Still needs 17 Electoral College votes but were getting new information. Whats changed from yesterday the president is behind in pennsylvania there you see joe biden with an 8,000 plus vote lead in pennsylvania the president behind in the state of georgia, 1584 vote margin thats a really squeaker in state of georgia the president needs both of those to advance here. Pennsylvania is the big kahuna joe biden gets that this race is over take a look. The state of arizona where in last hour we got a new wave of vote from Maricopa County. Thats in arizona near phoenix that pushed bidens lead down. It was just under 44,000 or right around 44,000. Joe biden at 50 even donald trump 48. 6. The difference 4377. 9. So the biden lead holding in arizona. Nevada similarly, weve been getting new vote throughout the day. Yesterday and through to today there you see joe biden ahead 49. 8, donald trump 48. 1. The difference there just over 20,000 votes, guys so a very close race all of this is being watc
Little point in continuing to talk. Global news, 24 hours a day, on air and on quicktake by bloomberg, powered by more than 2700 journalists and analysts in more than 120 countries. Im karina mitchell. This is bloomberg. Rishaad carrie lam with a lengthy policy address on wednesday. She laid out her vision for greater integration with the mainland. Benefiting from its proximity to the mainland and longstanding support, hong kongs Economic Development will be given new impetus. The key is to somehow open up the border with china, because we are part of china, and the homecoming hong kong economy was not just set for domestic consumption. It was really set for 1. 4 billion people across the border. In any case, most of the key Investment Decisions will be driven by how china is operating and the Big Companies in hong kong are all chinese oriented. So i dont really think a policy address will be of that much difference to investors as it might be elsewhere. Stephen engle has been covering
Good afternoon. Welcome once again to power lunch. Im john for tte, energy up 13 this week and financials also down about 2 . Its the regional banks seeing the most pain, first republic, pnc, truest financial leading that sector lower. And Airline Stocks all lower as we get a clearer picture of what Holiday Travel will look like in this persistent pandemic first, lets get to bob pisani for more on the Market Action today. Bob. Hello, john what happened to our value rally . Banks and things like that moving to the up side, Energy Stocks it got smacked by Covid Concerns and by the lack of stimulus. Thats a problem what do we do . Hey, lets go back and buy workfromhome stocks again. The docusigns, zoom videos, activision, some of the other tech names are barely clinging on to gains. Service, which is a big what we call a high beta mover on the day is on the up side. So are some of the Semiconductor Stocks but the rest of the Technical Area is pretty much split to the down side. Another gr
To challenge records. Eu finance are set to meet today. Italy lays out fresh restrictions. Chancellor merkel urges germans to follow the rules. Bmp bounces back, the french Bank Benefits from volatility. A bullish tone on the numbers. If you look at the bottom year ago, andus a nine months, it is ahead of the target we gave for the outlook for the full year of 2020. We are under one hour until the start of cash equity trading. Good morning. Lets look at futures. Some real strength coming through futures markets sees the european picture up 0. 8 . If we look at the u. S. , we get a similarly positive picture. He saw strength yesterday. We have not erased losses from last week. The coronavirus is still very much with us. Yesterday the u. S. Equity markets recovered to some extent, and in europe, the cac 0. 2 . X up by today we see more of that positive trend. We can see positivity coming through in the asian session. Japan is closed, but we have the asian equity session fairly positive.
Thank you had Industrial Production numbers as well and investment rose faster than expected. Oil demand is suffering a fresh blow from a resurgent of the pandemic keeping frustration on opec members as they prepared to meet this week. It is 8 00 a. M. Across the emirates. Got quite a rally. Futures. E, u. S. Equity not a lot of Economic Data expected in the coming days. A lot of the focus is going to be on the raging impact of the coronavirus not just in the United States but beyond. Percent higher. Morgan stanley joining Goldman Sachs in pinning a positive outlook for equities. Their base case for it to reach 3900 by the end of 2021. 10yearyearolds yields at a dip it gave it a few goes. Fews going to go be a pesky trading sessions. Bowe bergdahl are down. 25 percent. This new trade deal adds to negative dollar sentiment. 1 as we countby down to the meeting. Gathering sion it is not a policy what is underway in the markets over there. We are seeing an 11 session of gains with the Msci