Americas Largest School system closed. The Ripple Effect of our kid being sent back home and a cnbc special investigation. Faster payments mean faster fraud. Criminals using popular apps to launder cash meant for americans. Good evening more good news to report on the vaccine front tonight and it comes at a dire point in the pandemic just an hour ago we got word the United States has now topped more than a quarter Million Deaths thats more than strokes, suicide and car crashes typically kill in a full year. The virus killed more than 1,700 americans yesterday alone. Johns hopkins reports its the deadliest day in six months. In addition, hospitalizations hit another high more than 76,000 people in the hospital for covid, according to the covid tracking project by nearly every available metric, the pandemic is worse than ever, everywhere across the country. For months new york city kept its positivity level very low. Now its rising and forcing the Largest School District Court in the nat
Suit in multiple states to stop vote counting. Heres a look at where things stand that hour. In the race to the 270 electoral votes to win the white house, according to nbc, Vice President biden has 253, President Trump as 214 we continue to await results from five critical states, pennsylvania, north carolina, georgia, nevada, and michigan. President Trump Holding on to the lead it is continuing to narrow as mail ballots are being counted the pennsylvania secretary of state will have an update next hour in arizona, President Trump narrowed the gap but biden is holding on to a 68,000 vote lead were still awaiting several hundred thousand votes in maricopa county, the most populous and diverse area in the state. A new count there expected to come later tonight and in georgia, Vice President biden has significantly narrowed the gap which recently stood at about 18,000 votes and more than 60,000 votes Outstanding New numbers from democrat leaning Fulton County coming any munn a minute and
Suspending ant Group Listing major issues, this is days before the largest ipo of all time well give you the latest details. And social Media Election strategies how facebook and twitter aim to tackle misinformation on their platforms as voters head to the polls and beyond whatever beyond means, carl. David, thanks guys, were going to be talking all day and all night about arizona, florida, georgia, North Carolina, jim, goldmans got a note out just now saying because it would be difficult if the president does not win any of those states, quote, there is a good chance the election outcome will be clear on election night. Right, i think that thats what the market is saying. So the collectionive voice of the market, both yesterday and not just the morning, but when the nasdaq rallied in the afternoon and today with the futures, people say, we cannot afford after last week with the market being down, we cant afford to wait for the outcome we have to presume the outcome is going to lead to
Claims came in better than expected, 709,000 signaling more improvement in the labor market. And treasury yields dropping sharply following yesterdays bond market closure. Thats putting pressure on banks, which are among todays worst performers though still strong performers for the week 59 minutes left in the session, sara every sector firmly in the red. Ahead on todays show, chipotle unveiling its first ever digital only restaurant this week without a dining room or a line for ordering we will speak with the ceo brian noccol about the strategy there. And Jeremy Grantham said he thought the market was a mccoy bubble we will get an update on his that it is since those comments. Disney, pal an tear and cisco reporting after the bell we will bring you the numbers as they happen. Mike, whats the market dealing with. Contending with worries pileup of news on the shutdown, on the virus, maybe getting worried about what growth is going to look like in the First Quarter or two the s p 500 was
Im becky quick along with joe kerr de kernen and Andrew Ross Sorkin. After two days of optimism, the get out there again trade was on turned around a little bit yesterday. We did see people rushing back to the stayathome stocks as covid cases and momentization hs continue to climb. And some states are imposing restrictions and the nasdaq ended up 2 after being down monday and tuesday. Yesterday the dow ended flat, right now indicated down by about 115. Never made to the record, still waiting circumstanling around tt s p 500 down by 2. 5 and nasdaq indicated up another 51 points this morning these were the stay at home stocks, amazon up, apple up 3 , zoom which had gotten hammered, yesterday up by almost 10 took c docusign 5. 2 and netflix 2. 2 and treasury yields, yesterday it was closed for veterans day this morning it is open and you can see the ten year still around the very heightened levels, again, not historically, but based on what weve seen in recent history within range of 1 a