New All-Time Highs For Stocks, Pandemic Aid Bill Optimism, Vaccine Watch: FDA & Moderna, And Facebook Vs. Apple

Published: Dec. 17, 2020, 4:01 p.m.

b'Jim Cramer and David Faber discussed a strong morning for stocks which saw the S&P 500 and Nasdaq hit fresh record highs, helped by hopes Capitol Hill lawmakers will soon strike a deal on pandemic aid relief. Also, an FDA panel expected to approve Moderna\\u2019s COVID-19 vaccine for emergency use. Jim and David reacted to Dr. Anthony Fauci\\u2019s comments at the CNBC \\u201cHealthy Returns\\u201d conference, talking about coronavirus vaccine availability for the general public. The anchors took a closer look at airline stocks amid reports carriers could be in line for $17-billion in government aid. Also in focus: Facebook taking out full-page newspaper ads attacking Apple\\u2019s privacy changes, the winter storm impacting the Northeast, plus an in-depth look at Chinese e-commerce company whose shares have soared more than 700% since it went public earlier in the week: Does it represent the investor euphoria regulators are concerned about?'