Im becky quick along with joe kerr de kernen and Andrew Ross Sorkin. After two days of optimism, the get out there again trade was on turned around a little bit yesterday. We did see people rushing back to the stayathome stocks as covid cases and momentization hs continue to climb. And some states are imposing restrictions and the nasdaq ended up 2 after being down monday and tuesday. Yesterday the dow ended flat, right now indicated down by about 115. Never made to the record, still waiting circumstanling around tt s p 500 down by 2. 5 and nasdaq indicated up another 51 points this morning these were the stay at home stocks, amazon up, apple up 3 , zoom which had gotten hammered, yesterday up by almost 10 took c docusign 5. 2 and netflix 2. 2 and treasury yields, yesterday it was closed for veterans day this morning it is open and you can see the ten year still around the very heightened levels, again, not historically, but based on what weve seen in recent history within range of 1 a
Bide 253 Electoral College votes, trump 214 biden needs 1 out of those gray states that you see there, which still have not reported their results yet. Were expecting new numbers from nevada any minute now. Were going to watch for that. Look at the state of play in arizona as we move around the country. You see its biden in the lead 50. 5 to 48. 1, a difference of just over 68,000 votes ive talked to some trump people they are optimistic that the tail end of the count is going to be protrump because they are votes dropped off in person. You see the margin in nevada 49. 3, trump 48. 7 86 of the vote in there thats where were expecting some new numbers today the biden margin there is narrow but we dont know exactly what vote is coming in and from where in the state and which counties its coming in were going to have to watch for that one pennsylvania, theres been counting in fits and starts and who is allowed to be in which polling play counting house to see the actual results being coun
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
Way. What sent the cryptocurrency sit to its highest level in nearly three years. We start tonight with the story thats front and center for investors, and all of americas right now. Thats the vote counting under way in five key battleground states plus alaska eamon javers has more on where things stand at this hour. We havent really moved all day today, as all the vote counters around the country are doing their jobs biden 253, trump 214 in the race to 270 joe biden has more paths to 270 now than donald trump does, but its not over for either man lets start with arizona you can see where we stand in that state theyve been giving us new data throughout the day that is 11 electoral votes available there. Nevada was giving us data throughout the day still too close to call with 89 of the vote in in nevada georgia, another state where were seeing an interesting move by the biden camp, making a run at a historically very, very red state. 49. 5 for trump, 49. 3 for biden a difference there,
Market another major selloff on wall street. Stocks temably tumbling s p tumbling but check out what happened on the year this has only happened 17 times before going back to 1962. Brian kelly, what does this tell you about the market well, it tells me we are in for some tough sledding, a lot of turbulence. What is interesting, that bonds and stocks did Different Things than they should have done there are a lot of people in the market, when stocks are down and bonds are supposed to be up. They used that as part of their port foal yoan when things get out of whack, they have to balance that. This feels like the end of february, beginning of march gold didnt do well, bonds didnt do well the only class that was up was bitcoin. That seems to be a safe haven. Jeff, what did you make of that when we talk about safe havens, it is not necessarily negative health care outperformed and utilities outperformed so it was the usual suspects but tech not being a safe haven, that speaks to the statis