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
Now. Power lunch starts now thanks welcome to power lunch broadcasting from a secure and undisclosed location the nasdaq on pace for its first negative week since june lets go to bob for more on the marks. Bob. Choppy trading but very narrow trading range bio tech sb flat energy, oil has been hugging 40 for a month now. Were down today but up overall in the week. Banks are down but up on the week and had a pretty good week. Amazon down about 8 this week one of the worst week its had in a long time all the damage in netflix has opinion today. The problem is when you have megagabe kaplerture ecagabe kacm players. Thats a head and shoulders, folks round trip the same situation with netflix, really netflix was 500 a couple of weeks ago. It goes to 580 and then its back down to below 500 thats another semi head and shoulders. We keep trying to get over 3230. Were just keep knocking on the doorp that guys have a good weekend. The same to you the Trump Administration is ramping up its rhetori
Buying for a total of 664 delegates in the three states. Iran is stepping up the pressure on its citizens to stay home and avoid unnecessary travel. Iranian state tv is morning millions could die if the public he is ignoring health guidance. The morning came hours after hardline shiite faithfuls pushed their way into the courtyards of two major shrines that had been closed over fears of the virus. Iran has had more than 16,000 cases of coronavirus, and nearly 1000 have died. Global news 24 hours a day, onair, and on quicktake by bloomberg, powered by more than 2700 journalists and analysts in over 120 countries. Im Mark Crumpton. This is bloomberg. Shery live from bloomberg World Headquarters in new york, im shery ahn. Live in toronto, im Jon Erlichman. Welcome to bloomberg markets. We are joined by our bloomberg and Bnn Bloomberg audiences. Shery here are the top stories we are following from around the world. U. S. Stocks rebound from the biggest route since 1987, as the government s
On this busy day, weve got full team kovrnl like you could not get anywhere else. Bertha coombs at the New York Stock Exchange Steve Liesman digging into the Economic Impact and meg here with the larapid response from companies. Dow down more than 1000 points b Bertha Coombs is there for us. Hi hi, kell lichlt the dow taking out its january lows today and dropping below 28,000 for the First Time Since december chip makers among the biggest losers today the surge in cases now in south korea, weve also seen the consumer names, tap tri leading the sell off while carnival crashes. Health insurers, its about medicare for all about Bernie Sanders put in a decisive win following a big win in the New Hampshire primary. That sector down 9 from last week finally, bucking the trend at the opposite end, gilead hitting a new high with Health Officials siting process on the ability to treat the drug and clorox, but guys, keeping things clean is the first line of defense against infection. Thank you
The premarket. It is down two and a quarter percent on mcdonalds right now. Under armor under investigation, the Company Reportedly facing a federal probe over its Accounting Practices. How it recorded sales, stock is plunging this morning on that news. Under armor shares down 16 and three quarters percent. U. S. China trade optimism fueling the broader averages. President trump in Constant Contact with chinese president xxijinping. A deal could be reached this month. Futures indicating a gain in the p p triple digits at the start of trading this morning. S p 500 is up 15, nasdaq higher by 51. Mornings with maria begins right now. Youre the only thing i know. So wont you take, wont you take me home. Maria good monday morning. We have a big show this morning. Joining the conversation, lee car first here. Cfra director of Equity Research, ken leon is here and mitch rochell. We have a big shakeup going on at mcdonalds this morning. The Company Fired the ceo over a consensual relationship