Welcome to our special 2020 election coverage. It is so nice to stay up altogether. I think the world is really riveted by what is happening with the vote counting in u. S. I am francine lacqua. Tom keene in new york. Interesting to look at market movement. The world is watching this razor thin election, just trying to understand why it is taking so long in certain counties, and of course trump to find out what happens in the senate race and what happens with the president. Tom its going to be extraordinary this friday and the uncertainty of where we are friday afternoon, where we are into the weekend. One thing that is very evident as we edged towards recounts, which will move us nicely from november and even into december. One telling statistic, the sum right now of the five states, forget about alaska, the five state disparity between these 3,919 votes out5 of 150 million that have been made. Francine we are talking about razor thin changes. The latest electoral vote count 64, the m
Will wake you up, call it ludicrous speed. Stay here, airbnb making its pitch to go public even as the travel sector continues to suffer amid the pandemic and buffetts big buys, the sto stocks he says are ready to rally. It is tuesday, november 17th, and this is Worldwide Exchange. Good morning, good afternoon or good evening from wherever in the world you might be watching. Im Brian Sullivan thanks for joining us. Here is your markets and money on a tesla tuesday as well call it futures are mixed to flat. Dow lower, nasdaq futures are higher neither are moving very much but another big monday for your money, more new records and a new vaccine candidate of course. The dow coming off its first record close since prepandemic levels in early february the index now just 50 points away from 30,000 something certainly a number to watch. Small caps continue though to be the star the s p small cap 600 up another 3 yesterday if you are not paying attention to small caps, you should. Lets also t
Themselves as a platform investors seem to be buying it with that stock up 13 this week it just keeps going up nearly 4 today and it laid out the case for longer term growth and ironically, it will come from the good old phone, right a lot of that conference was focused on the zoom phonewhich basically enables you to take it wherever you go. And there is s ais an axios rept saying that uber may be looking to celebrate its elevate unit, the moon shot flying taxi unit it reflects obsession with profit ability, but i might argue that it reflects his obsession to please sharehold s shareholders backing away from some of the longer term ambitions such as freight, elevate now and as well as selfdriving cars, it does raise a few questions. Yes, it may give the share price a bump in the short term, about where does it position uber lon term yeah, when these companies dont have a clear business Start Talking about that were a Media Company or a Helicopter Company or were a freight company, real
These are your top headlines from the bloomberg terminal. , nancyg the deadline pelosi sets a tuesday time limit for more progress on u. S. Fiscal stimulus if the president wants a deal before the election. Backing down, a bloomberg exclusive says the u. K. Good rewrite its lawbreaking brexit bill, a move that may revive talks with the eu. Sterling gains on that. Plus, restrictions tighten as virus cases surge around europe. Italy is the latest government to add lockdown measures, prioritizing its struggling economic situation. Under one hour away from the start of cash equity trade in europe. Lets take a look at the futures this morning. If you pull up the European Equity Index Futures you will see a pretty mixed trade. You have ftse futures trading a little lower, now bouncing off up about a quarter of 1 . Ftse futures are a little changed right now. Take a look at the u. S. Futures picture. You have more green arrows there. Dow jones and s p many contracts up 7 10 of 1 . Nasdaq 100
Companies we are falling following. The way stocks are positioned today, a lot of the focus is the positive news about the vaccine on the positive news by the vaccine and chart and trials resuming. Bonds in spain, portugal and france rising. Yields on german debt steady. Lets get to the first word news in london. The ball is in china posco or to seal a deal. Pot court chinas court to seal a deal. The block is stepping up its demand the china open up its economy even more. Astrazeneca is vaccine trialsnecas vaccine remain on hold in the u. S. As regulators examine a side effect suffered by patient. The interruption raises concerns about one of the fastest moving experimental shots being developed is seen as one of the likeliest to reach the market. President trump will preside over the signing of historic lomatic deals between speaking exclusively with qatars foreign minister ruled out their country following suit. Global news 24 hours a day on air and at bloomberg quicktake, powered by