Alphabet seeing outsized gains and treasury yields are under pressure giving back some of their recent pop, thats weighing on the financials the Kbw Bank Index is down around 3 with 59 minutes left in the session, banks one of the few decliners, sara, broader markets ripping up. We have a great lineup of guests over the next two hours to help make sense of the election, the market and your money. In just a few moments Guggenheims Scott Minerd will join us with his take on the rally and later we will hear from long time pharma exec fred hassan about the impact of the election on health care, those stocks zooming higher, plus kyle bass with a take on what all this means with the u. S. Relationship with china and bob diamond will weigh in on the banks. Lets get straight to the market rally that is happening. Mike santoli tracking all the action. You see a move like this, its very sudden, very dramatic in response to a widely watched known catalyst and you have two things, one is whats the
And well be following this roll call as it plays out. It happens over several minutes. There are a lot of states who want to be counted. You see the tally at the bottom of your screen. Well bring you highlights as we go this evening. Well of course go to that big moment when joe biden officially clinches the nomination with 2,374 votes needed. We can dip in if you want. Theres montana now. Joe biden has a plan to make it happen. Montana casts one vote for Bernie Sanders and 18 votes for our next president , joe biden. Nebraska. And thats the way its been playing out. This is really a nomination on location. There are also some big speeches ahead this evening, including former secretary of state john kerry, who was the democrats 2004 president ial nominee, form secretary of state colin powell, a republican, and tonights headliner, joe bidens wife, dr. Jill biden. Well, its been a busy night. They have been on the air over an hour now. Weve seen a number of noteworthy speakers, including
Newsom. Last i cooked its august of 2020. My understanding is that in january, the end of january 2021, that decision will need to be made. The governor added hes focused on flattening the curve, keeping people safe and healthy. Criticism comes with the job. Not only is the Vice President ial candidate, but harris has been under the microscope for decades, dating back to her time as San Franciscos d. A. Melissa colorado has more on her scrutiny on record of crime. Reporter there was no audible applause or audience in delaware. The cheers were coming from living i keep thinking it started in the bay area. That first race when she was at 6 per 6 . Reporter she helped catapult harris political career as her Campaign Manager back in 2003, when harris ran to unseat her former boss as San Franciscos district attorney. She was the most progressive prosecutor. You know, she did recidivism programs before anybody was talking about that. She is a centrist moderate democrat, shes not a progressiv
Record rise in cases and a warning for americans Top University predicts 118000. Deaths. And South Koreans the 70th anniversary of the war with north korea. Australias Largest Airline quantas is cutting 6000. 00 staff to reduce costs as it fights to survive the crown of virus pandemic the airline is grounding 100. 00 planes for at least a year and will keep 15000. 00 workers on leave for months its boss alan joyce says hes hoping to save 10000000000. 00 over 3 years in response to what he says is the biggest crisis the industry has ever faced. This crisis is still hit those very very hard and the impact will be felt for a long time particularly im sorry to say the impact on our people it is very clear that International Travel is likely to be stalled for some considerable time i outed the peak body for the Airline Industry says it will take more than train years for Global Travel to return to 2019 levels and make a leg aids joins us now live from kamber and so nick a call this is a big
In bangladesh to leave their capital and head back to villages a record rise in cases and a warning for americans Top University predicts 180000 with 19 deaths by october. Pakistans state grounds more than one 3rd of its pilots after an investigation finds their licenses were dubious. Australias Largest Airline quantas is cutting 6000. 00 staff to reduce costs as it fights to survive the coronavirus and make the airline is grounding 100. 00 planes for at least a year 15000 workers on the 4 months its boss alan joyce says hes hoping to save 10000000000. 00 over 3 years in response to what he says is the biggest crisis the industry has ever faced. This crisis is still hit those 30 pretty hard and the impact will be felt for a long time particularly im sorry to say the impact on our people it is very clear that International Travel is likely to be stalled for some considerable time on out to the peak body for the Airline Industry says it will take more than tree years for Global Travel to