Im on Francine Lacqua. Weve had quite interesting and big political news in the u. S. That started late last night, overnight and first we know that transition is more on its way than was 24 hours ago. Global stocks advancing on the back of that. If you look at what stock markets are taking a positive, the general source of administration acknowledged joe biden was the apparent winner of the election and the move reduced Political Uncertainty in the u. S. , giving biden access to Current Agency officials, briefing books, 6 million in funding and the market. Energy stocks leading the stoxx 600. Travel companies. Banks also notching gains. Haven assets weaker. We are getting some eco figures. Looking forward to speaking to the president of the Ifo Institute shortly. The estimater than of 87. 5. Ifo coming up in 15 minutes. Here is leighann gerrans. Englands National Lockdown ends next week but Prime Minister Boris Johnson says it will be replaced by a tougher threetier system of regional
The russell 2000, another alltime high, up 2. 1 . The s p 500 up a solid 1. 5 . Important is the cyclical reopening rotation we had happening in recent weeks, often it comes at the cost of tech but that is not happen today. The nasdaq 100 is up 1 . This is a bully lock cyclical rotation on the expectation of normalizing economy this is a goldilocks cyclical rotation on the expectation of normalizing economy. I know we have been talking about whether or not it will last. If we take a look at the sectors on the month, it does suggest the cyclical rotation is on the way. Take a look at energy, up 30 . Heading toward its best monthly performance ever. That is the foam oh buying we have around that is the fomo buying we have around energy, but also financials. We have stocks off to the races. Taylor is interesting as we talk about the reflation trade in the outlook for politics. We are looking at bond yields up three basis points on the 10 year, five basis points on the 30 year that goes in
Vaccine to get to your doctors office. And we celebrate the life of jeopardy host alex trebek. How he became part of the lives of tens of millions of americans. He will be so missed. First, heres todays eye opener. Its your world in 90 seconds. For all those of you who voted for President Trump, i understand the disappointment tonight. But now, lets give each other a chance. President trump still refusing to concede. Making claims of voter fraud with no evidence. Do not concede, mr. President. Fight hard. Your partys leaders are acting like babies. The most important thing is that we respect our democratic process. So happy. I want to cry. Across the nation, biden supporters celebrate and Trump Supporters protest. Going to turn into a civil war is what its going to turn into. Rightfully so. T. My biggest fear is were dealing with a surge at the same time that were trying to vaccina vaccinate. Alex trebek, the host of jeopardy died following a battle with pancretic cancer. We love you.
We have increased tremendously. We have done over 225,000 tests. Probably by the end of the day we will be 200 35,000 completed tests with results. One of the things we wanted to do early on was provide easy access for testing for folks. The first place we worked in conjunction with the Florida National guard and local officials was in Broward County when we did the first drivethrough testing site. One of the most successful sites in theyone has done country. We will have leaders from the National Guard, and watch to see the best practices. Uniformly they say this is one of the best. It has been incredibly successful. All of the drivein sites throughout florida have done 56,000 plus tests just in those drivethrough sites. People are being tested in the hospitals. They go to their doctor, the doctor will send it to a lab. That is happening all over the place. This has been a force multiplier for us. At the same time, not everyone will have access to be able to go to a drivein site. Mayb
They usually report later. But we are very close to them, inally around number three the country per capita. We have done over 225,000 tests. Probably by the end of the day, we will be about 235,000 completed tests with results. One of the things we wanted to do early on was provide easy access for testing for folks. The first place we worked in conjunction with the Florida National guard and local officials was in Broward County when we did the first drivethrough testing site, one of the most successful sites that anyone has done in the country. We will have leaders from the National Guard, and watch to see the best practices. Uniformly they say this is one of the best. It has been incredibly successful. All of the drivein sites throughout florida have done 56,000 plus tests just in those drivethrough sites. People are being tested in the hospitals. They go to their doctor, the doctor will send it to a lab. That is happening all over the place. This has been a force multiplier for us.