I love or the greatest. Gift to god. So i had to vote because we have to get them past 3 years but theres no way we can have 4 more years with them yes or the biden. I dont know kind of lesser of 2 evils for me but i think the trumps going to win it more than he did last time its actually really close i think its pretty close i see a different you know the sound guy and if he turns out that i think that and i think its a good day to make it say. Also coming up the business of predicting u. S. Election results in 2016 the polls missed the mark big time just ask Hillary Clinton in 2020 there are still plenty of predictions but this time they require patient were rightly not going to get a clear winner on Election Night and thats different from not having a clear winner its not a sign of our system failing us actually just means were giving people who are counting the ballots time to count about. But to our viewers watching on p. B. S. In the United States and to all of you around the wor
Good tuesday morning. Welcome to squawk alley. Im Carl Quintanilla with jon fortt and Julia Boorstin on this election day markets are continuing the rally we got on monday were close to session highs right now. Dow is up 665. Best day since june 5th for the dow and s p 500. Best breadth since april 8th nasdaq and s p 500 erased their october loss, jon, as were seeing things like yields go higher as well and the dollar weaken which is another sign that some of the imbedding on emerging markets going out of this election. Yeah, carl. Looking at tech overall and particularly big tech, its interesting the gap between microsoft and amazon lagging behind apple, thats narrowing a bit. Remember, you had apple above 2 trillion in market cap and around 1. 5 trillion now thats come down apple is below 2 trillion those two are still around 1. 5 alphabet lagging all of those year to date so what is surging today tesla is up 5. 5 sales force, cisco, micron, dell, if you look at enterprise space, tho
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
Suspending ant Group Listing major issues, this is days before the largest ipo of all time well give you the latest details. And social Media Election strategies how facebook and twitter aim to tackle misinformation on their platforms as voters head to the polls and beyond whatever beyond means, carl. David, thanks guys, were going to be talking all day and all night about arizona, florida, georgia, North Carolina, jim, goldmans got a note out just now saying because it would be difficult if the president does not win any of those states, quote, there is a good chance the election outcome will be clear on election night. Right, i think that thats what the market is saying. So the collectionive voice of the market, both yesterday and not just the morning, but when the nasdaq rallied in the afternoon and today with the futures, people say, we cannot afford after last week with the market being down, we cant afford to wait for the outcome we have to presume the outcome is going to lead to
Sep currently up 0. 4 percent, on the back of protests over the weekend. Rishaad 44 minutes to go before we get trading underway in india. Nifty futures coming under pressure, down by 0. 4 . Looking at the crude oil picture, they are sustaining some of the gains we have had. A 10 rise in the last five trading days. It could be on, the march to the 100 level according to some. And a look at what is going on with the yuan, at 6. 76. We see the fiveyear loan prime rate holding study from the previous month. Holding steady from the previous month. Lets have a look at what is going on with the first word news. Lets join karina mitchell. Karina a very good morning to you. New japanese Prime Minister has held his first call as leader with president trump, with the para bowing to strengthen ties. They also agreed to incorporate on a vaccine. He may meet the u. S. Secretary of state soon. Others. Spoke with trump says he will nominate a successor for Supreme Court Justice Ruth Bader ginsburg th