Message in the market that we need to Pay Attention to i think its interesting because last weeks the markets were so weak and everyone felt so despondent that this week was going to be just a replay of last week. I think that as the election is here today, people are settled, i think, into the fact that we will have a result i thisnk the market thinks we will have a result in the next 24 hours i think we all have fatigue from this election and i this i just havi i think just having a decision is what the market is pricing in now and after the decision, well go from there. I think the market is positive for clarity. It may not be clear but well see tomorrow what actually happens. Unless the market is getting ahead of itself. If you go by our cnbc states of play poll, only one in five think youre going to have an answer tonight on election night. The market seems to be acting over the next couple of days like were going to go to bed knowing who the next president will be or donald trump
Every sector finished in the green except for energy. Yields pushed higher so is the market giving an all clear when it comes to getting some Election Night clarity . What do you say . All clear, definitely not i think a lot of people are trying to gauge what basically the last week and a half ment. Half of that move last week we got back over the last couple trading days i will tell you flat out i have no idea. I can make a case for both candidates based on the sector maybe the president will be reelected but the counter is maybe the bond move helped and the crude went higher, perhaps that is suggestive of biden winning. If you have a candidate either one with a concession speak tonight or in the wee hours of the morning when you are on melissa lee, that will take what it closed at today down to the high 20s if thats the case, i think you buy the vix once again do you think the markets are saying anything about the election maybe not who will win, but the fact we might have a winner s
Claims came in better than expected, 709,000 signaling more improvement in the labor market. And treasury yields dropping sharply following yesterdays bond market closure. Thats putting pressure on banks, which are among todays worst performers though still strong performers for the week 59 minutes left in the session, sara every sector firmly in the red. Ahead on todays show, chipotle unveiling its first ever digital only restaurant this week without a dining room or a line for ordering we will speak with the ceo brian noccol about the strategy there. And Jeremy Grantham said he thought the market was a mccoy bubble we will get an update on his that it is since those comments. Disney, pal an tear and cisco reporting after the bell we will bring you the numbers as they happen. Mike, whats the market dealing with. Contending with worries pileup of news on the shutdown, on the virus, maybe getting worried about what growth is going to look like in the First Quarter or two the s p 500 was
Bide 253 Electoral College votes, trump 214 biden needs 1 out of those gray states that you see there, which still have not reported their results yet. Were expecting new numbers from nevada any minute now. Were going to watch for that. Look at the state of play in arizona as we move around the country. You see its biden in the lead 50. 5 to 48. 1, a difference of just over 68,000 votes ive talked to some trump people they are optimistic that the tail end of the count is going to be protrump because they are votes dropped off in person. You see the margin in nevada 49. 3, trump 48. 7 86 of the vote in there thats where were expecting some new numbers today the biden margin there is narrow but we dont know exactly what vote is coming in and from where in the state and which counties its coming in were going to have to watch for that one pennsylvania, theres been counting in fits and starts and who is allowed to be in which polling play counting house to see the actual results being coun
Weekend on cspan3. George w. Bush accepted the nomination for president in 2000 at the partys convention in philadelphia. [ cheers and applause ] [ cheers and applause ] [ cheers and applause ] thank you all. Thank you mr. Chairman, delegates, and my fellow citizens, i proudly accept your nomination [ cheers and applause ] thank you. Thank you for this honor. Thank you for this honor. Together we will renew americas purpose [ cheers and applause ] our Founders First defined that purpose here in philadelphia. Ben franklin was here. Thomas jefferson. Of course, george washington. Or, as his friends called him, george w. [ cheers and applause ] i am proud to have dick cheney by my side [ cheers and applause ] he is a man he is a man of integrity and sound judgment who has proven that Public Service can be noble service. America will be proud to have a leader of such character to succeed al gore as Vice President of the united states. Im grateful for senator john mccain i appreciate his sp