Wie the people will not surrender. But president Trumps Campaign demands a recount in wisconsin and files a lawsuit in georgia as he urges the Supreme Court to intervene in the electoral process. And bank of england policymakers lower their forecasts as they go back into lockdown well be speaking to the governor Andrew Bailey here on cnbc right now the u. S. Election remains too close to call with democratic candidate inching closer to victory. This is where things stand right now. Biden leads with 253 Electoral College votes and trump has 214. The tally leaves the former Vice President just short of the 270 votes needed to win. Counting is under way still right now in atlanta through the middle of the night and is set to continue throughout the morning. But lets take a closer look at some of the key battleground states and more detail in arizona, it remains too early to declare results but biden is ahead. And nevada is also too close to call but a win in both would bring him across th
Most countries who believe its a great promise, a great opportunity and some of the u. S. Media, some of the u. S. People who are wagging Information Warfare on russian vaccine we were not expecting anything else we are not trying to convince the u. S. White House Republicans and democrats blame each other for the impasse over a multitrillion dollar rescue plan as early futures point higher. President ial candidate joe biden chooses Kamala Harris. President trump is quickly on the offensive. One of the reasons it surprised me, she was very she was probably nastier than even pocahontas to joe biden she was very disrespectful to joe biden. Good morning let me take you through some of the Market Action were witnessing on the boards today it has been a bit stopped on the board. Investors here just picked up on some of the caution that we were witnessing on wall street as that market wrapped up sharp effectively a lot of the design is the impasse on washington negotiations republicans and d
Announcer this is cnbc breaking news. Im Courtney Reagan in this morning. We begin with breaking news. A Global Market sell off under way. Dow futures pointing to a drop of 1300 points at the open but futures have hit their daily limit down across the board. That means stocks could open much lower than whats indicated right now here on the screen you can see the s p 500 is indicated lower by 151 points and the dow by 1300. Bond spark is hitting again. The ten year yield is sitting above half a percent this new record lows were hitting here nearly across the board this morning hovering maybe just above the record lows but look at the 30year bond, under 1 thats happening for the First Time Ever. At 0. 925 . Now all of this is happening as theprice of crude oil has crashed. And that is not an ap exaggeration oil is hitting its lowest levels since 2014 as saudi arabia announces a massive production ramp up and price cut. Crude is now on pace for its worst day since the start of the first g
Declines across the middle east and asia, impacting early trade in europe. A slowing in chinas Services Expansion weighs on sentiment but trade tensions lift as beijing prepares to send a delegation to washington to sign the phase one deal with President Trump. And japan vows to tighten its immigration rules after the countrys first prosecutors break their silence on Carlos Ghosns escape, calling it illegal and unjustifiable. Welcome to street signs, everybody. Our top story today, there have been International Calls for calm after iran announced it would abandon its commitment to the nuclear deal following the killing of general Qasem Soleimani. They have urged washington to, quote, not using force while calling for restraint from both sides. Germany worries the roll back on Irans Nuclear commitments could be the end of the 2015 commitment javad zarif said the pullback is capable. We are seeing reactions in the market today a sentiment has certainly taken a hit on the back of this esc
Transformation which will catch every part of our society and our economy. And we will do it because it is the right thing to do. Investors want their say. Carl icahn turns hostile in its bid for hp and dell shares dropping in after hours trade as they slash its full year revenue cost and blames a chip shortage from intel. I feel like a bit of a broken record saying this every day, but we have new wall street record highs yesterday for all the three majors yet again inching higher yesterday more optimism on the trade talks as well with the u. S. President saying that they are in the final throes of reaching a potential deal and that has given a boost to asian markets as well. The stoxx 600 reached a four year high. So very good dumomentum and you can see that there is a green board right behind me. All the majors are trading positive ftse 100 the outperformer up about 30 points. Good performance in the Mining Sector so that is the uk. Xetra dax up about a ten it th t as well. Pointing