 500 was also up 0.3%, while the Nasdaq Composite fell slightly. Intel rose 2.8% to keep the Dow higher. Financials gained nearly 1% to lift the S&P 500.

The moves on Thursday came after the release of a better-than-expected reading on weekly jobless claims in the US. The number of first-time applicants for unemployment benefits stood at 787,000 in the week ended December 26, the Labor Department said Thursday. Economists polled by Dow Jones expected a pressure of 828,000.

“While the improvement does not coincide with the narrative of a tightening of COVID restrictions … we must take it at face value,” wrote Thomas Simons, Jefferies money market economist. “In terms of payroll for the next few weeks, they are likely to be still very weak, with initial claims increasing between the December and November survey weeks and ongoing claims showing their smallest decline since June.”

The unprecedented market moves in 2020

Stocks fell sharply in February and March as the Covid-19 pandemic spread outside of China, forcing lockdowns on countries that stalled economic activity. The S&P 500 saw the fastest decline in its history of 30%.

After stocks bottomed in late March and the Federal Reserve cracked heavily on credit markets, stocks rebounded dramatically and hit a number of record highs before the year ended. Recent moves into record-breaking areas came with the launch of several Covid-19 vaccines and a new Congressional economic aid package.

The tech-heavy Nasdaq Composite has gained 43.2% year-to-date, while the S&P 500 and Dow have gained 15.6% and 6.7%.

“To use an overused word, this was unprecedented,” said Sam Stovall, CFRA Research’s chief investment strategist. “We have never had to deal with anything like this.”

These gains were due to sharp daily moves that kept even the most seasoned investors on their toes year round.

The S&P 500 closed at least 1% in 110 of the 253 trading days this year, compared to just 38 days in 2019. Those 110 daily swings include two rallies of more than 9% in March and a 12% decline in the same month .

“If Rip Van Winkle woke up today he would say, ‘What a great year; we are up 15%. You can’t beat that,'” added Stovall. “Then he would open up his statements and see that the S&P 500 lost 20% in the first quarter and then rose exactly 20% in the second quarter if he believed there was a flaw in the system. He would be right . ” , it was Covid. “

Tech was by far the dominant sector in 2020, rising more than 40% over the year as the pandemic forced more people to work from home. This shift resulted in an increasing demand for cloud services and computing equipment.

Consumer discretion increased more than 30% this year, due to more people shopping online. Amazon stock rose 76% in 2020, while the value of Etsy nearly quadrupled.

Scott Wren, Senior Global Market Strategist at the Wells Fargo Investment Institute, called 2020 a “year of opportunity”.

“The exchange offered investors several options to use outstanding funds in 2020,” Wren wrote in a statement to customers. “The good news is that we expect additional opportunities to showcase in the new year.”

Subscribe to CNBC PRO for exclusive insights and analysis as well as live business day programs from around the world.

West Virginia mistakenly handled 42 folks with Regeneron IV Covid as a substitute of a vaccination shot

A pharmacist dilutes the Pfizer COVID-19 vaccine as he prepares it for administration to staff and residents at Goodwin House Bailey’s Crossroads, a senior community in Falls Church, Virginia, on December 30, 2020.

Brendan Smialowski | AFP | Getty Images

Dozens of people in West Virginia were mistakenly given Regeneron’s Covid-19 antibodies instead of the Moderna vaccine, the West Virginia National Guard said Thursday.

According to the state’s National Guard, 42 people received the intravenous treatment at a Boone County Department of Health vaccination clinic. The National Guard said it learned of the mistake on Wednesday.

Everyone who received the antibody treatment instead of the vaccine, which is given through a shot in the arm, has been contacted, Julie Miller, a Boone County Health Department administrator, told CNBC via email. She added, “We don’t think there is any risk of harm.”

Regeneron’s monoclonal antibody treatment, which must be given via an IV drip, is seen as a promising treatment for Covid-19 – especially if given early in the course of the infection. But the West Virginia mix-up is just one example of the confusion in the rush to distribute the vaccine to tens of millions of people. The rollout was slower than expected and was characterized by logistical challenges.

“It was determined that this was an isolated incident,” Miller said. “All those affected will be offered the COVID-19 vaccine today.”

She said the health department will work closely with the state National Guard and the Department of Health and Human Resources to review their policies and procedures.

Miller did not provide details on what caused the mix-up.

Representatives from the West Virginia National Guard and the West Virginia Governor’s Office did not respond to CNBC’s request for further comment on the occurrence of the error.

Maj. Gen. James Hoyer, adjutant general of the West Virginia National Guard, said in a statement that his forces “acted immediately” to correct the mistake as soon as they found out what happened. “We immediately reviewed and strengthened our logs to improve our sales process and prevent this from happening again,” he said in a statement.

He added that the state will continue to promote the vaccine “to save more lives every day”.

Dr. Clay Marsh, the state’s Covid-19 tsar, noted in a statement that the Regeneron treatment mistakenly given in place of the vaccine is the same product “that was given to President Trump when he became infected”.

“Although this injection is not harmful, it has replaced the vaccine,” he said. “However, this event provides an important opportunity for our leadership team to review and improve the safety and vaccination process for every West Virginian.”

Trump cemented his legacy of failure by offering 18 million vaccinations

Trump said the goal is to have 20 million Americans vaccinated by the end of the year and he is 18 million vaccinations short.

Here are the current brand numbers for Trump:

Trump Administration and Operation Warp Speed ​​is about 18,000,000 COVID vaccinations administered, behind their target of 20 million by the end of the year. That’s in 10.5 hours. pic.twitter.com/YmIZ6eWKXO

– Gary Grumbach (@GaryGrumbach) December 31, 2020

Operation Warp Speed ​​was Operation Total Fail. Joe Biden has said for months that a quick vaccine is of no use if there is no plan to get it to people quickly, and to nobody’s surprise, Trump never had a plan.

People who don’t need to be vaccinated first, like U.S. Republican senators, White House staff, and even dental students, are given the vaccine before nursing home workers and residents.

If Trump had won the election, the country would be a mess.

Trump’s political brand is failure. He failed as president. He couldn’t win re-election. He failed his election campaign and continues to fail every day, killing the American people until his term expires on January 20th. ‘

For more discussions on this story, join our Rachel Maddow and MSNBC groups.

Follow and like PoliticusUSA on Facebook

Mr. Easley is the Founder / Executive Editor, White House Press Pool, and a Congressional Correspondent for PoliticusUSA. Jason has a bachelor’s degree in political science. His thesis focused on public order with a specialization in social reform movements.

Awards and professional memberships

Member of the Society of Professional Journalists and the American Political Science Association

Rotimi & Vanessa Mdee are actually engaged!

Congratulations to the actor / singer Rotimi for asking his girlfriend and fellow singer Vanessa Mdee the big question.

On Wednesday he asked the big question and asked for her hand in marriage. Her close family and friends captured the moment when they shared congratulatory social media posts on their engagement to the couple.

Rotimi later took a closer look at Vanessa’s ring and said: “She said YES! You are my one and only. My angel. In 2015, I prayed whoever my wife would be, and wherever she was, I hoped that she was happy, had a good day, and received God’s abundance. “

He continued, “Fast forward … YOU … you make me such a better man … I owe GOD. To you. I will repay it by loving you and giving you everything you deserve. Nakupenda. “

Rotimi and Vanessa started publicing their relationship late last year.

Not too long after that, Vanessa announced that she knew Rotimi was her husband, and it wasn’t long before she realized it. During an interview with Millar Dayo, she said, “It took me two days … I said, ‘This is my husband. ‘“And apparently Vanessa knew exactly what she was talking about.

Vanessa thought about the moment and said, “A year and a half ago the world laughed at me when I said I knew that YOU were my husband just a few days after my time with you. I didn’t blame them, after all, it is an unusual and inexplicable feeling when you meet your soulmate. (Also, they had met the Vee who had no plans to get married). “

She continued, “On my 30th birthday, my plans for the years ahead were so different from now, but GOD laughs when we make plans. Jeremiah 29:11 for I know the plans that I have for you; they are plans for good and not for disaster, to give you a future and a hope. “

Congratulations to Rotimi and Vanessa on their engagement.

Would you like updates directly in your text inbox? Hit us at 917-722-8057 or Click here to take part!

TSR STAFF: Jade Ashley @ Jade_Ashley94

New York Mayor de Blasio plans to immunize 1 million residents in January

A FDNY EMS Fire Department employee receives a COVID-19 Moderna vaccine amid the coronavirus disease (COVID-19) pandemic in the Manhattan neighborhood of New York City, New York, United States. December 23, 2020.

Carlo Allegri | Reuters

New York officials plan to vaccinate 1 million residents against Covid-19 in January. The federal government and drug manufacturers need to accelerate the production and distribution of the vaccine.

Mayor Bill de Blasio said Thursday the city will use schools, pop-up clinics and “whatever it takes” to reach 1 million people in a month.

“We know New York City can vaccinate 1 million people in January and really get this thing going,” de Blasio told CNN. “Every time we vaccinate someone, we’ve come one step closer to the coronavirus in terms of its terrible impact on society.”

IIt’s an ambitious goal considering the city only received 390,425 doses of vaccine and, according to the city, could only administer about 78,000 shots.

“This thing isn’t moving the way it needs to be in the US,” said the mayor. “New York City will show that we can speed this up and vaccinate people at record speed. And we want the whole country to be a part of it because we have to move faster to fight the coronavirus if we want to recover.”

The U.S. government has fallen far short of its original target of delivering at least 20 million Covid vaccine shots before the end of the year – something federal officials have admitted is disappointing. The US has so far distributed 12.4 million doses of vaccine and vaccinated only 2.8 million people with the first Pfizer or Moderna two-shot schedule, according to the Centers for Disease Control and Prevention. U.S. officials say the data is 72 to 96 hours behind due to state and local delays. Even so, it’s still a fraction of the Trump administration’s original goal.

The slower-than-expected adoption of Covid vaccines has been disappointing, said the nation’s leading infectious disease expert, Dr. Anthony Fauci, opposite CNN on Thursday.

“We agree that this number is lower than we had hoped,” Moncef Slaoui, chief advisor to the government’s Operation Warp Speed ​​vaccination program, told reporters on Wednesday. “We know it should be better and we’re working hard to make it better.”

De Blasio’s explanation comes from the fact that health officials in Colorado and California have discovered a new strain of the coronavirus in a few cases in those states. The new variant, which de Blasio said has not yet been found in New York, was first identified in the UK and appears to be far more contagious.

It also comes as the city prepares for its annual New Years Eve celebrations, albeit without the usual crowds. Only a few hundred people, instead of the usual thousands, will be in Times Square with masks and by invitation only for the midnight ball drop for the kick of 2021. De Blasio said the one year that unites all Americans in this divided country is “We want to get rid of the hell of 2020.”

5 issues you need to know earlier than the inventory market opens on Thursday

Here are the top news, trends, and analysis investors need to get their trading day started:

1. Last day of trading in 2020 on Wall Street

Ornaments on the New York Stock Exchange (NYSE) Holiday Tree on Wall Street on December 9, 2020 in New York City.

Angela Weiss | AFP | Getty Images

2. Unemployment claims are below estimates

A help call sign is posted on a taco stand in Solana Beach, California.

Mike Blake | Reuters

The number of first-time applicants for unemployment benefits stood at 787,000 in the week ended December 26, the Labor Department said Thursday. Economists polled by Dow Jones expected 828,000.

Still, the number remained well above pre-pandemic levels. Those receiving benefits under all unemployment programs fell by nearly 800,000 to 19.6 million, compared with 1.8 million a year ago.

3. Europe stocks drop 3.8% annually

A European Union (EU) flies next to a flag of the British Union, also known in London as the Union Jack.

Jason Alden | Bloomberg Creative Photos | Getty Images

European markets, which closed early Thursday, posted slight losses for 2020. The pan-European Stoxx 600 index closed 0.14% on New Years Eve after a shorter trading session, bringing its losses for 2020 to 3.8%. The worst performing market in the region was the Spanish IBEX, which fell 15% this year.

4. California has identified its first case of a mutant strain of Covid in the UK

Gavin Newsom, California Governor, speaks during a press conference in Sacramento, California

Rich Pedroncelli | Bloomberg | Getty Images

California health officials have identified the state’s first case of a new and contagious strain of Covid-19 that was originally discovered in the UK. The patient is a 30-year-old San Diego County male who showed symptoms on Sunday, government officials confirmed Wednesday.

“I don’t think Californians should feel like this is anything strange. This is expected,” said White House coronavirus advisor Dr. Anthony Fauci, on Wednesday during a live Q&A session with California Governor Gavin Newsom. Fauci said other states are likely to identify their own cases of the new strain soon.

5. The US is imposing tariffs on French and German wines and aircraft parts

Qantas A380 will take off on the runway in Saxony, Dresden on August 21, 2020

Tino Plunert | Image Alliance | Getty Images

US trade officials said Wednesday they would impose tariffs on certain European Union products, including aircraft-related parts and wines from France and Germany.

The move came in a 16-year dispute between the US and the EU over subsidies for civil aviation, in which the European aircraft company Airbus and its US-based rival Boeing were involved.

In a statement, the US sales representative’s office stated that the EU had wrongly charged tariffs against the US, which, according to a ruling by the World Trade Organization in September, are permissible in the ongoing dispute: “The EU must take action to correct this injustice.”

– Follow all developments on Wall Street in real time with CNBC Pro’s live market blog. Find out about the latest pandemics on our coronavirus blog.