election and it is reverberating around the world. it could make for a very long day on wall street today. doug luzader is live in washington with a preview of what could happen on the street of dreams. doug? >> good morning, guys. maybe, yeah, another rough day for u.s. markets after what happened in france. it's more evidence of this big shift to the left in europe and we're likely to feel the impact here at home. in france, over the weekend, supporters of socialist francois holland are celebrating after he defeated the french president nicholas sarkozy. he campaigned against the big spending cuts they are backing. more spending cuts and a return to french socialist rule and you couple that with the parliamentary elections in greece over the weekend, it signals this growing european rejection of austerity measures that have entrenched workers for one. it's not clear what this new government is going to look like in greece. they wasted little time