Gridlocks and stocks, caterpillar and alphabet are all gaining. Another big winner on election day is weed. Michigan voting to approving medical use. Wall street is gearing up for a post election rally in the open and a widely expected scenario results show democrats do regain control of the House Republicans strengthen the Senate Majority by flipping seats in red states. The president will hold a press conference at 11 30 a. M. Eastern time well bring you full coverage of that as we keep our eyes on a twoday fed meeting jim that begins today i think the president is going to declare himself and his party. Trump is the winner. Thats a bit of a narrative that we would like to have. I do think we can get on with the other worries. I was on a lot of Conference Calls last night and this morning. The stocks are moving. Finally people are focusing on companies. I think it is almost because people are say okay lets see how did truliu do as suppooppos dont care for it after the election these
Live from new york where business never sleeps, this is squawk box. Good morning. Welcome to squawk box on cnbc. We are live from the Nasdaq Market site in times square. Im becky quick along with joe kernen and Andrew Ross Sorkin. Our guest host is Peter Boockvar from bleakly Advisory Group. Lots to talk about today todays top story a divided Congress Democrats picking up seats in the house of representatives to take control, but republicans adding to the majority in the senate eamon javers will bring us the big headlines in a moment. U. S. Equity futures are up sharply. Dow futures up by 250 points while it was expected that you would see a split in congress with the house going to the democrats and the republicans taking the senate, the majority really was probably a surprise by just how strong the number of republicans were in the senate we saw some of those Key Senate Races called, you saw the futures up by 100 points im surprised at the consensus. We said maybe president ial elect
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