Street audience. It is really important to look at the levels here and not the abrupt changes day after day. Moments ago, s p futures 3500. Dow level, 29,000 plus. Nasdaq 100 level, 12,000. That is a market that is adjusting. Jonathan the nasdaq up 9 since election day. Three days, nasdaq futures up 9 . Can you make sense of some of this price action . Tom absolutely not. Jonathan seeing the equity market up this much is pretty impressive. Tom we can pontificate about it. Lisa will have all of the answers about why we are moving up. Just in the last hour, yields come in. Of all of the political debate this morning, the one little tea leaf was in georgia. Mr. Biden narrows the gap with 96 counted. Tom you mentioned jonathan you mentioned the bond market. The company continues. Lisa if you want a neat narrative, you can but fun of me and tell me it is wrong, and it probably is, but i think the narrative of the day is that the fed its going to have to provide more support to the economy b
White house in the east room. With 400 of his closest friends. Thanks to mary a parker. Emily wilkins is covering the biden campaign. Emily the Vice President began his day in delaware. He visited the grave of his son beau biden. He said his sons passing was part of the reason he decided to launch this third for president. He visited scranton pennsylvania and is now just leaving philadelphia. We are expecting him on the stage in wilmington, delaware. We do not know whether we will be able to have a president ial announcement at that point, but we are expecting joe biden to address the nation. David Emily Wilkins will be with us throughout the evening as well as she covers the Vice President s campaign. The markets have been watching the election closely. We turned to Abigail Doolittle for what they are telling us today. What are they saying. Abigail we have investors interested in stocks. A very big rally on our hands. The s p 500 up 2 , its best day since june. Investors wanting in. I
Twitter saying that many of those votes are many of those comments are misleading. We continue to feel, the senator and i, we continue to feel very good about how things stand. We have no doubt that when the count is finished, senator harris and i will be declared the winners. I asked everyone to stay calm. The process is working. The count is being completed. We will know very soon. Be following the results, live reports from pennsylvania, where we are just learning that the Truck Campaign is filing a lawsuit as votes are being counted there. Markets are extending the biggest rally since april as investors rushed back into tech. The fed is keeping results near zero. Cooper is out with ubereats is still a bright spot for cooper as the pandemic continues on. Abigail doolittle is following the rally as this election remains uncertain. It is amazing that we do not know who the president of the United States is and we are in the middle of the best week for stocks going back to april. If we
For nevada, they are also threatening legal action in pennsylvania, georgia, and other battleground states. We should note that in the battleground state of pennsylvania, they are saying, the trump companion, they have victory by allowing poll watchers to be participating in these votes that are being counted. Either way, when i speak to sources on both joe bidens campaign and President Trumps campaign, both sides are saying they feel confident they will win. There are no more scheduled Public Events for President Trump later today. We are anticipating we will hear from President Trump on camera. Thatd that, we should note another state the Trump Campaign says they would like to see reversed is arizona. Where phoenixy, is located, those results anticipated in the evening hours, new york time. Bottomline, that is where things stand. There will become as you mentioned, as steady inflow of data, including in this hour in nevada throughout the day. David the subject of that pennsylvania vi
Vaccine. I love what Greg Valliere published minutes ago, where he says this is a humanitarian crisis, and another word he uses in his terse note is acceleration. Not only acceleration of chases and deaths, but this is about the medical industry and the hospitalizations. Peter hotez scheduled to be with us later this morning. Jonathan in various places around the country, the Health Care System is being overwhelmed. The caseload has gone from about 77,000 at the start of this around 150,000. Silent, anduse is congress isnt looking at a fiscal package right now. They are looking at nominating judy shelton to the Federal Reserve. For this market, the policy focus isnt there. Tom what is interesting is the incongruence of the president and the care he got at walter reed, whereas from sea to shining sea, it is not happening. I cannot convey the strangeness of american media, election, election, election, and below the fold is here is the mass of the pandemic. Jonathan weve got a crisis. In