Im Claire Richards and welcome to the show democratic candidate joe biden has won the u. S. President ial election after sealing victory in the battleground state of pennsylvania with 99 percent of the vote counted in pennsylvania biden it garnered a 49. 7 percent and trump received 49. 2 percent while the 20 electoral votes biden won in this state allows him to surpass the 270 that magic number needed to win the election according to projections by the Associated Press was also picked up 6 and nevada giving him a total of 290 electoral votes to republican president Donald Trumps 214. And democratic supporters across the country have been reacting to the news of president elect biden success from philadelphia to black lives matters plaza in washington to new yorks times square people showed signs of relief and excitement here some of those reactions to me me everything my mother is a disabled woman who knows the caribbean medicaid and medicare and to know. How to and you can no longer
Themselves on the wrong end of a judges decision in california it is friday, october 23, 2020 and you are watching Worldwide Exchange on cnbc good morning, everyone. Im seema mody in for Brian Sullivan we kick off your friday morning with a look at stock futures, the dow up currently about 75 points the major averages august coming off their second positive day in three. But looking to end the week in the red. Here is how were set up the dow and s p are on track to snap a three week winning streak, the nasdaq on pace to break a four week winning streak for its first worse week since september. Part of that is apparent rotation out of Technology Take a look at the ishares and momentum etf, it is down more than 2 this week. And on pace to snap a five week win streak the etf tracks tesla, apple, amazon, invidia and microsoft. But not to be out done, First Trust Dow jones Internet Fund is now down about half a percent for the week eyeing its first down beak week in five financials and regi
On the day could be the reemerging trade war between the u. S. And china, china saying it will slaps sanctions on defense contractors. On this we have greens and other commodities lower, along with stocks. The chip index is a poster boy for the u. S. China trade war that is underperforming, down 2. 5 . That is another nuance developing, as if we needed more. Guy talk to us about david talk to us about the bonds. Last week we were talking about the reflation trade. We saw the 10 year goa above 85 basis points. Now i see it below 80. What happened to that trade . Abigail that is the bid for bonds. That tells you some traders are nervous. They are hedging around not just today but last week. That is why we had bond selloff last week. The yield curve steepen spirit we had stocks down. The nasdaq 100 down for the first time in five weeks. Todays trading action is a continuation of what we did have last week, and it is interesting. Another piece you and i were talking about last friday was t
Good morning. Im jonathan capehart, opinion writer for the Washington Post and welcome to first look, Washington Post onestop shop for news and analysis on the most pressing political issues of the day. This morning we are reviewing an actionpacked week, Amy Coney Barretts nomination, the coronavirus, stimulus talks and, of course, last nights dueling banjos of town halls, one for president donald trump, the other performer Vice President joe biden, the democratic president ial nominee. To get it started to talk about all of this is the Washington Post White House Reporter ashley parker. Thanks so much for being here. Thanks for having me, jonathan. So on the town hall, these dueling debates, did the Trump Campaign achieve its t aim, scheduling the trump townhall at the same time as biden . Well, its the aim in some way was to compete with biden for airtime and overshadow biden. I think yes. Anecdotally, or people seems to be watching thetr trump townhall in real time than the joe bide
Strong gains and this morning you will see that there are green arrows once again, the dow indicated up by about 88, s p by about 9 1 2 and the nasdaq indicated up by 48 points if you watched what happened in the treasury markets, we did get a lot of fed speak and it sounds like there is a little bit of confusion. You can see the ten year note has ticked up a little bit, 0. 769 is the latest yield andrew and lets take a quick look at the dow transports, gaining another 2. 5 yesterday, also hitting a record high, the two as to beings to watch this morning, eli lilly and he regeneron both big winners on Covid Treatment hopes. And President Trump touting both of those in a video that he released over twitter late yesterday. Well tuck a lalk more about th. But also take a look at shares of tesla, new Street Research upgrading that Company Stock to a buy saying that to sees a decade of hyper growth ahead, this call makes the firm the second highest priced target on the street so in lead wit