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Vice President Biden is just six electoral votes away from the white house. Bloomberg chief washington correspondent Kevin Cirilli joins us for more. What is the vote count . What do we get over the next couple of hours . Kevin joe biden is just six electoral votes away from reaching the magic number of 270 electoral votes, which would put him at the threshold for the presidency. Within the next 30 minutes, georgias secretary of state is going to give a News Conference, and which they are going to provide an update on what is going on in the battleground state of georgia. 15 electoral votes, that would put him over it he is able to beat trump in georgia. In the noon hour, we are going to get an update from clark county, nevada, where the over and willing the overwhelming majority of electoral votes are cast in that stat ....
Despite fears that continue to permit. The bait in the bond market continues. Down five basis points from the 10 year. Out, 47. Ly wiping you will have a lot of paper from banks that lend to producers. We will bring you the latest market moving news from all over the world, from hong kong to washington to new york, our bloomberg voices are on the ground with this morning stop stories. We begin with asia. The death toll is climbing, cases worldwide are above 82,000. Saudi arabia halting religious visits, well japan asks for all schools to shut from march 2. Stephen engle joins us from asia. Stephen it is significant because it is the first time we have had more new confirmed cases outside of china that inside of china. It could be because china has a great, on this or, more sinister, that the virus is spreading faster than the who and others are expecting elsewhere in places like south korea, japan, in the middle east. As you mentioned, saudi arabia does not have confirmed cases, but th ....
Risk to growth, goldman warning this morning that a further spreading of the virus or widespreading of it could completely wipe out corporate growth this year. On the sidelines why Toll Brothers ceo tells jim the next few weeks are critical for the Housing Market so the number to watch is going to be 361 today. If the dow falls by that amountiamount the blue chips will hit correction territory last night at the president s News Conference about containing the virus, eamon javers asked if Financial Markets are overreacting heres how the president responded. I think the Financial Markets are very upset when they look at the democrat candidates standing on that stage making fools out of themselves and they s ....
Will ask what hes going to do about that. Thatwe look forward to conversation, in europe stocks are up by 3 10 of 1 , volume is good, trade related stocks are doing well. Car stocks are trading higher, the pound is trading lower, mark carney pointing into the direction of a rate cut. Two members voting for a rate cut and the pound reacting to that. We will talk about it later on in the hour. And a massive move in the bond market, six basis points to seven basis points just a moment ago. Bonds are selling in europe, its all to do with trade. Thats the driving narrative again. Get to thats conversation, the developments oureen the u. S. And china, guest joins us from san francisco. Is anything giving you optimism about where we stand regarding the u. S. China trade war . Its a process. The reason its a process because its in President Trumps interest afford to be a process, we have had headwinds earlier this year. Of ratchetingsed ....
Over. 1 treasury yields, this morning were taking a look and youll see that its trading at 1. 5 . 1. 543 to be precise the two year a little higher than that in terms of the yield. 1. 518 this is no way to run a business, obviously. Im talking about torte reform and things like that when one judge can say yeah, 17 billion he didnt. No, he didnt but he could have thats what we deal with in todays with trial lawyers. Now to get to a developing story this morning, i got my editorializing out even before. Started at least. Thats what the story was Major Court Ruling this is just one state too this is oklahoma we know about the Opioid Crisis. It was against Johnson Johnson. The judges ordered them to pay 572 million for country bouting to the opioid economic in oklahoma under the public nuisance law theres 50 states by th ....