Reported yesterday and a top Infectious Disease expert says its about to get worse. Power lunch starts right now and welcome to power lunch everybody, the election shifting towards joe biden today. He took the lead in the counts in georgia and pennsylvania. Lets go to eamon javers to break down where we stand right now. Were stel loill looking at e same list of uncalled races. Joe bidens lead is increasing weve had more vote now coming in today from pennsylvania, moe are vote out from nevada in pennsylvania bidens lead over trump has grown to more than 13,000 votes. Take a look at the state of pennsylvania we are about 96 complete. Too close to call there. The difference there 13,220. Thats the whole ball game if joe biden wins there, this race is over because thats 20 electoral votes. Biden only needs 17 at this point to go over the top in nevada, press conference just wrapped up in clark county, home to Las Vegas Biden expanded his lead there and is up to 20,000 overall in the state.
Emergency use with ely lilly filing for its drug. Hi, everybody the dow and s p 500 are falling. The nasdaq is imagining to stay in the green on the day and for the week lets go to bob pisani for more. Bob . We are turning around and that is a very good thing given all the uncertainty. A little bit of a down day for energy, banks and industrials. Theres your cyclical group. Theyre generally up on the week theyre up today but down big on the week th this is that churning new high list, pretty much the same list. Not expanding much the same names are on the new high list, target, l brands, colgate freeport stability again, no the bad given all of the uncertainty boeings down today, its been up on the week thats what churn is where are we for the markets the important thing is right now were really focused on the spring reopening rare than the covid winter narrative thats because these selloffs ant getting any traction at all. Theres not a lot of volume, not a lot of panic, just churning.
Gdp to be negative this the First Quarter of 2021. It is friday before a holiday week 59 minutes left in the session down a quarter of a percent on the s p 500. No gobbledy gook coming up for the next two hours here either. Coming up on this show, instead we are going to dive into the latest on the coronavirus and pfizers push to get emergency use authorization for its vaccine with the fda commissioner and pfizer board member dr. Scott gottlieb. Plus, new york city shutting st. Louis down the head of the Teachers Union in new york will be here to weigh in. Lets check on futures mike santoli tracking the margaret as always meg tirrell with the latest on pfizers vaccine and bertha comes has the latest on what President Trump just announced. Mike santoli, lets start with you. Not disturbed so far by the news last night about the treasury pulling the funds from the fed. If you look at the pattern here, it is about a flat week as well. Trading just below the highs we hit on monday. Before t
About a 900point gain in just two days, easing some of lath weeks big losses. The s p 500 is up nearly 60 since President Donald Trump was elected four years ago this day, 2016 stocks have climbed back to reclaim the ground last earlier this year. Tonights election will be decided in the swing states and we will dig into issues, everything from covid to the economy and more power lunch begins right now welcome to power lunch, everybody. Im kelly evans. Weve got an historic election and a huge rally today our reporters are all over it. Bob pisani is watching stocks, ylan is at the polls lets begin with bob pisani on this rally today im calling this the buy everything rally we are off of the highs which we hit late in the morning, but still a substantial rally for the day. Take a look at the sectors when i say buy everything, you know its a good day when banks and industrials and technologies which go in opposite directions are up today today banks, industrials, its your cyclical sector
Well have another big lineup to walk us through thoseresults and what they could mean for your money as well including investors like barry diller so the next 24 hours as i think we all know will be action packed one way or the other. Joe. Thanks, andrew. President trump and joe biden making their final arguments to the American People in swing state rallies last night we made history together in our years ago and tomorrow well make history once again. Were still in the battle for the soul of america, decency, honor, respect you better get out there and vote tomorrow, i will be so angry, ill never come back. Never come back. Im running as a proud democrat but i will govern as an american president for months cnbc has been bringing you exclusive data from our states play of battleground polls. Joe biden has a lead among likely voters in each of the six states that that poll is tracking they say the top issues were the economy, the pandemic and political corruption and check this ut, 46