Suit in multiple states to stop vote counting. Heres a look at where things stand that hour. In the race to the 270 electoral votes to win the white house, according to nbc, Vice President biden has 253, President Trump as 214 we continue to await results from five critical states, pennsylvania, north carolina, georgia, nevada, and michigan. President Trump Holding on to the lead it is continuing to narrow as mail ballots are being counted the pennsylvania secretary of state will have an update next hour in arizona, President Trump narrowed the gap but biden is holding on to a 68,000 vote lead were still awaiting several hundred thousand votes in maricopa county, the most populous and diverse area in the state. A new count there expected to come later tonight and in georgia, Vice President biden has significantly narrowed the gap which recently stood at about 18,000 votes and more than 60,000 votes Outstanding New numbers from democrat leaning Fulton County coming any munn a minute and
Alltime high of 70plus thousand on a sevenday average. Steve weiss, turn to you dow down 10 from its high no, we dont have control of the virus. We dont have stimulus were not rounding the corner. We are, as dr. Scott gottlieb said on squawk entering the most difficult phase of the pandemic we have yields lower s ps down for three Straight Days what do we do with this today, steve . Well, ive taken off a number of positions ive added some shorts, added some puts to protect stocks for earnings theyve done a little bit, but ineffective when you look at the carnage thats out there in stocks like u. P. S. And microsoft, which both had good quarters im very cautious on the markets. Were through earnings earnings hasnt been a lift. Even though its a good earnings quarter, put it in perspective its still down 16 year over year so, markets are way overvalued corona is a big issue. I dont see returning to march lows because i checked the number of cases in china and south korea and the philippi
Upper 106 level before u. S. Retail sales and trade talks are planned for the weekend. We are seeing dollar weakness in recent days. Gold futures at 1946. It is above 1900, a wild ride for the metal after surging 30 this year. We saw the plunge below 1900 tuesday. Gold is still an of the bestperforming commodities of 2020. 66. 22. 10 year yield at lets flip the page and look at where we are in terms of the chinese shares ahead of a slew of data for july on friday, including Industrial Production and retail sales. The csi 300 is in negative territory, down. 4 . The yuan is at 6. 93. The hang seng is getting some gains. Center, infront and negative territory right now even as it the highest estimate. Tencent also played down the Trump Administration as we check been. Ban wechat the kospi is up on a 52week high. Look at southeast asia, this is asias worst performer this year, correctly up. 5 . It may rise to between 6500 to 7000 this year, driven by pretty much the government stimulus pac
With your global news update thanks for joining us here on r. T. International. Here are the latest figures in the covert 19 pandemic more than 800000 cases of now being confirmed globally thats an increase of 9 percent in the past 24 hours well and 39000 people have lost their lives 172000 have recovered. The Global Movement is gathering pace calling on landlords to stop charging rent for housing during the Ongoing Health crisis and one multibillion euro firm has latched onto the idea added us is refusing to pay rent on its stores in germany due to the current lockdown politicians furious to all of reports. To stay at home to save lives is being the all encompassing mantra of this pandemic but for those that cant work from home well it has meant losing their jobs for some and having to rely on state benefits for one of the Worlds Largest sports money factor is its made them well refusing to pay rent for some of the stores theyve been forced to close off what adi das is done and its dr
Just three Industry Groups are higher, and really, the highest among them are the food, beverage, and tobacco index. Mainly, the banks are lower by 2 , consumer durables down by 2 . Everything else down 1 or more. The 10 year yield at 57 basis points. I mean, essentially, the market is taking this really dire labor number very well. Down seven for the month of for the down 701,000 month of march. Was weeks before the mandated quarantine for many, so we know this is going to get worse. 26. 89, reflecting the mood between the president and russia and saudi arabia. Russia said it never saw prices going to 20. The dollar index at 100. 7 right now. An eye onant to keep that. The dollar continuing to be something of a stress point and a little but of a tell on these markets. U. S. And european stocks are down hard. We know that your to date. The s p down circa 20 . The stoxx 600 down 25 . A lot of people asking the question, is now the point at which longterm investors should be looking to r