suspenseful. more than 24 hour was aa primary race closed, key to which party holds the senate next year, the biggest primary of the year has stretched into night two, with the two gop senate kcandidates deadlocked. david mccormick and trump endorsed mehmet oz. thousands of mail-in ballots are still being counted. and even after they re counted, this dead heat race is likely headed to an automatic recount under pennsylvania law because of the slim margin. so, both oz and mccormick have already acknowledged that still isn t over. in fact, there s a process. we have ten of thousands of mail-in ballots that have not been counted. we re not going to have a result tonight. when all the votes are tallied, i am confident we will win. the process remains. but here comes donald trump today on his social media site, ripping a page right out of his own playbook that his endorsed candidate, oz, just go ahead and declare victory. why? he said so it s, quote, harder for them to cheat.
candidate to declare victory any way. inflation jitters are turning into tremors on wall street. the dow has its worst day in nearly two years amid a crash in retail stocks. and a new report warns the world is coming closer to catastrophe as four key climate change indicators set new records. live from cnn center, this is cnn newsroom, with rosemary church. good to have you with us. the fiercely contested republican senate primary in the key state of pennsylvania is likely to drag on for days while every last vote is tallied. it s a critical showdown that could affect which party controls the u.s. senate come november. tv personality doctor mehmet oz is holding on to a very narrow lead over establishment republican dave mccormick. just over 1200 votes separate them. the race could go either way and a recount is looming. but former president donald trump doesn t want to wait. he encouraged mehmet oz to declare victory now. we can see the path ahead. we can see vict
who has the upper hand. we can see victory ahead and it is all because of you, so thank you, pennsylvania. increased forest fires in the u.s., leaving of corals in the oceans. time is running out. live from london, this is cnn newsroom with max foster. it is thursday, may 19, 9:00 a.m. here in london, 4:00 a.m. in new york and washington. investors on wall street will be waking up after reporting the worst trading day in nearly two years, all eyes on the u.s. markets to see if the roller coaster ride continues as fears of a recession grows. let s take a look at how it is impacting life. gasoline prices are soaring. so are home prices. and if americans want to buy a car, with the supply chain shortages even the price of used cars has skyrocketed. in california, gas prices have hit $6 a gallon this week and experts warn that could be the national average before the summer is out. aaa has the current gas average at just a little over $4.50 today. the cost of grocerie
reported, get this, a stunning 52% drop in first quarter profits, that was just a day after shares in the nation s largest retailer walmart had their worst day in 35 years. what is going on here? they have their fingers on the pulse of the american consumer and they say inflation was the problem, their customers are sticking to the basics when they come in, leaving with fewer items in their shopping carts. those purchasing decisions being driven by sticker shock of course. basics are getting much more expensive, gas up 44% the last year, car, food and shelter also way up. americans are also making more money. wages rising in this tight labor market, but that is also feeding into worries about inflation because of wages. and because of rising prices, people don t feel secure so they are cutting back and that is shaking market confidence. right now stock index futures are leaning lower. asia closed mixed overnight. looks like except for china all down here. let s bring in krist
there. with china in mind. but as biden prepares to head overseas, there are concerns that north korea is preparing to test an intercontinental ballistic missile in the coming days, one more dose of saber ra rattling. the other major story we re following, the u.s. economy in flux, to say the least. wall street set for another rough day, dow futures already down. you see there this morning. after the markets worst day in nearly two years yesterday, ending down nearly 1200 points, 3.5% or so. inflation fears now depressing investor sentiment. many ceos are stating their concerns of a recession could be coming. let s begin at the white house, cnn s john harwood is there. so, first, john to this meeting today, sweden and finland, two countries that avoided membership in the alliance for years, for decades in fact, the invasion of ukraine changed that, the president showing his support today. reporter: that s right. and this is one of a series of consequences that have unfolde