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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 ....
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 ....
World. All that and more on tonights pbs newshour. Major funding for the pbs newshour has been provided by judy there are two major stories tonight, the postelection transition as President Trump refuses to concede or even allow for the traditional preparations that would normally have begun and the surging burden of covid cases in most areas of the country. The u. S. Hit a new daily record of covid19 infections with more than 144,000 reported yesterday. Hospitalizations top 65,000 for the first time, 22 states are reporting more hospitalizations than at any time says the pandemic began. Deaths are up by 22 from a week you. Ago. Lets look at how this is hitting a number of states especially hard no matter which region. In el paso, texas, makeshift clinics outside hospitals are opening up. Mobile morgues are moving in and a lockdown of nonessential businesses has been extended, testing lines are growing in wisconsin. Cases there h ....