Building. Maricopa county still has 275,000 ballots that need to be counted. President trump is hoping to stop the vote count but only in some states. Anne makovec joins us now from the live news desk with the very latest. Reporter the vote counting is on as we speak. It looks like we can likely have an answer as to who could be the next president of the United States by the end of the day. The demonstrations you talked about from yesterday continuing this morning including outside the office where theyre counting now in philadelphia, pennsylvania. Lets go inside that room right now where they still have about 1 million votes left to count. Pennsylvania is of course among the handful of Battle Ground states you mentioned still in play this morning. So far the mail in ballots theyre counting have skewed heavily in joe bidens favor but President Trump still has the lead. This was the state where in 2016 he won pennsylvania by less than one percentage point. We have an eye on the counting
About a 900point gain in just two days, easing some of lath weeks big losses. The s p 500 is up nearly 60 since President Donald Trump was elected four years ago this day, 2016 stocks have climbed back to reclaim the ground last earlier this year. Tonights election will be decided in the swing states and we will dig into issues, everything from covid to the economy and more power lunch begins right now welcome to power lunch, everybody. Im kelly evans. Weve got an historic election and a huge rally today our reporters are all over it. Bob pisani is watching stocks, ylan is at the polls lets begin with bob pisani on this rally today im calling this the buy everything rally we are off of the highs which we hit late in the morning, but still a substantial rally for the day. Take a look at the sectors when i say buy everything, you know its a good day when banks and industrials and technologies which go in opposite directions are up today today banks, industrials, its your cyclical sector
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
And officials expect the turnoff to soar in the next couple days. Early voting is underway with polling places open for people who would like to vote in person. This is uncharted territory for us. Because typically we are only open on election day. It will be interesting to see how well utilized this option is and if we will continue to offer this in future election cycles. She expects to seek record turnout this year. So far 122,000 vote by mail ballots have been project collected in marin. Sunday, a steady stream of cars was seen at the dropbox. This Election Year is more important than anything that has happened in our lifetimes. And so it was really important to make sure our voice counted. Reporter representative barbara lee is making sure every vote is cast and counted. This includes staying in contact with the post office to make sure there are no delays. Having similar senator Kamala Harris brings excitement. With senator harris on this is a remarkable historical moment here to
World. All that and more on tonights pbs newshour. Major funding for the pbs newshour has been provided by judy there are two major stories tonight, the postelection transition as President Trump refuses to concede or even allow for the traditional preparations that would normally have begun and the surging burden of covid cases in most areas of the country. The u. S. Hit a new daily record of covid19 infections with more than 144,000 reported yesterday. Hospitalizations top 65,000 for the first time, 22 states are reporting more hospitalizations than at any time says the pandemic began. Deaths are up by 22 from a week you. Ago. Lets look at how this is hitting a number of states especially hard no matter which region. In el paso, texas, makeshift clinics outside hospitals are opening up. Mobile morgues are moving in and a lockdown of nonessential businesses has been extended, testing lines are growing in wisconsin. Cases there have jumped from 700 a day to more than 6000 in two months