Commitment for live Senate Coverage starting in a moment howevewe will recd the presidt elect and have it later on the cspan networks. Live to the senate where they e planning to wk on a nomition for u. S. District court for the Southern District of mississippi. The president pro tempor the senate will come to order. Thchaplain, dr. Barry black, will open the senate with the chaplain let us pray. Eterl redeemer, provide our laakers with your grace, mercy, and peace by your grace, may they forget the challenges behind them. By your mercy, may they reach for the opportunities that beckon. By yr peace, may they possess anquanimity of temperament during lifes fluctuating intricacies. Lord, give them a passion for truth and a reluctance to major minors. Use their exemplary lives to inspire people to live wh faith, purse, and power. Remind us all that though we may planned, you deterne what will finally happen. Amenray in your great name. The president pro tempore please joi me in the pledge
Standoff, a weekend a day after the election. What is the Trump Campaigns strategy in all of this . Guest the Campaign Strategy is to mount legal challenges. And the republican strategy is to stand with President Trump. It was evident on monday at the capital that Mitch Mcconnell, senator roy blunt and other members of the Republican Leadership stand in lockstep with President Trump as he pursues different recounts and litigation across the political map. Its an example of the solidarity of the gop despite President Trumps defeat, and also a challenge for Vice President elect biden who is trying to mount a transition at this point but he doesnt have formal backing from the current administration. Host what are you hearing is the mood inside the white house, officials and sources you talk to . Guest President Trump is unlikely to concede this election. He may walk away from the white the electionary if is certified formally for president elect biden. He becomes president of the united s
We are awaiting updates from the keystone state this hour. We are expecting former Vice President joe biden to speak in prime time. First, the u. S. Stock market close the week with gains. The s p and nasdaq having both their best week since april hold into next week. Lets get the latest from Sarah Ponczek from new york. Investors dont seem to care about the uncertainty of the president ial election. Sarah they do not seem to care. Today, we did see a slowing in the rally. Look at where the major indexes didnt today. The dow element lower, the russell 2000 and smallcap cages lower by 1 or so. The constant remains that tech holds that leadership position. Albeit a small gain. It is unbelievable to watch the best weeks since april the 9 . Up 7 , the nasdaq up even though we have this delayed election result and we are not going to get a blue suite, still on question a little bit as it stands but with the outlook we have, markets do seem to be happy with it, even though last week it was i
And covid continues to peak across the country, once again shutting new york city Public Schools down. With vaccines on the way but still not quite ready, we speak to 23andme ceo Anne Wojcicki. Could their research on genes and covid give us more clues on how to fight it faster . All of those stories in a moment, but first, u. S. Stocks dropping as fresh resections put in place to limit the spread of covid19 overshadowed positive news about Vaccine Development. Our Abigail Doolittle has more. Abigail, generally the markets were quieter today, but then it fell off late in the day. Abigail yeah, truly a sleeper for much of the day. Very small, fluctuating moves. Cyclical rotation trying to take over. Then new york city headlines crossed on top of the mta news around the subway. Earlier today, you had these two negative headlines. Of course the second one being that schools are shutting tomorrow until at least after thanksgiving on the 3 , sevenday rolling Positivity Rate here in new york
Everyone here is really waiting with baited breath on who the president of the United States is. We understand through the counting that joe biden could win it. It is razor thin, but we dont know for certain. The markets dont expect some kind of surprise, which is why they are stable and up. The other story is the bank of england, talking possibly about negative rates. Although, not for now. Guy johnson in the conversation with the governor talking about the Downside Risk. I think we have learned earlier this year with thoughts of covid, that we act both andkly and we do at clearly scale. We have a very substantial genocide risk on the forecast, and a lot of that relates to how covid itself will evolve. The bank ofernor of england. Extensive comments on this. Really important interview, mr. Johnson, with Nestor Bailey on the bank of england. I should note, sterling rallies nicely. Some of the headlines this morning are pretty shocking. Let me do a data check. Jonathan ferro just emaile