Warnings in the west, and a noreaster strikes new england, leaving snow behind. A historic new york city church. Why this endangered creature could hold the key the a covid cure. And later, meet mateo, a 5yearold on a special mission. To get letters to santa. This is the cbs overnight news. Good evening and thanks for joining us. Tonight, Rudy Giuliani President Trumps personal lawyer and the leader of his attempts to overturn the results of the election have contracted the coronavirus. The president confirmed it in a tweet. The news comes as covid rages across the country and another 214,000 cases were reported saturday. Nearly 15 Million People in the country have now been infected. The death toll now topping 282,000. Tonight, the most populaced state in the country, california faces strict new restrictions to slow the spread. Reporter california is on the brink facing tough new covid restrictions, more than 32 million have been ordered to stay home now and for the holidays. Its frus
Ukraine and georgias relationship with nato and especially how these countries fit [audio difficulty] selection process. A bit of an issue that was announced by the secretarygeneral to see how theyre prepared for the next decade. And eventually maybe to use strategic concept, and i think this is not a luxury. The current one is from 2007, if im not mistaken, so i would argue there is a need to rethink nato strategy. The world that nato operates in today has certainly changed in about ten years. For instance, think about the increased presence of china and the European Security landscape, think about the continued assertiveness of russia and key regions for transAtlantic Security, but also [inaudible] cyber warfare, cyber attacks. So the alliance must adapt, and if it wants to stay relevant, it will meet these challenges. But that also includes how nato with partners. Its crucial that countries like ukraine or georgia are included in this 2030 reflection process because increasingly nat
Thanks to pfizer well have a vaccine by the end of First Quarter that news sent the market soaring. The dow is only surging 830 points that tech heavy nasdaq, the demand of so many stocks that did well under covid19 tyranny lost in an astounding 1. 53 . What a bifurcation it is also the time. We are in the middle of a spike of infections. New cases are exploding over the country, over 100,000 a day and even the weekend we are much treating it in the spring that only matters if we have enough hospital beds a lot of people are having cavalier attitude. Hey, you are fine unless you are old. Well, guess what, a lot of us are old. The sense is understood and respected. When you have more than 100,000 new infections everyday, you are looking at a lot of fatalities we need this the truth is we tried to fight the pandemic state by state. That failed. Europeans are failing too, i know, asia is doing great. If we were serious of Contact Tracing and social distancing and wearing masks, we may be
North carolina, and ohio whether we will get a clear result tonight remains to be seen the tenyear note level higher than since early june. Banks among the best performing stocks in the dow and the s p. Oil prices are gaining ground but the Energy Sector is the only in the red. Overall a broad based strong day on wall street. Following gains yesterday as well lets get straight to the big stories we are watching. Mike santoli is here watching the market rally. And ylan moi is following the all important balance of power in the senate for us mike santoli, welcome. Good twoday run in the markets. It is inhabiting the ground we were in the last half of last week and gone right to the middle 3,400 is the middle of the long threemonth range. If you think about it it has taken two days to lift the indexes back onto a balanced footing. We were pretty oversold last week challenged and tested the september lows bounced off of that today. Make sure folks are not leaning too much in one direction
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