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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 i ....
Conversation that is going on right now. But were definitely monitoring that and well try and plug into that process when the opportunity presents itself. President tsen okay. Thank you. Okay. So the next item, please. Its adjourned. President tsen all right. Thank you. Director richardson before we adjourn. Yes. Director richardson i have two statements to make. Just to acknowledge mr. Jim smith for helping us out through the technical glitches today. And i would love to with your permission to adjourn this meeting in the memory of the late congressman john lewis and it was put eloquently, some thoughtful recognition of this great man. And we are all in gratitude to mr. John lewis for his life long fight in systemic racism and injustice. So he was a leader by all measures. And may his soul rest in peace. And thank you. President tsen thank you very much. With that, well adjourn. Thank you, all, for a great meeting. Thank you. [roll call] we have a quorum. You may begin the meeting. Th ....
Let that sink in for a moment. 16 just this week were not even done. President trump announcing a travel ban on all nonu. S. Citizens coming in from europe were awaiting details on a stimulus plan or domestic response to ensure containment mitigation and increased testing capabilities right here in the u. S. Were talking to three ceos today. Group one auto, redfin and verizon ceo about how these companies are dealing with the fall out and what the impact of this virus will be on the overall economy. Lets get right to our reporters covering the story for us rick ismonitoring the action i the bond action. We begin with steve on the phone with the latest on this move by the fed. Its been about an hour for markets to digest it people are still trying to figure it all out here it looks like the Federal Reserve is going to do a series of masds ifr operations to put it this way, it will be a trillion dollars a week in the following ways ....
Weekly gain. Virus figures, coronavirus cases surging again, wall street still headed for strong gains for the week, s p and dow up more than 1 the past five sessions. The company beat on earnings, suspended its 2020 forecast on coronavirus uncertainty, and as well were going to be talking with the ceo of roku later this morning which also reported numbers. And jedi blocked, a federal judge haunting microsofts pentagon cloud contract after an amazon suit. For the second straight day the number of confirmed cases of coronavirus shot higher. Chinese authorities reported 5,000 new cases and 120 more deaths the death toll stands at nearly 1,400 and total cases into the range of 64,000. As increasingly guys, the conversations turning to diagnostics as opposed to the spread itself. Right there have been a number of articles that are very subjective about whats happened some of them say that, look, it could be a 24day incubation, so what they thought they were letting people go and some of it ....
Hour of trade, barry knapp back. Certainly the tone feels better. Do you think its fundamental with the trade tensions or some month end rebalancing stuff . I suspect theres a bit of month end rebalancing going on i think its too early to tell whether the Macro Economic fallout from the latest negative Business Confidence shock has what degree of effect its had next weeks ism on tuesday, payrolls on friday, will be much more important bempl marks to see whether were over the hump sort to speak on this i tend to be cautious and not chase the move today. On the big stories that we are watching today, kayla has the story. Josh lipton is tracking tariff concerns for apple kayla . The hope began when chinese officials said there was some Effective Communication of the two countries and it continued this morning ....