People walk past the New York Stock Exchange (NYSE) in Lower Manhattan on October 2, 2020 in New York City.
Spencer Platt | Getty Images
Dow futures rebounded over 350 points Monday morning, the first trading day in November and the day before the election. The Average of 30 stocks had his worst week and worst month since March, when Wall Street coronavirus hit lows at the end of the month. The futures were lower shortly after opening on Sunday evening and relatively flat overnight. They started jumping around 3:30 in the morning.
The purchase of futures after fainting in October came about on Friday despite a record 99,321 new Covid-19 infections. There were over 81,000 new cases every day on Saturday and Sunday. Aside from the elections and the coronavirus, investors face other important events this week, including the Federal ReservePolitical meeting and government employment report for October on Friday.
A person walks past a COVID-19 testing center in the Borough Park neighborhood of Brooklyn, one of New York City’s five boroughs, on October 9, 2020.
Angela Weiss | AFP | Getty Images
Fuel up the record for new coronavirus cases on Friday. Infections grew 5% or more in 43 states, according to a CNBC analysis of data compiled by Johns Hopkins University.
In New York, the epicenter at the start of the outbreak, was the Democratic government. Andrew Cuomo said the residents has to be tested for Covid-19 before departure and again within three days of re-entry into the state. This new protocol replaces the previous New York quarantine rules.
In Europe, where the case peaked a few weeks before the US, British Prime Minister Boris Johnson announced on Saturday a second national lockdown in England. Unnecessary shops will close on Thursday, but schools will stay open for the next four weeks.
Democratic presidential candidate Joe Biden speaks during a car campaign at Franklin Delano Roosevelt (FDR) Park on November 1, 2020 in Philadelphia, Pennsylvania.
Drew Angerer | Getty Images
In the latest NBC News / Wall Street Journal poll, Published Sunday, Democrat Joe Biden had a national lead of 10 points over the president Donald Trump. A majority of voters polled agreed with Trump’s handling of the economy. But a majority also disapproved of his response to the pandemic.
Biden spends election night mainly in Pennsylvania, a battlefield state he leads with 4.3 points. according to the RealClearPolitics average. Pop superstar Lady Gaga accompanies Biden to a drive-in rally in Pittsburgh on Monday evening.
Trump continues his rally blitz in swing states, including events in Pennsylvania, North Carolina and two in Michigan. The president is also holding a rally on Monday in Kenosha, Wisconsin, a city where protests took place after Jacob Blake, a 29-year-old black man, was shot in the back by a white police officer in front of his sons on August 23.
President Donald Trump arrives to speak during his campaign rally at Miami-Opa Locka Executive Airport on November 1, 2020 in Opa Locka, Florida.
Joe Raedle | Getty Images News | Getty Images
Suggested Trump early Monday that he was Dr. Anthony Fauci could fire after the country’s foremost infectious disease expert continued to criticize the president’s handling of the coronavirus. Trump defended his response to the pandemic at a nightly rally near Miami that stretched into Monday. The crowd started “Fire Fauci!” The President said, “Don’t tell anyone, but let me wait until just after the election. I appreciate the advice.” In an interview published in the Washington Post on Saturday, Fauci said the US could “possibly not be worse positioned” on the fall and winter virus if people will be forced to stay inside.
A USPS postman works outside the Cambridge City Hall Annex on the corner of Broadway and Inman Streets in Cambridge, MA on August 25, 2020.
Lane Turner | Boston Globe | Getty Images
A federal judge on Monday holds a hearing In the Texas drive-through vote, a day after the state Supreme Court rejected a Republican-led petition, nearly 127,000 ballots dropped in drive-through locations in the Houston area. Conservative activists have filed a number of state and federal lawsuits over measures to expand choice during the pandemic.
The US Postal Service must remind executives to follow its “Extraordinary Measures” policy and use its Express Mail network to expedite voting ahead of Tuesday’s presidential election. by order of a federal judge Sunday. The urge to deliver ballots by election night has grown in importance as Trump has repeatedly said without evidence that postal voting would lead to widespread fraud.
– The Associated Press and Reuters contributed to this story.