Counting continues in a handful of states with more results to to be announced in the coming hours. In other news the u. N. Calls for an immediate deescalation intentions as ethiopias Prime Minister sends troops into the to gray region. Its over 600 g. M. T. Which is 1 oclock in the morning in the United States and in georgia one of several battleground states where the results of tuesdays president ial election remains in the balance now these are the latest pictures from atlanta georgias capital city where a vote counting still ongoing is the extremely close race in the traditionally republican states and all troops initial lead has been steadily falling now hes about 28000 votes ahead with thousands of absentee ballots still to be counted now we are expecting more data in the coming hours what might help joe biden though most of all is that the remaining votes from atlanta are from the suburbs which lean more towards the democrats what winning georgia could be crucial for biden this
And solid numbers in tech are not enough to keep investors from selling, dragging down u. S. Equity futures. Good morning. Over the past 45 minutes, we have seen a leg lower across equity futures as well as across the msci asia pacific, even though yesterday wall street did close higher, it was a relatively flat close in europe. S p 500 futures down 0. 9 , and the nasdaq 100 futures extending the losses past 2 this morning. Clearly the stabilization yesterday has not been enough. It has been a difficult week in the markets. The tech overnight did not meet expectations. Apple down more than 4 in afterhours trading. It was about expenses and costs for apple in china. Twitter extending losses more than 17 in overnight trading. For investors. Alphabet, one bright spot in big tech, up or than 6 . U. S. 10 year yields at 80 basis points. This was the close yesterday for the german bund market as well as the 10 year italian btps. Christine lagarde gave a clear signal more stimulus is on the w
The index jumped about midweek ahead of us elections but did see some losses on friday with some sharp declines in the health care and Consumer Sectors analysts predict little policy change toward china under a Biden Administration but they do expect a more multilateral approach when it comes to trade in hong kong the hong saying is also in the green in with 16 that week closing highs the regions major markets surge 3. 5 percent on close on thursday shares gained on a possible by then when in japan similar trends here another green arrow for the nikkei the index reached its highest level in 29 years after another surge on wall street iron and steel marine transportation and electric appliance issues led with these big gains in india the sun sets also up with a 5. 7 percent gain its biggest weekly gain in just 5 months will end next heavyweight Reliance Industries and financial stocks. Benchmark investors are also celebrating that possible by the presidency another green arrow in austra
Led those shares higher in south africa were seeing another green arrow for the all shares the rand rallied going into friday on indications of that fight in possible victory in the us now to europe the cac and the dax how to a very good week despite the reintroduction of these coded lock downs across many places in europe the french a significant recovery since tumbling admit october amid weak earning results and renewed lockdown measures the cac is up almost 400. 00 points for the week and the german dax is also up this week but we may soon see some levels of resistance now that germany has announced the imposition of month Long National walked around but will continue to put pressure on the benchmark docks 30 as local authorities keep the door open to extend those current restrictions if breaks arent successfully suppressed headed up to the u. K. The footsie is also. For the week and he brags that concerns dont seem to be slowing down the upward climb as a footsie has been up every
Good tuesday morning. Welcome to squawk alley. Im Carl Quintanilla with jon fortt and Julia Boorstin on this election day markets are continuing the rally we got on monday were close to session highs right now. Dow is up 665. Best day since june 5th for the dow and s p 500. Best breadth since april 8th nasdaq and s p 500 erased their october loss, jon, as were seeing things like yields go higher as well and the dollar weaken which is another sign that some of the imbedding on emerging markets going out of this election. Yeah, carl. Looking at tech overall and particularly big tech, its interesting the gap between microsoft and amazon lagging behind apple, thats narrowing a bit. Remember, you had apple above 2 trillion in market cap and around 1. 5 trillion now thats come down apple is below 2 trillion those two are still around 1. 5 alphabet lagging all of those year to date so what is surging today tesla is up 5. 5 sales force, cisco, micron, dell, if you look at enterprise space, tho