Welcome to our special 2020 election coverage. It is so nice to stay up altogether. I think the world is really riveted by what is happening with the vote counting in u. S. I am francine lacqua. Tom keene in new york. Interesting to look at market movement. The world is watching this razor thin election, just trying to understand why it is taking so long in certain counties, and of course trump to find out what happens in the senate race and what happens with the president. Tom its going to be extraordinary this friday and the uncertainty of where we are friday afternoon, where we are into the weekend. One thing that is very evident as we edged towards recounts, which will move us nicely from november and even into december. One telling statistic, the sum right now of the five states, forget about alaska, the five state disparity between these 3,919 votes out5 of 150 million that have been made. Francine we are talking about razor thin changes. The latest electoral vote count 64, the m
7. 0159. Hore yuan at lets get a check on the markets. Abigail doolittle has the details. Abigail certainly a risk on day at the markets. The s p, the fifth day in a row for the winning streak. The optimism carrying right into the new week after some strong economic data. Of course, we have that continuing rally in china. 100 set for its third record close in a row, being helped out by amazon. And above 3000 for the First Time Ever for amazon. Has a 1 trillion market cap once again. Olibre is above 1000 for the first time. Nasdaq a member of the composite and nasdaq 100. Speaking of these records, its incredible. If we look at a chart on the march lows, the nasdaq is now up more than 51 . Did not exist in the Great Depression, but some say the rally for the s p 500 is Great Depression like after its huge drop. Only time will tell. It seems some of the folks that have been reluctant are finally joining in. These are member ranked returns. Money markets had reached a high of 4. 8 trillio
Gaining stoxx 600 are 0. 7 . Trying to still digest moves from the fed at super tuesday. We are getting data out of the euro area. It is coming in instead of the 52. 8 we were expecting. The eurodollar is unchanged. Lifts foring similar the s p future. Lets get straight to first word news in new york city. We begin with an update on the coronavirus. More than 50,000 people have recovered from the virus more been released from the hospital. The number of infections has risen. Now, to the spring meetings of the International Monetary fund. Will use a virtual format instead of holding the conference in washington dc. The two organizations have said they are fully committed to maintaining the coram. Japan is saying it could be possible to delay the summer olympics to later in the year amid concerns the coronavirus could cause the games to be canceled. Late may is seen as the latest a decision could be made. Is pressingapan ahead. Experts from opec and its allies recommended deeper cuts to
40 attorneys general are setting sites on google. It could be a preview of coming attractions when you hear facebook, amazon pop up. First on the google fight, Hillary Vaughn outside of the Supreme Court. Hillary. Reporter almost half of the country state ag are joining forces to investigate silicon valleys biggest tech companies, the first on their list is google. State watchdogs are taking action, looking into whether google is guilty of undermining the competition by buying out startups and ultimately harming consumers through lack of choice. Over 40 state attorneys general are joining the effort and will hold a press conference here on the Supreme Court just two hours from now. Google is responding to this investigation saying they have endured numerous probes related to antitrust globally and are willing to work with regulators, writing this, the doj is asked us to provide information about these past investigations. We expect state attorneys general will ask similar questions. We
Make landfall tonight or tomorrow. 250,000 people are currently without power in South Carolina as charleston braces for a possible 10foot storm surge. Can you imagine if governor of North Carolina is expected to make comments about the impact of dorian. Well keep you updated on the storms path throughout the hour. Connell then there is President Trump, expected to speak any moment from now at the white house. A event awarding the president ial medal of freedom to the basketball halloffamer, jerry west. The logo himself. Well bring you any headlines out of that event. Especially if the president talks about other subjects. Gerri willis watching that rally on the floor of the new york stock exchange. Edward lawrence and blake burman are both on the north lawn off the white house elbowing each other out, searching for space there on the lawn but edward, on the tray front, we start with you, sir. Reporter connell there, was a phone call, big phone call between the two trade delegations. T