president trump won hmp by 1.3%. it's been a focus for republicans and pan dem mix. if it holds up, it runs right through pa and maine where they parng of that. it's 8:00 on the east coast, 5:00 on the west coast i'm shepard smith and i just closed cnn on the money, the closed in sirch dill will he wears to make first saw the democrat kick has a vote district of columbia, solid blue goes to joe biden and its three

electoral votes. nbc news captured that as a relt of snowplowing. >> commas chews sets and it's 11 thirtiy downed we should have pumtd down garn den smith that he is a key 35r9 to that historically president, kentucky here solid red. solid rir rest of the 8 going to going. here are the mistake we're judd

does being back is tootoo early. that same day you can zb in, go through a bare it was so complies down for the neighborhood floor drida closes things down. you can see the map and the entire peninsula closes an 40ur and two minutes ago. those counties and districts have just closed at 8:00 eastern time there in the central time zone

everyone in florida not for local time she stopped early voting on sunday all of a monday get them to count them now we'll count county by county something from the state of florida. steve core make it can i believe we can come here >> there's always owe port time. right now you see a very high lane so much it skewed so heavily the early voting is counted first. owe my owe is going to be too close. same in the state of georgia

it's an hour naf you can likely seen it and the counties that have gone red and the counties with the turn of blue who will get the ee both candidates are there president trump has an enormous lead look at the early member voting there's enough in early coat three. we think we'll have a vast impact then there's new early to call there. headquartered ahead. 11:123 doesn't after this after

call >> what matters tonight is to who gets to 270 electoral 246rg always to be there, living in javers. diana olick in delaware. contessa brewer, down in florida with you >> reporter: there is so much enthusiasm here as the ballots are being counted here, sap. he wants go and there will be minimum. they have been closed and the

refs of the sfaut for a little more than an hour. >> hillary clinton may have lost the state because of lack of turnout by people who were traditionally reliable testimony bomb barred des. trying to spark more enthuse see a.m. come in within a percentage point. it's about 20 miles per hour i got back into 83 record, but generally a thousand ast stster full book. >> one the president sh without

julia. 26% don't with with any of these. they say how this effects them and their voting the other big battleground state are still open which closed 7 short minutes ago. he's live in doylestown, pennsylvania, which is bucks county really. are you there? >> yes we're at those they're being counted right now. they're going to be counted and 167 counties we're being told until all of those are being counted. that process will continue as more mail-in ballots come in up

until friday another big story, in person voting turnout, i can cover 10-11 ch and joe biden has an early lead mail-in ballots a big story line receiving 3.1 million requests sending out 3.1 million. about 2.4 million already coming back in. that will be a major story line. this is the video again. how hard are both of the candidates campaigning here in pennsylvania joe biden actually making eight stops in pennsylvania today. he started off in his hometown of scranton visiting his childhood home he is working with request union workers and philadelphia and another campaign spring.

both are hoping to get pennsylvania the mail-in ballot will be counted up until friday. nbc news publishing a report with a person with information saying the trump campaign is swinging some reports from ohio to ploof the campaign may have been overly reliant on people in that burlington >> two big story lines here. one, the mail-in ballots we'll continue to watch this as you mentioned, shep. the polls closed. frank holland, bucks county. covering the trump campaign is white house correspondent

eamon javers what sticks out for you. >> i've been trying to goend it out. they're very encouraged at the white house what they're seeing in the early going there mean whim, trump remains at at the white house to go to a party at the trump hotel the campaign says he'll host a party in the east room and then the president will monitor returns from the area. they're coming up short. if vice president biden lax a ground game, tonight they're more confident as they were in 2016 you just heard from frank tell

nbc news that they have some concern about their get out the vote in pennsylvania they've moved resources in ohio with one aid saying you can't fix it the keystone state the polls are closed there >> looking for the trump campaign i would really love to have the state of florida if you win florida, it isn't over but, man, that path looks so much clearer. >> yeah, it really does clear things up for them that's why they're concerned about the miami-dade results they're seeing shep, the way the night will unfold, if it's an early night, it's a joe biden night if it's a late night, that means donald trump is in this thing because he's going to need some of those late coming states in order to lock it down. the longer this goes, the better the trump campaign is going to feel. >> eamon javers, thank you so much diana olick is covering the

biden campaign she's in wilmington, delaware. how are you? >> good, shep. after an incredibly long day, 11 stops mostly in pennsylvania, former vice president biden is now at his home in wilmington just a few miles away from here watching election results with his family he won his home state of wilmington kamala hair advice here with her family biden said towards the end, i never feel confident i feel hopeful he has had no regrets and that the message continues to be to restore decency and honor in our system or it's just going to fall apart here at the chase center in downtown wilmington he said that he was supposed to come here the plan was that they would invite 300 cars, cars filled

with his supporters. he would come out and say something at some point tonight. what he said recently though to reporters was if there's something to talk about tonight, i'll talk about it if not, i'll wait until the votes are counted the next day we have several hundred reporters here. >> the decision team has made a decision tonight the state of tennessee is no longer up for grabs. tennessee and it's electoral votes go to donald trump tennessee a solid red state. 11 electoral votes the president gets those and let's update the balance of the electoral college. vice president biden right now with 44 electoral college votes. as you can see, they're all centered there in the center of the country. president trump with all of the red states in the center we are just getting going.

carl and caitlyn, send it over to you what a night already getting going. >> shep, if florida is in any indication, tonight will bring twists and turns. >> florida looks like it's going to be close. imagine that. >> shep, we'll talk to you in a bit. welcome, everyone. welcome to your money your vote. i'm carl quintanilla with kayla tausche. america voting in the midst of a pandemic millions of americans without jobs businesses have no visibility. we're with you all night >> carl, these next few hours could be volatile in themselves. i want to bring in mick mulvaney and duvall patrick and co-chair of america bridge 2017 mick, you have a republican president and now some of the

strong holds are being looked at as tossups how did we look at getting here? >> i think you're wrong. if biden thought that, he would have been there. he never went. iowa, i think the last des moines register poll had the president up by 7 there. georgia's right. excellent point. i'm hearing anecdotal word that it will be a tightly fought race to the point that everybody else is making here tonight, florida is really where all of the action is early. if the president wins big, it bodes well if he loses florida, it will be difficult to claw his way back >> just a quick follow-up. harris went there a lot. in the rust belt, they carried president trump in 2016. they're looking even closer now.

michigan likely to land lock and pennsylvania is where everyone is looking how do you see those falling >> exactly as you've laid it out. the turnout is extraordinarily heavy in the places. they've found new voters there the republicans registered 200,000 new voters over the course of the last four years. >> mick, i need to interrupt you. we have breaking news with shep, what do we know? >> harder on the zoom, isn't it? important decision out of the state of kentucky. mitch mcconnell. the senate majority leader has retained his seat and earned a sixth term in the u.s. senate. remember, he faced a tough challenge from amy mcgrath, a former fighter pilot, 2018 house candidate.

she never got above 10 points back our decision desk said mitch mcconnell wins a sixth term in the united states senate for the balance of power let's get to ylan mui. >> shep, he's extending the term he is someone who made sure president trump's legislative he wanted to get through the bred cavanaugh situation. he has been a lynchpin inspite of the president' remaining thought. is mcconnell going to be the majority leader or the minority.

thanks so much >> we're waiting for decisions from nbc news. florida, georgia, north carolina are coming first back to kayla tausche. >> we want to get back to mick mulvaney and duvall. >> just think pennsylvania is going to be very, very close i'm hearing anecdotal evidence michigan should be an interesting race as well because the republicans are running a very strong senate cab dandidat there in john james. you're looking at the right states florida is coming out very large for president trump. that would bode well for pennsylvania and michigan. if he's added to his base

supporters, that would help him. florida is where all of my attention is now and i think rightly so. >> duvall, let's talk to you a little bit about pennsylvania. america bridge, the super pac that you co-chair is the biggest outside spender in pennsylvania. what was it about the keystone state that told you this is where the race is going to be fought >> kayla, we invested in 80 counties where the voters voted once or twice for barack obama and then in 2016 for donald trump. and the point was not to shame people for their 2016 to ee elan they did and over a year to offer testimonials, i think it was in their own words, or with

a camera person prund. how first aid became open to the appeal of joe biden and ultimately to vote in his direction. we saw in the early polling and in the polling leading up to tonight that that was making a difference >> mick, i'm wondering what you're seeing on exit data what's on people's minds, the economy or the pandemic? what's the balance and where do you think that will come down and who does it benefit? >> well, that's really what the race is about. if it turns out and he's pulled ahead of the president on that issue. if it's what the economy looks like as we come out of the covid, the president can do extremely well

zrump donald trump's chance to win florida is up 95%. if the polls are off by that much, you could see dramatic changes in the swing states. >> a lot of needles moving do you think florida is a decent analog to pennsylvania >> well, before that i have to express frustration. the problem with the economy is the pandemic has been mismanaged what joe biden has been saying is right, get control of the pandemic and we can have an orderly reopening of the economy and a safe one as well that is both a short-term and a long term. the president has shown us he doesn't have one >> well, we need both a short term and long turn to go

mick mulvaney and others are with us. we have a lot more to talk about. i know you're going to talk about stocks. >> we are. states of play finding that a majority of voters in six battleground states feel excellent or good about the state of the stock market. wall street gaming out winners and losers from energy, health care and in particular. >> yes, can i first say i miss you very much? >> yes, like wade. >> what i'm betting on declining, i hope who is what. if will really go down trump wants laura prices no one ever succeeds in getting their way when it comes to health care.

american people do more. i want to do centene they had a great run here, great run. very inexpensive thermal fischer, test, test, test why? they're going to make a vaccine. bristol-myers, why i like dividend, safety. do first and then no jenner ron. interesting choice saved the president's life but if the federal government were to start taking charge, i think they'd go with regeneron >> you think the balance of the names you're talking about depends more on who's in the white house? >> congress. i think the reason i did that, i don't know protects them people get scared. people think this has been going on since 1992.

they think they will get the price of health care down. they always fail if you take the initial knee jerk sale and sell buy apple, apple could be up if the futures go down. that's your opportunities? >> right relative to some other skrutd any, where would you place it other than tech? >> i think it's a lot of bluster. are you going to break up tech gave you the justice department, i'm so tired -- i'm sorry of people get hooked up that would feel gramd i've been a jerk since i came since february 10, 1955, but i would say all of these things will be uttered under pressure

from both. >> generally true, jim good stuff. >> thank you, buddy. we'll send it back to you. lots to come here on cnbc. minutes away from another poll closing at the bottom of the hour in arkansas then at the top of the hour, 10 p.m. eastern, 9:00 central including four big battle gound. calling west virginia for president trump. the 5 electoral votes for west virginia in a trump. vice president biden nbc news projects vice president biden takes the state of connecticut two very big states. too early to call. too early to call from nbc news. the road to 270 and cnbc's

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just approaching 8:30 on the east coast 5:30 on the west coast i'm shepard smith at cnbc global headquarters this is your money your vote on election night in america. polls are closing in just 46 seconds in the state of arkansas so we can't yet make a projection there but we will in 40 seconds we're watching a handful of battleground states that will help determine who is the next president of the united states florida, too close to call 29 electoral votes up for grab in the state of florida. republicans, well, this is

arkansas we cannot call arkansas for 22 more seconds we can't do that until all the polls are closed in the state of florida, still too close to call. republicans believe they have a very good chance in florida tonight. in the state of georgia, it's still too early to call. we're waiting for more information on the nine counties that surround georgia. in north carolina, too early to call this state largely a tale of rural areas that lead right and the research areas that lean left in the state of ohio, still too early to call. 18 electoral votes up for grabs. you can see vice president biden has the early lead with only 42% of the vote in and a lot of early voting, this number could be deceiving. then there's pennsylvania where so many of the votes won't be counted until the next period of days. you can see joe biden has an enormous lead, but this is

another of those deceiving numbers. only 4% of the vote in you can see the areas of the state, this state will become a clearer picture later but we won't know it for sure for days. back to arkansas now we mentioned the polls closed at 8:30 eastern, it's too early to call in arkansas now let's take a look at the big picture where things stand so far the nbc news decision desk projects -- it has made these projections. west virginia for president trump. connecticut for joe biden. tennessee for president trump. kentucky for president trump and the list goes on and on, but here is the road to 270. 51 for vice president biden and 42 for president trump in the battle for the u.s. senate, kentucky was getting

ready and amy mcgrath never got within 10 points mitch mcconnell leads by 15 points or so with 50 points or so mitch mcconnell is back to the senate the question is will he be the majority or minority leader. larry sabado is with us. figure out which way things are going. good to see you again, larry we heard mick mulvaney say there's 95% of florida going one way or the other nbc news cannot make that projection because if they believe their get out the vote went well is absolutely accurate. >> yes, there is most of the republicans activists and analysts are declined to claire it with

trump. shep, what influences me is i've seen some very good democratic analysts, some in public and some in private, say that they believe trump will in fact carry florida based on a very good turnout for him today, election day. >> and the turnout in georgia, really all up and down the east coast, expected to be key. turnout in the other states, north carolina and georgia, what are you seeing there >> north carolina and georgia are just as competitive as we thought they would be. north carolina turning in a little better performance for biden than georgia is. georgia, dead even north carolina -- right now biden would feel better than trump but it's way too early to declare either one this is going according to both plans. i'm sure there wouldn't. >> top of the hour, the state of

texas closes its 38 votes. there wasn't a time when anyone would believe that was a tossup. is it possible democrats could steal it away? >> sure, it's possible texas and florida in trump's column, i'm stingy and i need my money in my old age. it's possible. it's more contentious than 1986. >> demographics. >> it's mainly changing demographics the fact that democrats were as motivated as i've seen them with the possible exception of obama's election in 2008 motivation and energy matters enormously in politics ask the trump people about it in 2016. >> we'll see you again and again. now, kayla tausche, over to you. we'll see you in a few minutes

we want to bring in mick mulvaney and duvall patrick. duvall, i want to ask you about the senate we got the news about mitch mcconnell retaining his seat we're focused on the balance of power in the senate. a lot has been placed on what happened to bidens do you think a democratic associate will save it to another election >> that's got to be part of any campaign she's one of the smartest people in politics. it has to be, it needs to be part of the calculation on whether democrats control the senate i say that mainly because when

republicans have controlled the senate, they've shown no interest in working on a bipartisan basis the amount of work, the amount of neglect, if there is a biden presidency, he'd want to think real hard before locking that decision in. >> if there is a second term for president trump, mick, how do you expect the cabinet to be rescheduled. we've heard resignations from the fbi director, cia director and the secretary of defense what do you expect >> wouldn't be unusual the first name that i think of would be steve mnuchin more likely than not to stay in. most likely treasury, but he could probably serve in other roles as well. my guess is mike pompeo probably leaves. there's a lot of talk of him running for president in 2024.

elaine chow may stay you're going to get more turnover now that the president understands washington, i think you'll see a better cabinet in the second term than the first the president had some missteps in who he hired in the first place. he and mr. till loss son, he and general mattis, jeff sessions did not get along. i think he's learned who he likes to work with in his cabinet. unusual in this administration, the second team actually better than the first. >> in terms of the second form platform, mick, the campaign has declined to put a lot of meat on the boards i wonder whether it would be beneficial and it would be a liability to give the democrats more material to attack them over how do you think we'll be thinking about that strategy when we wake up tomorrow, when we wake up later this week

>> that's a classic discussion within republican circles. there's a general consensus that we lost in 2018 for a variety of reasons, talking about chrome of the house, because we didn't talk enough about health care. there's more that say the more we talk about it, and i'm not sure if it goes to the top of the list for a second trump term if things hold tonight and you have a democrat house, republican senate, republican in the white house, i think the thing that goes to the top of the agenda is the infrastructure bill that the president has talked about so long it may be the one thing he could rally to it ties in nicely, if you want to make the point about stimulus for the economy in the first half of next year. i think health care continues to be difficult for republicans to talk about but infrastructure may get more attention. >> infrastructure is something they boldt agree they want to

do can't figure out how carl, i think we have some news from contessa brewer to get to now. >> yeah, florida is such a big story. we want to get to contessa. >> reporter: look, carl. miami-dade county. let me show you what happened in this one particular county in 2016 you had clinton doubling the vote, doubling the return of what trump did she came in with 624,000 votes trump came in with 334,000 votes let's say. nearly double. this year we're getting early returns in miami-dade county and what i'm seeing here is that biden is coming in with 54% of the vote and donald trump is coming in at 45% of the vote in just this one county remember, these results are early. they could change. what this shows is remarkable in roads for president trump in miami. one more thing to take note of,

we have exit polling from nbc nationally latinos said that they really are concerned about coronavirus, about 30% of them say they've been severely hurt in their economics by coronavirus if you look though at florida, 58% of latinos in florida say they approve of the way that president trump is handling his job and so that may explain some of what you're seeing for president trump in miami date. guys >> in florida. contessa, we'll be back to you often. we want to get to jim cramer who has one of silicon valley's executives, aaron levy. >> big tech has had a huge run companies are going to likely face tougher regulation.

ceo of box solve a conundrum for me. >> okay. >> democrats and republicans hate each other. there's nothing they agree on at all except their uniform mutual distrust and disrespect for technology it doesn't matter whether it's big, whether it's small, whether the needs of the company they are respected globally. how is it possible that the finest companies we have are disliked by both parties. >> the ultimate interesting thing is that they're disliked for very different reasons on one end you have a dislike of social media platforms and what is the future of the rules these platforms abide by on on the left, you have large technology companies because of the control and the market value they have. their ability to control what

can emerge and you have an antitrust concern on that one. it's a very difficult, large, powerful companies in a range. that's intersecting with multiple dimensions that haven't been updated for the digital age. we have to stop thinking of technology as this homogeneous industry technology is media, retail, enterprise software and the retail structure we use. it behooves any administration going forward thinking of how do we want to regulate and create the rules of the road. >> i listened to mark zuckerberg last week talking about, congress, help us. we don't know what to do i know that they decided to -- some people have to spend time in washington, maybe some have already done that. my feeling is there is basically so much rancor that they can't even suggest to silicon valley what will be

good i think you've got some ideas that could unite us. >> i have ideas that won't solve our facebook problem. >> cheap shot, he'll take it >> i'm not sure anybody could solve that one the interesting thing, actually, this is the great irony. facebook would probably refer to be regulated then they could make the responsibility for somebody else to deal with what is allowed and what is not allowed on the platform which would be in many respects better for them than them being the arbiter of what can be shared on the system. ultimately the thing i think this election can certainly define but ultimately whoever is in power next needs to pay attention to is the long-term competitiveness is highly concerned on the talent we have to have, the kind of education system we have and computer scientists and entrepreneurs, the type of social atmosphere

and environment and they can have great paying jobs in the near term the response to the pandemic my shope whoever becomes or remains in power addresses those long-term conditions. >> what do we do there are so many great companies that have been started and run by immigrants. the spigot's closed. there are people on both sides people in the country deserve better there are other people like you who would st have witnessed tremendous successes our political environment, i've had the good fortune to speak to house and senators on both sides of the aisle around immigration reform this happens to be a fairly bipartisan issue we need to get the world's best talent into our country because that will drive long-term competitiveness. whatever the dysfunction, now i

think that is a huge modesty we have to decide if we want that company started in the u.s. or in a different country. >> okay. >> there's amazing talent all around the world that will start those types of companies we want to create the most fertile ownership and get it or companies in any industry. >> i want to end on a consensus note $15 stock seems a little cheap to me r me i don't know i think it's probably so much. chairman, co-founder and ceo of box. thank you so much. carl, back to you. the economy is front and center with millions 6 american.

i thought 750,000 people filed for jobless benefits >> we have former president of the dallas fed sarah, how are you thinking about employment right now we call it economic scarring, women leaving the labor force and whether a result in the next couple of days on the election provides some clarity for what we have come to call stimulus? >> right >> you have to realize -- >> the unemployment situation -- >> richard go >> no, sarah, please go we serve together. >> i'm sitting next to richard during -- yeah >> go ahead, sarah >> okay. sure so, yeah, the unemployment situation is really quite troubling and you're right that the rate has fallen a bit. that is because some people have been able to actually get back

into jobs. they were furloughed or laid off temporarily. the real problem is the people who aren't able to get back into their jobs these people are actually going to move into longer term unemployment and that's really where we start seeing real slowdowns in economic growth because we have millions of people who have not gotten back to work. they haven't been able to get a second round of stimulus this is going to be challenging to figure out how to turn it around without a second round of unemployment. >> richard, i wonder whether you think a lame duck is fertile ground to get anything done, even close to a compromise >> i don't i hope we don't have that because the situation is very simple the math is as follows, roughly 75, 80% of the jobs created in

america are created by small and medium sized businesses run by women and men that create things out of nothing they get acquired by a listed company. these are unlisted companies that don't trade on the exchanges. roughly 50% of the jobs are held in that sector, small and medium-sized businesses. you go into this covid people shut things down. those that suffer the most that don't have access to capital markets like the big companies are the ones who layoff their people, particularly it affects the lower income groups, the hourly workers, those are the ones that are suffering. that's what sarah, i think, is referring to and you have to figure out a way to get them back to work and the other thing happens when you shut down an economy, you cream consumption. if they have money and they can draw down on their savings, they're going to consume the ones that are hurt the most are at the lowest sample with

you guys, you have to figure out a way to lift those folks up it was helpful to have the 600,000 ds stimulus program but it staged them it hasn't retreated. hopefully it's not the same and the longer you're out of work -- >> right. >> -- the more you lose your skill set. that's the real problem. we have to figure out how to support those workers. >> sarah, during the last time he shepherded the stimulus back then it was criticized being small ball going to small projects i'm wondering how that package looks and how you would great its effectiveness.

>> that package was extraordinarily necessary. that was a package that got things going they were called shovel ready. they launched, they had the virtue of employing people right away something like that is going to be necessary i would argue it is going to have to be something that continues for quite a period of time, but that was a template. it was a model it was, i would argue, a small model for what is in front of us now, but nonetheless, it's an example, really, of important productive debt, of important infrastructure spending, a sense of moving things along in a way that will, you know, essentially rebuild what has been lost >> richard, one of the statistics that the biden kamt

pain has seized on for the last several months is no incumbent has won re-election with net jobs lost under their watch. i'm wondering how much of a scapegoat you think the pandemic can actually be in that regard as voters think about whether they're better off now than they were four years ago? >> well, obviously pre-covid they were much better off. part of that has to do, i want to give credit to the federal reserve, kept interest rates low, flooded the system with money. we had a pretty liberal physical policy, even under trump assisted by the congress so this was where we were. we're no longer there. people don't have a long-term memory they suffer pain they want to find an answer and the answer is rarely with someone tho leaves you in good economic recession that's true here in my state of texas as well as massachusetts,

california, chicago, nowhere else and it gives the opportunity to vice president biden. now we have to wait and see what will come through should either win. if we have a lame duck, it may be hard to negotiate if he digs in his heels, gets voted out of office. i would think -- it depends what happens in the senate race if they keep the senate and they keep the lower house which is most likely, then you think you could psy a movement very quickly. >> if we are excessive you'll be able to see a little bit of a doubt 90 base point level. there's a little bit of pressure

on interrates. that's something you don't want to see, particularly for small and medium sized businesses. >> yields tonight, 93 basis points on the benchmark. sarah, one last question on energy policy. richard knows this all too well. the election around fracking is the country ready for that? >> well, it's really a great question and if you look at -- if you look at polling and you look at the numbers of people that have come out, they've actually been hugely energized around the possibility that we could create a transition to a cleaner sector if it's one thing that seems to unify americans right now, it's this idea of clean jobs, actually creating the circumstances by which we start to figure out how to finance the

transition to an economy that is going to do something about climate change so the opportunities are really quite intriguing right now and if you -- again, if you talk to people, you know, across the spectrum, they are really seeing this moment as an opportunity for creating a response to the extraordinary devastation we've seen from climate change but a response that is strong. >> yes. >> a response that is going to create a stronger ee kochb my. >> thanks so much. we appreciate it have a great night see you in the morning >> particularly you asked the question about it. i have worked like a feigned on it we have to watch all of those.

it doesn't seem to matter who's president. it's gone away it's going away. >> see you in the morning. >> thank you very much. jim cramer shep, over to you. >> jim and carl, thanks. new projection to make nbc news projects arkansas goes to president trump 6 electoral votes added to the republican column. key swing states close to coming here wiscons wisconsin. the state of florida is too close to call. i should say too early to call republicans report to very good numbers in miami-dade county and the represent cab belief that they may be able to take that state. ohio is still too early to call according to nbc news projections. earlier it had it as a very important pressure

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fast approaching the top of the hour these are the states where all the polls close at 9:00 eastern time arizona, colorado, kansas,

louisiana, michigan, minnesota, know brad ka, new mexico, new york, wisconsin and michigan are crucial for the president or pennsylvania to stay in this arizona a tossup lots of early voting 96% of the voting in 2016. texas a tossup more early voting than the total who voted four years ago 9.7 million have voted before today. it's 9:00 on the east coast, 6 p.m. on the west coast i'm shepard smith and this is your money your vote on election night in america these are the states where polls just closed. the battle grounds we're focused on are arizona, michigan, minnesota, texas, wisconsin and nbc news has made a projection nbc news projects new york and its 29 electoral votes will go to joe biden but in several key states that could swing the

election, the results are still too close or too early to call let's begin with michigan. too early to call is the case with michigan. 16 electoral votes you can see right now vice president biden leads by almost 17 points but only 12% is in and way too early to call. in minnesota, also too early to call the state of minnesota and it's electoral votes, there will be a decision at some point there, but not yet. this is-mile-an-hour soet at that 10 electoral votes we have nothing reporting yet. expecting to have some very shortly. now to wisconsin which is one of the states that's crucial for the president. wisconsin way too early to call. 10 electoral votes up for grabs. then there's the state of arizona. one of the paths for joe biden if joe biden can take the state of arizona, he and his team will feel very good about the night 11 electoral votes and in arizona still too early to call.

then there's the state of texas. it's one of the biggest prizes of the whole night 38 electoral votes up for grabs. as you can see, it is neck and neck there 65% of all the vote in and the reason for that is all of that early voting more than 9 million people voted early in texas they were able to count early and you can see all the red counties and the blue counties down along the southwestern tip. that's the area where there had been a big push for democratic voters, heavily hispanic in that area beto o'rourke had worked that area for weeks and months on end. so far it's working along the border lots of time to go before we have a decision on texas here's where things stand across the land at this moment. the road to 270 begins here. vice president biden with 80 electoral college votes committed. president trump with 48 electoral college votes. we expect to have more

projections to make in the minutes ahead. in focus, the swing states that just closed. eamon javers is back, brian sullivan, jane wells, phil lebeau in all important wisconsin. phil, let's begin this hour with you. >> shep, the polls have just closed here in wisconsin and at this point nbc news is saying wisconsin, it is too early to call a winner here what we can tell you, milwaukee may match the voter turnout in 2020 that it saw in 2016 as with so many other swing states, covid-19 and the economy. i leave you with one or two other notes here, shep first of all up in green bay, reports of heavy voter turnout here and in dane county which is where the capitol, madison is located, 75% of the registered voters cast a ballot this year an astounding number again, at this point the ballots are just being counted

they're going to be counted here until early in the morning. >> phil lebeau in wisconsin. thanks straight to brian sullivan grand rapids, michigan, tonight, brian? >> we are not by the way allowed in polling places. not even reporters with cameras or phones allowed inside we're outside. i just got an email from the secretary of state's office about when we might know there will be no official tally in michigan tonight. we might be able to get enough data to imply something. counting will continue until it is done. in places where it is expaekted to place zays, secretary of state's office sending me that suggesting this could take days. the polls are closed as you noted, no outcome tonight. potentially as of friday, they were concerned about the robo

calls. the votes will be ounted what a key state this is, shep 16 electoral college votes florida, potentially georgia and north carolina it was going to make it a lot more interesting. >> live with us in grand rapids. thanks let's get out there to arizona heavy push for both sides. cnbc's jane smith is there. >> reporter: they were just pulling up the signs shutting the door. there was a couple that came in before 7:00, hurry up, hurry up so you can vote. a few last-minute stragglers strong in person voting but nothing compared to the massive mail-in vote donald trump won the state by 3.5 points four years ago. yesterday he sent his surrogate, his son. they're hoping they can turn

arizona blue not just for the white house. listen >> arizona is ground zero to decide the direction of the country. >> reporter: control of the senate may be at stake republican martha mcsally lost two years ago. she's a former combat pilot going after a former astronaut >> mark has already served our country in so many ways. now we need him in the senate. >> that opponent, of course, is mark kelly whose wife is former congresswoman gabby giffords gun rights, a huge issue in that race because this is a state with a strong record supporting the amendment. we could get a lot of results because they've been counting the mail-in ballots, all 2.7 million of them, for two weeks.

>> thanks to you time to talk about florida we're getting some reporting from mike memele that folks inside the biden campaign are acknowledging that the 234u78s are not what the biden campaign would like they're not willing to do any concedin conceding. 92% of all precincts reporting as always, eamon, too close. >> over 10 million votes a lot of people participating separating out the winter is tricky or how about a poll throughout the year in florida what we saw at the end was a little bit of an uptick for donald trump over the past week. the number we had was 51.48 for

biden over trump we saw an up particular the president making a move there. in nerms of his job approval, we saw an interesting movement for the president. his job removal back to 5050 i should have pushed over. had been higher than his approval number in the state of florida. that is something you want to turn around and looked like that mnuchin was down there if you want to catch a middle. the voters were telling us, them one, the economy, them that 3. the economy has to be more the two are interlinked.

in terms of approval and his number against joe biden, that might be playing out across the state tonight, joe. >> eamon, let's talk about north carolina let's show the map 77% of all precincts in north carolina reporting now joe biden has an edge of somewhere around 3%. sources inside the biden camp say that they are -- that they like the early numbers that they're seeing but that they need to wait on the day of voting, the day of voting before they make any determinations >> that was going to be so important. the question is the early vote, right, how that plays out and you have sort 69 cities and the suburban candidates out on the campaign trail suburban women, please love me he knew he had a problem with those women in all of these swing states including in north carolina

making an explicit pitch to them and we're going to see you tonight whether that has any bearing on it. county by county, who showed up to vote today? another quick projection to make now projecting that std sd will go for president trump solid red. the margins are not known but south dakota's new 2900. >> you're cooking and we'll see you at the bottom of the hour. thank you very much. shepard smith. welcome, everybody, to cnbc's special coverage of your money i don't remember vote. i'm carl quintinilla, scott walker will be with us for this

crucial hour governor, we start to turn our eyes to the midwest. tell me what you're seeing that you like and what you don't like >> well, it's all about turnout. we're seeing it from both. madison is going to be on track to have 95% of the preregistered voters in that city alone. went 85% for hillary clinton that's something i don't like. we see all over the state of wisconsin big, big, big, big, big numbers in rural, small towns across the state a big key is which towns will take the industrial areas? still too close to call. >> mark, what are some of the early commentary out of florida,

out of georgia what's going on with biden latinos? do you think that throws reach states like texas out of reach >> i think miami date is a special case because the latino community is there and ris torquically giving people, joe biden is beating in the urban areas. heavily populated and also doing better in some of the suburban areas than hillary clinton did in those states. those are positive, if you will, trends i think florida's always been tight. always been close. even though biden seems to have outperformed clinton in tampa and deval county jacksonville and pieces home.

it may not be enough to offset what happens -- what's happening -- what appears to be happening with dade county close elections mean the possibility of recounts. we have no idea as we look at these returns if every vote is counted. tonight i think it's important for the american people regardless of the projections, regardless of partial returns, that every vote is counted. >> to that point, scott, the campaign, the trump campaign has 8500 lawyers on staff and there are a couple of urban areas that have caught its eye, notably philadelphia, mill caulk we, challenge the results if they're not in their favor do you think milwaukee is a ripe target in that regard? >> i hope they made

improvements they had the issue there and that risk for president, one of the closest buildings we had wisconsin was a fall back with the smokes for votes certainly that's something we'll be watching closely requested. whether it's a big city like milwaukee. we should make sure the kroets are camping world trucked. they're in every other state across the country >> mark, good evening. i want to ask you again about florida and miami date the numbers we're seeing out of that county to me are extraordinary. however this ends up, looks like you could get 200,000 more votes there than he did this year in

2016 is there the possibility that's not just about the cuban american community, it's the fact that miami is a major tour investigator and any. >> i'm not sure. i'm not sure based on the information i have from miami-dade look, it's interesting to see miami date and compare and contrast it, blou ward county. palm beach which is another tourist investigation. it seems like miami-dade might be an outlier, in florida if the numbers we see are the real numbers. i think about what and why things have occurred

florida historically for the last 20 years has been nip and tuck the polling at the end was nip and tuck this was i believe it was in there. >> as we're looking at that map of miami-dade county, in 2016 hillary clinton took 63.7% of the vote there and what we're seeing so far tonight, far different from that in the area with joe biden with 53.4%. vice president joe biden had 610,000 votes. if you look back and compare that in -- donald trump not yet

that time, 334,000 if you round up by one. >> governor -- >> i should jump in for a second on florida i talked to marco rubio today, i talked to rick scott last night about that they felt confident, they have a a latino population. they thought particularly mia miami-dade would be important. this is something both of them had been working on and making an outreach. >> we're definitely going to watch this through the night you were with us for the hour. scott? >> the election probably the hi hire

mark, welcome. nice to see you tonight. >> my pleasure great to be with you. >> how are you feeling with your team tonight >> first, i think the bucs are going to do great. if you are talking about democrats -- >> you know the team i'm talking about. >> yeah, i know the team you're talking about. i think, you know, florida, i don't think people thought we were going to win it democrats were hoping to i think as governor walker said, it was pretty clear in and ought that was going to be -- >> mark, forgive me. i want to go to shep smith a projection now from nbc news and it has to do with the state of colorado which had been leaning dem kwut crucial swing states

this is the road to the presidency right now vice president biden back with 51 >> we're back with mark lazry. you were talking about the state of florida no call yet from nbc news. you say that's largely expected. we were having a conversation prior to welcoming you on to our program about a disappointing turnout. does that pore tend anywhere else in the country for me. >> no, not really. he'll win, and i think that will be close in texas. we're focusing on florida. why not if he shot

democrats are doing well vice president biden, it's going to be his. by the end of the night i think you'll find we'll have a new president. >> we shall see. the futures have kind of been all over the map as investors try to gauge exactly what all of this is going to mean to the stock market in the years ahead. before the 2800 mip top and if the democrats win the senate, which they did not, they retook the house, it would be terrible for the stock market how do you view the map and the markets? >> the simple reason is, i think if said to the caretaker, it's 1

to 2 trillion. there is a lot of money coming into the system which is positive for the market. >> there were so many notes talk about that and saying maybe it doesn't matter he. >> trying to recover from covid. >> chairman powell has done a tremendous job i think you're seeing the huge amount of money going into the system. >> you think the market runway, if you will, is pretty good no matter who wins? >> i do. just because of the amount of capital coming in. ultimately at the end of the day, 2 to $3 trillion going into the system is just good for equities, going into the market. >> you have businesses in china,

do micro lending i'm wondering what a put it in versus what we've had with president trump. >> i think it will continue. i think it will be the same. i think ultimately democrats and bide sen are going to probably keep the same system that's there with president trump >> there has been a suggestion that biden wouldn't be nearly as tough on the chinese as president trump has. you don't agree with that? >> it's still, but at the end of the day you have to work with everybody. vice president will end up working well with the chinese. >> don't put the cart with the horse. it's a long night. >> i know. i apologize.

>> lastly, the president has painted joe biden the shutdown president and he says he's keeping this going it's obvious that the economy is number one on a lot of voters minds. how does that factor in to what we get open with >> look, i think at the end of the day he's not chuting down the economy. the goal is trying to control the virus. figure out how best to deal with it i think ultimately at the end of the day, nobody wants to shut down the economy it's not goings to work. it's going to cause too many jobs that won't happen under vice president biden or president trump. >> good to talk to you. >> my pleasure. >> see how things shake out. chairman and ceo of avenue

capitol. we'll have much more on the markets with leon cooperman. he'll join me in the next hour so, carl, i guess the word is no florida if that's how worry. it's interesting to watch the market response. we had benchmark yields. 93 basis points. the market signaling its figure. this is a quicker decision not turning out to be the case >> that is the case. specifically miami-dade. turned to northern virginia. numbers coming in there as well. the three counties arlington, fairfax, sound right? president trump already has more votes in arlington county than he did four years ago but then

again, there's more people voting as well. >> shep, let's send it back to you. another projection from the nbc news precision desk. snd notre dame for president trump. he won this by 36 points four years ago. arizona at this hour, too close to call. democrats r hoping for a flip. no precincts reporting michigan, too close to call. it's too early to call in the state of michigan. you've seen president trump with a 20, 21 point lead but don't forget and i'm waiting for a call back. the president has a 10 point lead

3% of the precincts warner it's been a battleground for months the middle of the country, texas, 70% in of all of those votes. close to 90% of the votes. 49.3 to 49.3 the difference out of there is is texas the new florida we shall see projection, the state of alabama goes to president trump. he won it four years ago he's won it again tonight and the 9 electoral votes. is texas the story of the night? because here's the question. if that flips black -- the prompter flipped to black. if that flips to blue, we've got a whole new world. stay with us (garage door opening)

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it's 9:30 on the east coast. 6:30 on the west coast i'm shep smith your money your vote polls closed at the top of the hour in arizona. jimmie johnson ne nbc news projection still too early to count one of them is florida, florida, florida. still too close to call in the state of florida 93% of all precincts reporting and president trump has a 328,000 vote lead or 3% in the state of florida continuing now north carolina, too early to call is the word from the nbc news decision desk 80% of precincts reporting there. close to a 2% margin in favor of vice president biden 15 electoral votes on the line

now to the state of georgia, still too early to call in georgia. 40% of all precincts reporting you can see president trump has a close to 16 -- 15% lead there but that is not expected to hold expected to be close throughout the evening. now the state of texas, one we're watching closely less than .1 of 1 point separating the candidate with 73% of all precincts reporting in the midwest michigan too early to call. 18% of all precincts 16 electoral votes this will come into focus, not this early now to wisconsin, too early to call in the state of wisconsin president trump flipped that red back in 2016 but with 8%, president trump with less than 1% lead. a long way to go in wisconsin.

state of minnesota, also too early to call. waiting for any data to come in from minnesota 10 electoral votes up for grabs there. the state of ohio which could be extremely important tonight. 60% of all precincts reporting vice president biden with a 1.3 -- i should say 2.7% lead there. 100,000 votes or so separates the two candidates with vice president biden leading in ohio. pennsylvania we talked about ad nause nauseam. the numbers are coming in very slowly none of what's here is from our early walk around. there's about a list of hi-- trp won indiana, south carolina,

arkansas, south dakota which takes him up to 72 electoral votes. here are the states that have gone for joe biden nine altogether, a total of 89 electoral college votes for vice president joe biden. what we're watching for now is the state of texas the state of texas has become razor close. here's the overall map 89 in electoral college votes for vice president biden still with a lead overall. here's texas, only 8 j. 397 votes for the candidate. they're 8.3 million votes in already. 73% of all precincts are reporting. you can see where the blue and the red are. the blue down there on the far tip of the state is pretty much what had been expected after beto o'rourke and others made an enormous push in that particular area the rural areas in texas tell

one story. the suburbs around houston and dallas tell another. the question was where will the vote come out strongly enough to tip this state one way or the other. coming into tonight 9 million texans had already voted in early voting, a number that eclipsed the total number who voted back in 2016 so we'll be watching texas closely and waiting for a call from the nbc news projection. south carolina now a reminder south carolina has gone for president trump nbc news now projects south carolina and its 9 electoral votes go to president trump. so the battle for the senate democrat john rickenlooper has won the state of colorado. this is a gain for democrats cory gardner was the incumbent there. the seat has been flipped. which takes us to balance of power in the senate. for more on this, let's go

straight to cnbc's ylan mui. they need a total of three or possibly four, ylan. >> reporter: that total of at least three, shep. republicans had long expected for cory gardner to lose the seat against john hickenlooper especially once he jumped into the race and for his bid of democratic presidential candidate. they were able to protect two prominent members of their party. cornyn was the number two in the senate they were able to fend off well-funded challengers. the other states that have seen some marke kelly has been runnin

against martha mcsally he has been consistently leading in the polls we are still waiting for the results. the important thing to know about john hickenlooper, he had a lot of name recognition. he was a former governor, someone who wasn't sure if he wanted to run against cory gardner but he was recruited by democrat democratic leadership. he hasn't been a progressive democrat, he's run towards the middle that's where cory gardner was as well at the end of the day the ground shifted under cory gardner's feet he was no longer someone in the middle of his party despite being one of the most upset

members. >> ylan mui on the balance of power. let's head back to contessa brewer i'm guessing the trump campaign is feeling some life down there? >> reporter: well, you know, we've already seen the tweets out by some of the campaign leaders. they're getting ready to wrap this up. they got the counting done early. now they can focus on the counties wrapping up day of election balloting where we're coming in, 43% against trump's 53%. in 2016 hillary clinton got 300,000 more votes here it's 83,835 let's go to the next county. west coast

hillsboro county, where tampa is this is a county where clinton won, 307,896 here it's less than 50,000 votes between biden and trump in hillsboro county pinilis county, clearwater and st. pete look how close it is now only 1,000 vote difference in pinellas county at this point. then finally i want to talk about oceola county. big latin vote we know there's been an increase in the population. we are now getting from wesh that the oceola county supervisor of elects says the internet is down and they've been told by their cable provider that it might take an hour or two to get the internet

back up and going. they have been having to hand deliver the hand balloting >> contessa brewever the narrative seems to be coming together and focusing on the state of texas what do you see there? >> it is incredibly close. you're absolutely right. this is amazing to see as everyone keeps mentioning, we haven't seen it since 1976 when jimmy carter won it. the fact that it's very close is fascinating. under the electoral college system, the only thing that matters is who gets one vote more than the other. if somehow biden con texas, that probably would be the clue we're waiting for to indicate biden would be elected president but if donald trump gets it,

biden is under pressure to win some big states, that is, michigan, wisconsin, pennsylvania, north carolina, georgia, arizona, ohio you know, we're waiting. there hasn't been one yet. >> we've gotten a little separation in texas. 75,000 votes separating the two candidates all of the counties beginning to popula populate when you look at this, does any of this strike you as surprising >> well, this is what we were based on with all of the prev - i thought he would win by a bit more than this, but then we don't have the final results yet. i think biden needs a little miracle. doesn't need a big miracle he doesn't need a pocketful of

miracles, but he needs a small up next it matters because as we all know, trump voters on election day and nobody expected ohio to go to biden. when we put people off the record in both parties, they almost unanimously said, trump will win ohio. it will be closer, but i'll still win by a point or two. much closer is another one that he got last time and needs this time vice president biden with not much of a lead still too early to call. 80% of the vote in there, larry. >> yeah. the bottom people were pretty n on -- i'm sure they're thrilled

that biden is ahead by any margin north carolina is a tough state for a democrat when barack obama won it, he won it by a tiny, that a democrat has carried it so i'd say a small miracle this is starting to add up, too, isn't it providing for democrats. >> for democrats you need big numbers and you need enormous mean yes. that's come through. the smaller rural counties unless it's a minority majority. as i say, you come down to the final votes and they trickle in.

i grew inand kayla tausche, over to you. >> thanks so much, shep. less than 1/3 of the way through. we want to get back to the next guest here on your money your vote. the slow and steady work of counting ballot continues. so far president trump has 72 electoral votes. democratic nominee joe biden notching 89 in the election so far. the ball is tipping towards joe biden. so many critical states. six key battleground states, 48% of voters see the economy as the top issue. covid-19 a close second and 1/3 political corruption

ladies, thank you both for joining us penny, i'll start with you on the economy, you have been helping to lead to executives could look like. what are you telling them? what are they asking >> well, first of all, you know, what the conversation is about is the fact that joe biden would be a good jobs plan to create jobs 7.4 million more jobs than donald trump 4800 for after tax incomb. that's exciting to everyone. how does he plan to do and in research and development investments in our people, making sure they have th

ability to do the job that are being created. a lot of recognition that come down with the plan what he also understands is you've got to deal with covid first, which means you've got to deal with the basically practicing good public health practices. mandating wearing a mask making sure that he will deal with the fee as stowe ka has been trump's testing efforts but unsuccessful efforts he'll make sure that we're capable of all americans in terms of health care creating good jobs, this is why people are excited about joe biden. >> christine to you, a penny says biden would be a good jobs

president. you know the energy sector we know ohio and the utica jobs depend on the ability to frac. the former vest president? do you think that's the right direction to take the country in >> first of all, i do think it is the right direction they are starting to move towards a greener child. he is not going to stop fracking in those states, which you've said again and again it's hard against the constant drum beat that he's going to do away with tracking not in marcellus shale, that is 23409 part of it we have to move to a greener

economy because it's a very real thing. costing us very real terms lives, livelihoods, droughts, storms people are finally taking note of and understanding in order to get the economy back is to get the virus under control. joe biden has indicated he has a real commitment to that and understands it you can see a link because as the client warnings. we have animals that are now moving in closer to humans and passing on all kinds of things that we happen before.

this is the sort of stuff you can expect as the absolutely certain. under this administrationwe have had to deal with the environment to keep us safer so i believe that joe biden will absolutely be a job producer he is going to continue. he understands we have to have a transition to a green economy, but it will be a green transition. >> we'll pause this as polls are closing. we'll go to scott woman ner. >> appreciate it a good time to check on how the reaction you can see from our chart here, dow futures down by 254. just shy of 1% it's not only a stock story this evening reacting to the election

results we've gotten so far. maybe some of the bets that investors are placing in the market it's a bond and yield service. nasdaq higher. there's the 10-year. why is that important? 81 basis pounds because earlier it was at 94 perhaps maybe the market getting so cozy with the thought of a blue wave, so to speak, wasn't going to take. maybe we aren't going to get the massive stimulus plan that some had factored in. yields have come down, stocks have come down albeit slightly it's early even moments from now as we've learned all through the years as

we look through the futures. let's widen the conversation president of the urban league and mark walker. i'll go to you when you look at the vote and turnout in major cities, do you see any trends that peek your interest today mp they've turned up in cities and very strong turnout amongst black voters i said this earlier, biden's margins in many of the urban communities, northern ohio, north carolina were wider than hillary clinton's time in the tight states ohio was making it. i think biden is doing better in the suburban communities around charlotte. the suburban communities around

cleveland. some communities that donald trump did much better than expected in 2016 i think you see a trend towards biden. one thing is for sure, the biden una if i am eightor and burning the career to me we don't need that i think you're going to see the impact that that work and the impact of those workers came one of the key questions is the role of the younger voter. voters under 40 have asserted themselves in this election. whether they've turned out in large numbers and how they have turned out

we've not. in places like atlanta and houston by young voters to turn out in large numbers. >> governor walker, i'm confused we've talked for a while now increasing covid cases in the midwest, increasing operations low do you think that's from a caramel goofy. that's exactly the three states, checking in between ted group is going to go to the president arizona is is still on the bubble the question is how much you boil down to those three

states pennsylvania a little bit toot east it divides it said and it has a slightly bigger chunk of the jobs and the economy is an issue. for the people who thought covid was the issue, they voted on it earlier. for people who think it is an issue, you'll see record turnover it means we'll have a long night and a long week. >> we are going to have a longer conversation we want to send it back to shep smith in studio b. we'll see everyone back. what are we waiting for? montan

montana. all of that coming up in 6 minutes now on cnbc. take a look at texas president trump opening up a bit of a lead in texas 76% of everything reporting. 177,000 votes separating the two. still too early to call in the states of texas. georgia, this is a state vice president biden hoped to take. way too early to call. only 47% of new york vice president buy the den of close to 30,000 votes. some of the day of voting coming in we'll see how north carolina shapes up. look at the seeing gall. too close to call according to nbc news.

miami-dade county in south florida. get you updated on the others that are too close to call it's election night in america your vote your money on cnbc i'm searching for info on options trading, and look, it feels like i'm just wasting time. that's why td ameritrade designed a first-of-its-kind, personalized education center. oh. their award-winning content is tailored to fit your investing goals and interests. and it learns with you, so as you become smarter, so do its recommendations.

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we're fast approaching the top of the hour and another group of polls closing on cnbc and these are the states iowa, montana, nevada, and utah.

we're keeping a very close eye on two of these. iowa is an nbc news tossup state. president trump is playing defense there after winning the state in 2016. president trump won that by 9 percentage points back in 2016 joe biden was in des moines just days ago to rally voters again, iowa closing just a few moments from that in the know that this state is very much up for grabs. senator hillary clinton won this by 2.4% over donald trump. democrats trying to get it this time and now on too one of the most watched senate races in south carolina still too early to call with close to 40% of the vote in. lindsey graham leading by leading by about 10% over his democratic challenger.

it's 10:00 on the east coast, 7:00 p.m. on the west coast. i'm shepard smith. iowa, montana and nevada and utah closed, they are all too early to call. let's look at some of the battlegrounds that could decide this election. texas too early to call. had the trump leads there. in pennsylvania still way too early to call. this is texas now, president trump has about 180,000 vote margin in the state of texas, too early to call with 76% of the vote in. now in pennsylvania, president trump with about a 46,000 vote lead or just about 2.3%, still way too early to call, only 20% in, another reminder, pennsylvania is still going to

be counting early voting over the next two, three days now the state of florida, the difference here is that 382,000 votes right now officially it's too close to call, 93% of the vote is in, in florida, but again, florida, florida, florida, with close to 10 million votes now in we still don't have a decision there. it's too early to call in the state of ohio. almost 70% of all votes are in the difference, about 100,000 votes with president trump in the lead over vice president biden here still a ways to go and too early to call there. now a look at the state of georgia, the trump lead has expanded, but look in the upper right-hand corner of your screen 51% of everything is in. it's a slow go in georgia tonight, and way too early to call, though president trump has a lead of about 346,000 votes in that state, or close to the

percentages are up there around 13%, but with just barely over half of all the votes in, way too early to make any call there, same in north carolina, 84% of all the votes are in. vice president biden has had a lead as the numbers have progressed the concern among democrats is that your day of voting is coming in later, day of voting favors the republicans in this case because remember, democrats had said mail in your vote, be safe for covid so they hoped early voting in north carolina might put democrats over the top. it is too early to call with 84% of all the precincts reporting there and then in arizona too early there. expecting to get a dump of votes from arizona coming up soon enough with 11 electoral votes up for grabs no reporting coming out of arizona so far but here is the big picture, vice president biden still leads in the race to 270 electoral votes.

the former vice president, democratic challenger has 89 electoral votes. president trump with 72 electoral votes. some analysis, eamon javers has the latest from the campaign trails, ylan mui is tallying up the balance of power republicans are happy with what they're seeing in florida. >> you're talking about texas a short time ago, if we can put up the texas numbers it's a lead for donald trump in texas but it is close in that state that reminds me of what the trump campaign toldarios for the overall race in every sing the seven scenarios, it was with texas they had texas in every single one. larry said it would take a minor

miracle for joe biden in the state of texas that would throw the trump became plan for tonight out the window if they were to capture that state and shep, some news on the cyber security front coming in from nbc news, sources familiar with the matter telling nbc news prior to the election, u.s. cyber command conducted offensive operations targeting computer infrastructure associated with government hackers in russia, and iran. the idea here was to thwart any election interference efforts that those two countries may have this h in mind for tonight ahead of time. we're not getting the sense here this was a major significant attack, but it was offensive operations against government affiliated hackers in both of those particular countries, iran, and russia, what one official telling nbc news it makes us feel good to do that. they don't foresee fundamentally altering the operations of those two countries but an interesting move nonetheless ahead of election night to take offensive

cyber actions. >> thanks. let's get to the balance of power. ylan mui with the balance of power. >> neither one is close enough yet to claim control for the senate republicans held on to seats in kentucky and texas despite some well-funded challenges that had gotten national attention. mitch mcconnell is the projected winner against amy gmcgrath and john cornyn is projected to win against m.j.hagar. the democrat also flip the senate seat in colorado, john hickenlooper is forecast to beat cory gardner the next states to watch include arizona and kansas and arizona, democrat mark kelly has been consistently polling well amade of martha mcsally. she has doubled down on her support for president trump and he's trying to cast himself as

an independent voice to try to win over some of the swing voters in kansas, barbara bollier used to be a republican and switched parties in 2018 serving in the state legislature, morally the party was not going where her compass resides. no dramatic upsets but the night is young >> thanks so much. to north carolina now, scott cohn is in raleigh for us. scott? >> reporter: shep, you touched on this. things are moving fast here, and things are tightens up we are in downtown raleigh and first of all, we can tell you a little about the of a cat and mouse game with a handful of protesters, a couple hundred or so that did minor damage from the capitol, heavy police presence as well here, and they're chanting variations of "no matter who wins, you lose. well, take your pick at north carolina, because it is tightening up considerably take a look at the state now,

with still too early to call, but it is dead even here with 86% reporting. remember what we've been talking about all day with the turnout a huge early vote turnout about 4.6 million by mail or early voters, they were thought to lean towards the democrats and in the big cities here in raleigh and charlotte, wake county, mecklenburg have delivered. if you look at the heavy republican counties where they were counting on the trump forces counting on big turnout today that seems to be coming true and seems to be what is shaping things up. johnston county, a big vote for trump along the lines what have he did there four years ago and needs to do today to hang onto this state a must win for president trump, no republican has won the white house since dwight eisenhower without winning north carolina,

biden hoping to pick it up >> scott cohn in raleigh, thanks so much. carl quintanilla, over to you. >> might be worth taking one moment to point out it seems like the turnout, the lines, the counting itself, the process, shep, appears to be going on without too much of a hitch, maybe a delay here or there. >> extraordinarily well. nothing serious to report at all in some of the bigger counties, campaign workers and the election officials were saying this is going very smoothly. that early voting worked >> indeed. shep, see you at the half hour i'm carl quintanilla with scott wapner, kayla tausche and john ford >> also throughout the night we're going to hear from two key ceos on some of the biggest issues, bob swan and jennifer tejada pager went public last year, from the battleground state in

michigan the first topic, where government should invest to help business grow in the usa >> i think it's really important that we as leadership community, as a business community along with state, local and national government support entrepreneurialism in the u.s. and support innovation, whether that's ensuring that we're funding research around machine learning and automation. automation has become a really important investment space for our customers. >> first, it starts at a level playing field. if we compete from a manufacturing basis, with, in a global world, second you always have to have access to great talent, so being able to move global talent around and have the best workforce here in the u.s. is a second imperative, and third, at the local level, a real close partnership

large fabs have lots of important hurdles you have to get through to put a fab up and have a close partnership is important. >> for more on this and the idea of partnership, we're going to talk with robert john son, of rlj companies and cnbc contributor. bob, great to have you now, we had you on cnbc a few weeks ago. you said as a businessman when it comes to the presidential race, you were perhaps leaning toward trump you said as a businessman, i'll take the devil i know over the devil i don't know how much of that is the government setting the conditions for businesses to thrive the democrats aren't doing that. >> it absolutely has to do that. the key to business growth and economic development in the country is certainty, certainty in terms of the policies that

drive economic growth through innovation, through an appropriate tax regime, and through a focus on deregulation that helps innovation and drive business risk. and i still believe, when you take the republican party as a whole, they are more focused on trying to find ways where business and the party can partnership for economic growth and development, and so to me, again, speaking as a businessman, i like the idea of someone who says i'm willing to evaluate the appropriate tradeoffs between an open economy during a horrific pandemic and finding solutions to the pandemic. that to me is going to be the ultimate choice as to whoever is elected president, a leader must be able to focus on how to manage tradeoffs for this

society to continue to grow. you can't lock it down, and ignore economic development. you can't let economic development happen without focusing on changing the pandemic, it's a tradeoff. >> hold tight for a moment, please shepard smith has breaking news. >> we've been following the state of ohio very close, too early to call. we have a change in the language from the nbc news decision desk. let's look at the big board. the state of ohio still too early to call, but leaning toward president trump i believe we have that on the big board that we could show you. ohio of course has been a tossup we don't have it at the moment but ohio has been a tossup from the very beginning no republican has ever won the presidency without winning ohio, and the state swung hard to president trump back in 2016 still too early to call here in ohio with 76% of all the vote in, but this is clearly the

president trump is in the lead here, but too early to call. ylan mui on the balance of power. ylan, first on the georgia race, what do you have for us? >> nbc news is projecting that the georgia special election for the senate seat will go to a runoff in january, and the reason that is happening is because none of the candidates are expected to get 50% of the vote, so that means the top republican vote getter and the top democratic vote getter will face off january 5th for the democrats, nbc news is projecting that to be rafael warnoff, pastor of ebenezer baptist church for republicans too close to call, too early to call. kel kel kelly loeffler and doug collins bat tell out what this means is that we may

not know exactly what controls the senate, which party controls the senate until that runoff is decided january 5th. this could drag on for some time >> the chinese currency has made a turn over what they're seeing. >> the senate is key to the legislative agenda for either party. if joe biden has a republican senate he's not putting forward some of the tax policies and climate change policies he proposed on the other hand if we see democratic control of the senate and see that blue wave, some of those things are a lot easier to put forward, what investors are looking at >> thanks ylan mui another projection to make, word from nbc news decision desk that new mexico in its five electoral votes will go to vice president biden. this had been a likely democratic seat throughout the

campaign by nbc news projections, sure enough, new mexico has gone to vice president biden. john fort, over to you >> i want to pick up with our conversation with bob johnson. we talked about the senate and we might not know who has control of it depending on how tonight turns out. one of the issues government is dealing with, trade, the chinese currency reacting to what's happening and not happening here tonight. the market's been moving a lot on the idea of stimulus. how important is trade and the handling of that to where we go as a country business wise after tonight? >> i think you got to look at one thing before you get to the trade issue. i do not believe it's in the best interests of business and the country as a whole for the country to be governed both the house, senate and the president by one party

having retained in the senate whoever is in the presidential seat is critical to get a dialogue and deliberate discussion how best to implement trade policy that expands free trade, which i think is critical to a global economy and to protect the american economy, particularly on protecting intellectual property and particularly to deal with the chinese and at the same time, obviously being responsible for some of the issues of labor and proper treatment of workers and foreign markets, but overall, i think trade is going to continue to be a critical part of the economic growth of this country, and we're the largest economy in the world, and our ability to open up markets and expand into markets under rule of law with respect for rights of the people who live in those countries and work for american companies are critical and so the chinese are ex-papding globally, rapidly,

expanding economically and militarily and they have a system that allows them to make decisions without a lot of deba debate we fortunately don't have that the key is to project a strong economy in the u.s., bring businesses home, build a strong tax base and a growth base for american workers >> every election it seems like people say this is the most important lerks of our life time and cast this as as a stark divide i want to ask your push on one point that you made, you said it's not good for one party to control both the legislature and the executive branch seems like lately even within parties there are these divisions between the moderate and the not so moderate and can't always agree

>> the real problem, whoever the president faces we lost the definition of a uniform america anymore. i don't think we have that i don't think we have a uniform idea of what is the values, the virtues, the character and the purpose of this country. whoever takes that seat at the white house, whether it's president trump or vice president biden, somehow they've got to bring americans together to define what it is to be americanism or an american and until we get that, we're going to find ourselves facing a lot of challenges based on culture, not based on policy debates cultural etiology, we put ourselves in a position where we're going to have a tough time being the world's leader, and being a place where

americans stand together >> free and fair elections and important sign to the rest of the world and the american people that the bedrock of democracy is strong so we hope this continues to go smoothly. bob johnson, thank you for being with us. >> thank you very much >> bedrock of democracy to the backbone of the american economy, the ongoing pandemic hitting businesses large and small across the country 100,000 small businesses have closed since march, according to yelp and the fear is that many could be permanent kate rogers is there with three business owners right now for their outlook. kate >> that's right. the economy continues to be a top issue for likely swing state voters according to our cnbc states of play poll, an issue top of mind for small business owners hoping for more aide from washington joining me to talk more about the state of the economy and the need for additional stimulus are

david barr, franchiseee of kfc, taco bell, gwen, manufacturer and retailer in detroit and michael de los santos, a dry rub company in durham, north carolina thank you for being here we appreciate it gwen, you were able to get a ppp loan and eid loan. how is it for stimulus to continue moving in an uncertain economy in. >> in the beauty industry we've seen an increase in demand but the problem is with covid and all the things that come with it, we have experienced a number of challenges, but supplies and things like that although we received the eidl and ppl we are grateful for receiving those, we could use more economic stimulus for our

company, i'm sure i could speak for a ton of other companies as well >> david, our polling shows so many are uncertain and worried about the economy in the year to come you have a good read on the consumer you have so many consumer facing businesses what is your top concern right now? >> top concern we need to get back to a place of work and to do so for many businesses in america, that becomes very difficult so in that regard, my concern is how do we bridge from a covid world to a post-covid world and more specifically how do we have the stimulus packages to do that one stimulus package that i think and been an advocate for is tax deductibility the original ppp loan suggested we would not be paying taxes on those loans and as we sit here, small businesses throughout

america in four ofive months will have large tax bills, one quick stimulus we could have ultimately this is about liquidity, how we bridge where we're at to a full economy that is months to come. >> mike, not everyone was able to get ppp and eidl aid. your top concerns were aid for truly small companies and financing for minority owned businesses how do you think the cohorts are best served in an additional stimulus package if and when we get it >> i think the best way to serve the smallest of small business is to give some sort of financial support. many businesses like mine, under 50 employees, i have under ten if you got a ppp loan it was small, not enough to sustain yourself and stimulus dollars from governments to stands, regranted or loaned out to small businesses were not given to brick and mortar businesses and

businesses like mine make a lot of definite knew from fairs, festivals, direct consumer events, closed since march that's a huge revenue stream not there anymore. you have to shut down and hope things reopen or convert to online they've been closed or fighting for survival any stimulus that comes forward needs to support businesses that serve online sales community and are rely ant on festivals and markets. if they have to close down, it's a huge impact on the local economy because the businesses have big impacts on the local dollars. >> we have to leave it there for breaking news. shep, back over to you >> a big projection on the balance of power in washington,

el ylan mui what do you have? >> democrats will maintain majority in the house. this was expected. the question is how large that majority will be democrats could expand their number of seats from 10 to 12 but house speaker nancy pelosi not wanted to make any predictions, perhaps doesn't want to jinx it but nbc news projecting that democrats will maintain their majority in the house. in addition, nbc is also projecting tommy tuberville will win the atlanta senate race against democrat doug jones. this was another expected outcome. democrats had ceded doug jones was likely to lose in his election, considered his seat a wash against the gain they hoped to make in colorado by flipping the seat cory gardner is holding. we find each party has flipped one senate seat so the mast

doesn't change democrats need to flip an additional three seats at a minimum in order to take control of the senate. >> ylan mui, thank you so much a couple more projections to make, nbc news projection team is now saying kansas likely goes to president trump this was a -- well, this is a kansas senate seat roger marshall and that's not what we were talking about we were talking about for the president i believe. kansas now goes for president trump, kansas and its electoral votes six of them, likely republican throughout the process. sure enough now the nbc news decision desk predicts its six electoral votes go to president trump. in addition, louisiana likely red, now is projected to go to president trump. the state of louisiana and its eight electoral votes to the president now as we work on the

road to 270. the road to 270 is becoming clearer but certainly not settled and may not be for many hours to come. still waiting for a number of key states and here is the big board, vice president biden with 98 electoral college votes, 86 for president trump. we're watching a couple of states as we head into a quick commercial break the state of wisconsin too close to call. the state of michigan still too close to call. we'll have new poll closings at vegetop of the hour and cnbc cora continues your money, your vote, right after this (customer) hi?

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your money, your vote, it's 10:30 on the east coast, 7:30 on the west coast i'm shepard smith at cnbc global headquarters this is election night in america. polls have now closed in 44 states and the district, but

right now we're watching key battlegrounds on cnbc. let's begin with the state of florida, nbc news projection, too close to call with 94% of the vote in, the president is leading in the state of florida, we still have 6% left to come. the moment they can make the call they will, but too close to call in the state of florida north carolina at this hour, also listed, with 89% of the vote in at too close to call, president trump now a lead of 42,000 votes in a world where more than 5 million are accounted for. in georgia, it's too early to call only 55% of all the votes are listed as in president trump with a sizeable 12-point lead, 351,000 votes the margin there, with only 55% of the votes in, too early call for the nbc news decision desk in the state of texas, 80% of the votes are in, the numbers

are skyrocketing across the state. the president has a lead of about 339,000 votes. in ohio too early to call, ohi in its 18 electoral votes, the president with a lead of about 233,000 votes, but too early to call in arizona, also too early to call 75% of all the votes are in, in arizona, a large swathe on the east side not yet in vice president biden has a sizeable lead, 53.7% to 45%, but only 75% of it all in. that would be an enormous pickup for vice president biden if it happens, but again, too early to call let's zoom in on maricopa county in arizona as you probably know it's about 60% of all the votes, considered a bellwether in this state, absolutely is. the most populous county in that

state by far vice president biden leading there but only by about 142,000. that's with 77% of all the votes in, that's maricopa county in arizona. we're just getting new information from utah. utah has gone for president trump, expected to be red and is red tonight. now look at where things stand in the big picture overall vice president biden with a slim lead, 98 electoral college votes to 92 for president trump. let's check in, in arizona where maricopa county often leads the way. jane wells is live there in phoenix. jane >> we're outside the elections office here where people are actually coming in volunteers and i'll tell you in a minute what they're doing it. it tells you why it's too close or too early to call as you pointed out, joe biden in maricopa county the overwhelming majority of votes in this state is leading by about nine points,

only 160,000 or whatever votes, and because in-person voting today was so heavy, and many republicans were waiting to do in-person voting, that is a big reason why it is too early to call the election in this state. and what these volunteers are doing is they're coming in and having their temperatures checked and then they're running out to the trucks as they arrive in the back with all the ballot boxes from all the election sites that were here in the phoenix area today and maricopa county it will be interesting as the night goes on not only if republican votes start to come back here in maricopa county but what happens with the registered independent voters and what they do the feeling is joe biden needed to have a strong lead, it was expected democrats were going to be out in front soon and that then republican votes would eat into that lead we'll have to see what happens >> jane wells live in maricopa county, phoenix, thank you polls closing in iowa, montana

and nevada, plus utah a less than a half hour ago a total of 21 electoral votes. steve liesman has exit polling steve? >> shep, thanks. according to early results from the nbc news exit poll of early and election day voters president donald trump's farvelt is trending higher in the polls that led up to this election 46% strongly or somewhat approve of the job president trump is doing compared to 53% disapproval. better than the preelection polls. with latino voters in key states playing a key role in some of the results. 58% of florida latino voters approving of the job president trump is doing as president. 48% of colorado latino voters aproving, 44% of texas latino voters approving of the job he's

doing as president and 37% of nevada latinos approving the president trump's job. suburban voters in ohio, a key state. 37% of urban voters voted for trump, compared to 38% in 2016 52% of suburban voters in ohio voting for trump, and 72% went for trump versus 69% in 2016 biden's performance on white voters better than clinton in 1996 60% of the white vote in texas but 34% the best since clinton in 1996. that may not be enough to take the state. the results preliminary and will be updated throughout the evening and even over the next several days back to you. >> steve liesman, thanks so much larry sabideau the director

of the virginia center for politics maricopa not finished. as it goes, so goes the state? >> absolutely. that's where the election will be decided and believe me, joe biden may need arizona badly he's really got michigan, wisconsin and pennsylvania and arizona and maybe those two single electoral vote congressional districts, one in maine and one in nebraska, and that's where the election probably is going to be decided. i'm not jumping ahead on north carolina, or georgia or texas or ohio or any of the close ones, but right now, they're edging to trump, not biden so we're still waiting for biden to produce in some big states. >> hasn't happened yet scott wapner, over to you. >> thank you very much the dow under president trump seeing a massive climb s&p even better than that, only to be slowed dramatically by the coronavirus crisis

investor lee cooperman joining us now lee, welcome to our coverage good to have your voice with us tonight. >> pleasure to be with you even though it's past my bedtime. >> how do you think this will unfold what are your thoughts so far? >> i'm afraid one of them might win. in all honesty, i think the country deserves two better choices than we've had it's very clear what's going on, trump's very successfully played the socialism versus capitalism card and successfully played looks like the law and order versus violence card who knows, i'm reminded the late senator jesse helms from north carolina, famously said i've never won a poll, okay, but i've never lost an election so the pollsters might be embarrassed, the early returns in the stock market, the s&p is 51 points

above fair value, bonds are strong, the dollar is strong so the market at the moment is suggesting that trump will win >> because you're saying that because as i said earlier, the market seemed to get cozy with the idea of this blue wave, which would mean a massive stimulus package, which would force yields up, the stock market would rip even more on that and that seems to be -- >> i have a different view with all honesty. i think the near term outlook for the market is a function of three things, do we come with a vaccine for the virus, which i think we will by the end of the year, a pathway with a vaccine effective the middle of next year, a stimulus package which becomes more probable once the election is over, the decision will have been made and thirdly the election get it out of the way and as long as there's a decision the market would like

that >> who did you vote for? >> i voted for biden to be honest, and i voted for biden because i voted my values and not my pocketbook. i'll be richer tomorrow if trump wins, probably be poorer tomorrow if biden wins, but i voted my values and you know, i think trump isn't what he says he is. he's not a capitalist. i call him an interventionist and the price of oil was down, he tried to talk it up when it was high, he tried to talk it down we came into 2020 with a trillion dollar budget deficit and fully employed economy if you're a capitalist you don't believe in negative interest rates so he's an interventionist and at the end of the day, i

made a personal decision i'd rely upon 337 members of congress and 100 u.s. senators to decide whether the country will remain capitalistic in orientation or socialist and that's a personal decision i know a lot of very good people that are on the other side of that i have two guys i work with, one i worked with for over 40 years, a bright gentleman, very generous gentleman, very, very human in his view of the world, and he's in favor of trump because he fears socialism and i fear socialism as well >> on that note, you know, to me, the thought of you voting for a democrat would have seemed a bit crazy not that long ago, right? we go back to -- remember the letter you wrote to president obama, you got in a

back-and-forth with eliz base l beth warren. >> i wrote that letter as an american citizen i want to give people the opportunity to achieve what i achieved first generation born in america and go to college, all of my education is public school based. i started my career in washington with a 6-month-old kid, negative net worth, student loan, i made a lot of money, giving it away i want to give others the opportunity to live the american dream. the main vice of capitalism is the uneven distribution of prosperity, the main device of socialism is the equal distribution of misery churchill said we don't make poor people rich by making rich people poor. high letter to obama, he was depreciating the american treem i wrote to him as an american citizen.

i got into a tangle because of you delivering alpha when you asked me a question after my speech, i didn't discuss politics, what would happen if elizabeth warren was elected president? i told you the market would drop 20%. next day not knowing anything about it, she tweets leon, give others the chance to live the american dream i got a president from the remember toer president eforme the university >> biden says he'll bring the corporate rate up to 28% what is that going to do for the outlook for corporate earnings and thus to stocks that's what a lot of people want to know about. >> i said to you, i'm voting my values, not my pocketbook. there are 11 million fewer people working than were working in february. a third of the pupils attending school, a third are attending

normally two-thirds are not attending normally poverty and hunger has risen in our country. this tremendous social unrest in the country, and he has been unable to deal with it in an effective way. he's mismanaged covid crisis, you know, and so i am voting my values one of my heroes, ken langone. he is a perfect role model for anybody. made it big, extraordinarily generous, view of the world i sign onto and voting for trump because he fears socialism

i rest my control with congress. if they're coopted by the socialist, we have to wake up tomorrow morning and see what happens but i was prepared to see the market go -- i think the market will have a problem no matter who is president. we're creating a tremendous amount of debt and nobody seems to care. 244 years no national debt to $24 rillion. it's going up $3 trillion or $4 trillion per year. someone has to pay for the party when the party is over that's my focus. over the next few years environment where the dollar declines, interest rates rise and overall market doesn't do a lot. between now and the end of the year will do better, good news on the virus, the election out of the way and compromise in

washington on the stimulus bill. just remember will rogers said famously, if politicians delivered 10% of what they promised, there would be no need for heaven wait and see what happens. >> the only thing i'll take issue with you on is when you said we have to wait until tomorrow morning to find out the result we might have to wait longer than that. lee, good to talk to you as always, good to have your voice as part of our coverage tonight. >> my pleasure good luck. >> that's leon cooperman >> ask cooperman if we can write in will rogers >> somebody has tonight we'll see. >> the way this thing is shaping up as one of my producers said the big ten is going to decide this thing not the sec there is a road that looks much clearer whereby a week from now we could still be talking about pennsylvania >> i heard a lot of people that

i talked to, shep, around the sort of wall street bubble thinking that maybe you would have a result tonight that it wouldn't be as messy as some had forecast i think your point is well taken and the one that we may leave this evening with, we may have to wait several days before we have an answer and market standpoint it has to dot same thing. the market hates uncertainty and already been all over the map tonight. >> i heard it from the right and the left it's not too bad another nbc projection looking for something to go oh that may -- this isn't it. missouri going to president trump, ten electoral votes, that is in no way a surprise. missouri's been likely red the whole way through. then there's illinois, which has been solid democrat and sure enough illinois goes to joe biden, 20 electoral votes from illinois going to joe biden, a surprise to no one

the big board the map that takes us on the road to 270, you need 270 for the white house. former vice president biden has 118, president trump 102, and miles to go before we sleep, will rogers for 1,000 please, alex over to you. >> miles to go before we sleep some people think their fortunes might be changing. the teshry secretary gathered with about 200 attendees, the mood is great. only six states have polls still open we bring back our getz, marc morial, scott walker, penny pritzger and emily whitman you have bundled for joe biden, there has been so much money sloshing around this race but you look at the returns that have come in are you getting the return on

investment you hoped >> absolutely. absolutely joe biden is the man who can take this country forward. there's no reason not to want to invest in him and invest in his great ideas. he is not a socialist as some feared i've worked with him he wants to see everyone in our country thrive and he's well aware that half of the jobs that have been lost since the coronavirus have not come back and we need to invest and be smart about how we get this country out of both the health care crisis, the racial crisis as well as the economic crisis that we're facing. >> there has been a concern among some independent voters how progressive former vice president biden would have to become to cater to what the democratic party looks like right now. what did you see throughout the course of the campaign what do you think would happen if he were to take office?

>> well he didn't indicator to anybody. that's why he is the democrat nominee. he beat those in the far left who wanted him to cater and hasn't catered, throughout his career he's brought people together and what he will do as president and we have a long way to go there are a lot of votes to be counted, a lot of these absentee ballots or mail-in ballots like pennsylvania, we are not going to know from the couple of days. joe biden will stand up to the forces and bring the country back to the enter. he will center us, be a decent, calm president, get us back onto a course to attack the coronavirus which is the only way to get the economy going and he will do it in a bipartisan manner which means it can last the test of time and that's what's so important. you keep doing things by fiat with one party, the next party that comes in just undoes it all and that is the instability that is undermines the strongest

economy that we have had >> governor walker, a blue wave looks unlikely at this point turnout seems to be strong from voters of both parties i imagine you've been on your phone talking, texting what is the mood from where you sit? >> i think you're exactly right. this is incredible turnout in the state of wisconsin, the capital city has about 95% turnout amongst preregistered voters and yet in rural traditional republican areas historical levels as well. phenomenal levels out there. it's going to boil down to a handful of cities. i've said it's in wisconsin, i think in pennsylvania, michigan as well, it's going to be mid sized industrial cities, blue collar workers historically voted democrat but not necessarily liberal and and florida, georgia, north carolina, texas, ohio, are all going to go for donald trump

arizona i think is going to go for the president but a little bit closer, in the end it's those three states in the big ten that will make the difference and if it's pennsylvania, we probably won't know for quite some time michigan and wisconsin we may know sometime tomorrow >> certainly with the markets responding to overnight. marc, if there is a discussion among the democrats biden's attempt to have the race center around character was a miscalculation >> look, all of these premortem analyses are wise. we have not counted all the votes. what i see in wisconsin is urban communities like madison and milwaukee, where you had high turnout, we won't get all of those results until the wee hours of the morning, in pennsylvania and michigan, the same high urban turnout

donald trump won wisconsin with less votes than mitt romney lost to barack obama with he has to do far better than he had in order to overcome a higher turnout i think it's premature to judge each race, there are many, many more votes that need to be counted and i'm seeing many of the urban and suburban communities biden performed better than the cincinnati suburbs. he performed better than hillary clinton did. when those votes are counted, those states, those industrial midwest states are going to stand up for joe biden >> marc, within the white house, jared kushner was the architect of the strategy to reach tout black voters through funding for hbs are hbcus. if the president could shore up

black voters in detroit, philadelphia and some denser cities in florida, he could have a shot there and i'm getting texts from senior administration officials now what we're seeing in miami-dade county could be proof positive kushner's strategy is bearing out. do you think there is a strategy >> kushner, i'm not going to take -- look, yes, so opportunity zones were introduced by tim scott and cory booker the first step back a bill introduced by jeffries and ko colli collins. you're giving too much credit and the problem is that token policy measures when you refuse to denounce white supremacy, sends a message that those policy measures are just hollow symbolic gestures and not a real appeal to african-american voters african-american voters are shrewd and very wise and

understand the difference between substance and tokenism, and that's what you see playing out. don't just throw a few ribbons towards the community, but not have the best interests of the community and indicate day in and day out you care about us, you want to be our president like you want to be the president of every other american >> we'll see what some of the demographics show marc morial, governor walker, penny pritzger, governor whitman, thank you for joining us >> a lot coming up as more closings will happen this time the big daddy of them all in california plus idaho, oregon and washington state, some key races still in the balance, a projection, nbc news projects mississippi's electoral votes go to president trump, a solid red state in the deep south, no surprise at all. checking on the road to 270 electoral votes to get you to

the presidency, here is the map. vice president biden with 118 electoral votes, president trump with 114 electoral votes there are a few outstanding states that will decide this in the end, whether it's left to pennsylvania and days down the road, yet to be determined, this is your money, your vote, election night in america, from cnbc, first in business worldwide. skip to cold relief fast with alka seltzer plus severe powerfast fizz. dissolves quickly. instantly ready to start working. ♪ oh, what a relief it is! so fast! the 1966 e-type roadster... my father spent 3 years restoring this car... it is his love... it is his passion- it is his fault he didn't lock the garage. don't even think about it! uhhh...hi, dad!

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fast approaching the top of the hour on cnbc and polls are about to close all along the west coast of the united states and here they are, california and its 55 electoral votes plus idaho, oregon and washington state. so here is a look at the electoral map and where things stand right now. you can see president trump with a large swathe across the center of the country, mississippi added a short time ago still waiting for a long list of battleground states. texas among them all of these in yellow still waiting for decisions in all of those from florida to georgia, up into the carolinas, over into texas and into arizona but a big senate win for republicans is happening, nbc news projects the south carolina senator lindsey graham holds onto his seat

will pick up the seven electoral votes from the state of oregon. zero surprises so far on the west coast

we're keeping a close watch on battleground states where it's still too early or too close to call in all of those here in yellow let's start with pennsylvania. 41% of all votes are in. pennsylvania has stopped counting in some places, has guaranteed us we won't have anything until friday. there is a world in which all of this winds its way around the country and finishes smack dab in the middle of pennsylvania, where we wait, wonder and listen to the lawyers, bhut we can hope for something different between now and then here's georgia, also too close to call. 62% of all the vote is in. donald trump with a lead here of about 323,000 votes. on to wisconsin, too early to call there ten electoral votes up for grabs. 43% of the vote in president trump with about a 25,000-vote lead election officials telling nbc

news, they do not expect to finish counting votes in milwaukee until 6:00 tomorrow morning. which means wisconsin will likely be in doubt when you turn on "squawk box" tomorrow morning. here's where the electoral map stands right this minute now vice president biden with 192 electoral votes across the country. president trump with 114 electoral votes. but the devil is in the details, and the big swing states still waiting to learn what's happened let's turn to eamon javers in washington following the trump campaign throughout the night. >> they're feeling very good at the trump campaign senior administration official telling me about those results that you were just showing. what you saw there was ohio and florida, no official calls yet on either state, but a senior administration official tells me they are very comfortable with what they see there. in fact, this official saying that both are won. that is the trump campaign feels they're going to win ohio and

florida tonight based on what they're seeing so far. meanwhile, take a look in georgia. some news there out of fulton county that's the most populous county in the state of georgia. that's atlanta you might have heard about this earlier in the day there was a water leak this morning at state farm arena in fulton county affecting one of the rooms where they were tabulating the absentee barls. they say there was some delay in tabulating the absentee ballots. no ballots were damaged and they say fulton county will report results for 80,000 absentee ballots tonight as well as election day and early voting results. as planned, fulton county says they will continue to tabulate the remainder of absentee ballots over the next two days they say they never anticipated having all the absentee ballots processed on election day. so, a little bit of of a hiccup there in atlanta, georgia. but according to officials, the good news there is that no ballots were damaged by that

leak all those votes, they say, will count. >> we've just gotten word from pennsylvania election officials that they're about to hold a news conference here in the next few minutes to give us an idea of specifically what's going on in pennsylvania. we know that they have intentionally made the rules such that they couldn't count the early voting prior to today. so, now we know we're likely going to have to wait. but what other details they have, i'm in the dark on that. are you? >> yeah, i'm also in the dark on that, shep i can tell you that senior administration official i was talking to told me over at the white house their eyes are turning to pennsylvania because that's going to be, they think, the big difference-maker it's not clear where that will go pennsylvania, my home state, i'm from philadelphia, and that's where joe biden spent so much time campaigning, trying to run up the score in philadelphia, hoping that that could -- he could get a tally there that would outweigh some of the more rural areas, more pro-tump areas of the state the big question is the collar

counties around philadelphia, how would they go and what kind of a suburban vote would joe biden be able to get now we'll hear from officials in pennsylvania about what's going on in there terms of how long they think it's going to take them to count. as the night unfolds here, it's looking more and more like pennsylvania is going to play an absolutely key role and how long pennsylvania takes to counted, you never know it could be how long the nation takes to find out who the next president is. >> it's a good question. it's governor tom wolf the democrat of pennsylvania who is holding this news conference. i also have from steve kornacki, excuse me, that the -- that president trump is meeting or exceeding his 2016 numbers in rural pennsylvania that was a key for him and that would be balanced on the other side by the suburban and urban votes for vice president biden. >> yeah, absolutely. the same way that biden wants to run up the score in philadelphia, trump wants to run up the score in those rural

counties in pennsylvania as you talk about it, it seems like that's what they're doing so, a fascinating dynamic in pennsylvania playing out tonight. of course, with this late call in terms of counting early votes late, this could be days now before we know the result. you can imagine the magnitude of attention that is going to be honed in on pennsylvania and all those officials counting the votes over the coming days if that's the last state hanging in the balance. we're not there yet because there's still a number of states in play over the course of the night. we're not saying tore sure it's going to be a multi-day affair, but if it is, the entire global media is going to descend on the state of pennsylvania. >> i fully very vividly now suddenly remember tallahassee in the year 2000. >> that's right. >> as much as i love tallahassee, whoa. let's get back to the balance of power in congress. thanks very much including lindsey graham holding yoen to his seat in south carolina

ylan is with us again. >> the south carolina race was the second most expensive senate race in the country. the democratic challenger, jaime harrison, had raked in record amounts of cash. however, lindsey graham has said all the liberal money in the world cannot change who we are and voters are apparently deciding he is right lindsey graham has embraced president trump's agenda, whether it's on supreme court, whether it's on big tech, whether it's on impeachment and vindicating him on that front. lindsey graham now projected to be the winner in south carolina. really a vindication for someone who has been a long-time veteran of south carolina politics republicans sure to breathe a sigh of relief in that race. also important, now nbc news is projecting that incumbent senator kelley loeffler will be heading into that special election runoff in georgia against raphael warnock. that was a bitter fight.

doug collins and kelley loeffler collins has now congratulated loeffler on making that runoff he says he has -- he has her -- she has his full support and endorsement. republicans are going to be coming together. so, that is a sign that this balance of power, the critical control of the senate, could be dragged out all the way into january, shep. >> ylan, thanks. polls in arizona close 9:00 eastern time, more than two hours ago. 11 electoral votes up for grabs. here's where things stand at the moment joe biden with a lead of about 200,000 votes with about 75% of them all in. but we don't know which ones are in jane wells is in phoenix, maricopa county. >> reporter: i'm outside the elections office here. this is the largest county, the overwhelming majority of arizona voters live in this county we just saw some international monitors go in to watch what's going on here.

you saw the numbers as a state of as a whole. in mayor copy that county, biden has a nine-point lead over trump but mark kelly has a ten-point lead over martha mcsally there's the potential that some people were voting for donald trump as president and mark kelly, democrat, for senate. one reason they haven't called the state is there was a huge turnout of in-person voting today despite the fact that the majority of ballots were cast. most of the people voting today is believed to be republican but an estimated 40% of those voting in person are independents and we'll see have to see which way they break they have traditionally broken right in arizona finally, there are two propositions on the ballot which are currently winning, which tell you a lot about where the country is going one legalizes recreational marijuana in arizona just like

never fle nevada, colorado and california. the other would raise the highest tax bracket here considerably to 8% to fund education for people making at least $250,000 a year. arizona's traditionally by seen as a tax haven this would change it currently the lead on that proposition is tightening a bit. back to you. >> jane wells in maricopa county kayla, scott, john >> we'll see you in a little bit. joining us to talk about the latest results and what it all means for business, former council of economic advisers chairman under president obama and informal adviser to the biden campaign, austan goolsbee, former vice president of the fact that the futures are basically near the highs of the session as the president has strengthened his position many thought he was in earlier today, what do you make of that

>> well, when they thought joe biden was going to win, the market went up if they think donald trump is going to win, the market went up it feels like the market wants to go up i'm a little nervous that in the past when we've had uncertainty. like if you look at the 2000 period when we went for weeks without knowing who the president was going to be, that didn't take place in middle of an economic or health crisis i'm a little nervous that if we really get into anextended legal battle type scenario that it might not be great for the market because there would be that cloud kind of hanging over of, well, what's going to happen and what's going to be the policy >> jeb, we know that precincts in minnesota and pennsylvania are segregating ballots that come in past a certain point in time just in case there is a legal challenge about counting votes later in the game. what do you think happens over the next coming days as we wait for some of these results to

come in? >> well, number one, i think you're going to be looking at volatility in the markets regardless sooner or later it will sort itself out i will not be surprised if it takes days if potentially even weeks to get this settled. i mean, we have so many states have had no history with mass mail-in balloting. we had, i think, maybe 200-plus lawsuits prior to the election dealing with the interpretation of state laws. so now, you know, we're hearing pennsylvania may not be known for days clearly, the closer the election, the more volatility. but when trump was elected four years ago, we had the market drop within a matter of hours to days it came back so, again, i think you kind of have to strap yourself in for the roller coaster ride. >> what happens to the case for stimulus in the coming months?

i know mitch mcconnell has said, don't expect anything to happen until next year, but regardless of the way things turn out, looks like not tonight, but this week when we have maybe some more clarity on who's won for various positions, how important is that stimulus versus just overall policy for areas like small business >> well, i think in reality, like for the economy, i think that stimulus is quite important. i don't call it stimulus i think more of it like rescue and relief money it's not traditional jump start the economy kind of money. it's just try to prevent millions of businesses from liquidating. i think if donald trump were to prevail and be re-elected and the democrats did not take the senate, i think the president would probably try to usher in through the the lame duck some form of tax cut or other stimulus if joe biden were to prevail and

there's a changing of the guard in the senate as well as the democrats keeping the house, i feel like mitch mcconnell kind of transmitted he's going to block things until it would be next year. i think there would be probably a delay on that. >> do you think, jeb, there has been any sort of material impact on the election because there was not stimulus passed beforehand many republicans in congress had said that unless it was passed in august or september and it landed in voters' bank accounts with enough time for them to cast some of these early votes, then it wouldn't have mattered what's your view on that >> speaking politically and not economically, the president still had very strong popularity rating on the economy. it's the issue cluster he has done the best on voters who name that as their number one issue, they are still favoring the president again, we look at it from an economic standpoint and from a

political standpoint i think a lot of voters kind of saw it as politics as usual. they saw the negotiations going on republicans had something they could vote on, that they could take back to their voters. democrats had something that they voted on. they could take back to their voters but i tell you what, once this election is settled, there is going to be some type of -- and i agree with austan. ip view it more as a recovery package than a stimulus package. as far as its size and composition, that's obviously going to change with the election if there's a blue sweep t could be that the democrats decide to wait until january you'd probably end up with a bigger package but you might end up with a slower package we also know there was some low-hanging fruit that had speaker pelosi one or two accepted from the republicans, she could have that's a possibility of getting some of that done in a lame duck session, which i think could at

least serve as a bridge to a larger package once the new congress and the new president is sworn in. >> finally quickly, jeb, since you formerly represented the great state of texas, as we await results coming in from the second biggest electoral prize in the country, president trump is ahead there what sort of reckoning is happening in the state that gave democrats the view that they had it in there, that there might have been some sort of demographic or seminal shift there in that state? >> well, i think to some extent it's what you see nationwide our suburbs are growing. i'm speaking to you from dallas tonight. and there were congressional seats, colleagues of mine who would traditionally win by 15 points who now either lost or barely hanging onto their seat it's not just in texas nationwide for a number of reasons, and i'm sure have been discussed on your program, the president has lost a lot of the

suburbs, and i know from experience that in a presidential election cycle, your fortunes are greatly tied to the top of the ticket so, that's part of it. and then it's kind of counterintuitive, but you have people leaving illinois, new york and california because of, among other things, what they view as onerous provisions aimed at businesses but some of them bring their voting proclivities with them. last but not least, millenials, gen xers, not dissimilar from other parts of the nation. so the republicans will have their work in order to speak to this generation of voters. that's what you're seeing. at the end of the day, texas is going to stay red for at least now. >> we'll see you again later in the hour let's send it over to scott wapner with another big interview. >> for more on all the results and the impact on the big community, let's bring in nelson

peltz joining us by phone. welcome. >> thanks, scott how are you? >> doing well. thank you. happy to have your voice with us tonight. when we last spoke months ago, you told me you were supporting president trump. did that remain the case tonight? >> absolutely. the pollsters look like they're wrong again, scott if they are, they better seek new employment after this one. >> why was trump your man again? >> well, you know, it's not again. he's been my man through the last four years because he's done amazing things for the economy, amazing things. he's done, in terms of trade, i couldn't agree more with him and he's done things whether we had republican or democrat administrations. he did what needed to be done. he started to protect america for the first time in 40 or 50 years. we've given away tens of

millions of jobs over that period of time to his credit, he's bringing them back. this is not a right or a left issue. this is what's good for america. >> you know, it's interesting. we've had this conversation before about bringing manufacturing jobs back to the united states, as you say, president trump has done what do you say to those who say, nelson, globalization that the globalization gene any is out of the bottle, if you will, and there's no bringing it back. some of the promises that were made about manufacturing jobs coming back to this country, whether it's in different industries, steel and otherwise, are just not coming back >> you know, you can -- there are lots of different kinds of jobs i mean, one job, you can work in the steel mill, another job you can sit behind the computer. there are lots of different jobs but the fact is, globalization is absolutely here that doesn't mean we have to

export jobs. i don't think they're mutually exclusive. i think we can enjoy globalization as americans, but we learn through this past pandemic and we learn that we are better off if we are going to import things, let's import them from mexico and canada and not ship them across the pacific or the atlantic. we learned that very early this year, whether it was face masks or gloves or all the other stuff. and the fact is, let's make it here we can make it here. and that's why trump didn't go along with the paris accord. another way to make us less competitive. try and buy a chevy in berlin versus a volkswagen here in boston the tariffs are tremendously different. there's no reason for that >> it's so interesting look, you're a ceo

the president's message, obviously resonates with his base and maybe tonight will bear out that it resonates far beyond his base when we ultimately get the results. but i look at some articles that say a financial times piece in front of me that says trump's corporate trouble. ceos keep their distance from the party of business. what is that about how is our ceo president not closer in support, perhaps, with some of the other ceos out there? there was a yale survey, jeff sonnenfe sonnenfeld, 77% said they would vote for biden why? >> scott, anything sonnenfeld has ever said, i disagree with so, he and i have issues going way back so, don't quote me sonnenfeld. the fact is that there are things that people say and there are things that people believe and i think ceos look upon

themselves generally speaking as public figures and they don't want to be seen to be partial to trump. but let me tell you something, when they went in that voting booth, in my opinion, they pulled the lever for trump it was good for taxes. it was good for their business frankly, it's good for america i mean, this country was founded almost 250 years ago and one of the things it was founded on was freedoms and capitalism and all this other stuff. and it's not -- i'm not a republican and i'm not a democrat but i am a capitalist and i do believe in freedom the fact is that what biden and his group stands for, it's not anything america has stood for that we fought all the wars for, that we fought for our freedom for. the right to do our best and earn a living through our hard

work that's what this place stands for. >> i want you to leave us by answering this question. regardless of what happens tonight, nelson, we're going to emerge from this election as we entered it a deeply divided country so, where do we go from here over the next years that are in front of us? >> scott, you're 100% right. what we've got to do no matter who gets elected, and clearly i hope it's trump, but whoever gets elected has got to figure out a way to bring us together again. you know, when i was younger, you had center right and center left, and that was the extent of our elected officials in d.c today you don't find any centrists anywhere you're talking to one, and to the democrats i look like genghis khan, but we have -- whoever gets elected has got to do that. that's got to be job one before

taxes, before anything else. is to make america one again and that's my message i leave with you tonight, scott. thanks for having me on. >> i'm going to squeeze one more in only because i can. when i -- you told me months ago when the market was feeling pretty miserable that stocks were going to rally, that everything was going to be okay. what do you think for the markets now given the remarkable comeback that we've had? >> well, if you look at the market today and you look at what the dow is projecting for tomorrow, they're telling you trump is going to win, right i mean, today was a shocker to me when the market was up so much and here we are looking at a dow a little while ago, up 2% for tomorrow the market is telling you that trump is going to win. trump is good for business business is good for america and that doesn't mean we're

perfect. we have a lot of things we have to fix in this country >> yep. >> let's not turn it upside down. >> nelson, i appreciate your time so very much. thank you. we'll talk to you soon. >> you got it. good night, scott. >> that's nelson peltz, good night to you >> thanks very much. a lot is coming up here. after the break, we'll get you up to speed on the electoral map as it stands right now plus, we'll head to the battleground states of florida and wisconsin. the president leading in florida now with 94% of it all in. cnbc's election night coverage continues after a quick break. dolph lundgren, you've got a one-sixty i.q.,

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your money, your vote 2020 fast approaching the bottom of the hour i'm shepherd smith at cnbc global headquarters on election night in america let's take a look at some of the big states that we're watching closely here georgia's 16 electoral votes still up for grabs

67% of all votes in. the president with a considerable lead of about 338,000. but it's still too early to call in the state of georgia. we told you that a final result in georgia may be delayed. that's because of what's happened in fulton county. they've stopped counting mail-in ballots and they now say they'll start counting them again tomorrow think of what that means the mail-in ballots skewed largely democratic, we were told fulton county skews largely democratic when fulton county starts up tomorrow, georgia's most popular county, it includes most of atlanta, well, that could be a telltale in georgia whether president trump is able to make any in-roads in georgia, way too early to call. florida too close to call. president trump leading there, 94% of the vote in when the nbc decision team

believes they have enough data to decide exactly who's won florida, they will so far, too close to call in the state of florida in arizona, take a look at arizona now. 11 electoral votes you see the one area that's still outstanding. 75% of the vote in and vice president biden has opened up a considerable lead. on arizona, think of this, if vice president biden wins arizona and then as expected picks up wisconsin and michigan, though those haven't been called, and then wins nebraska's second district, that's 270 electoral votes. a win in arizona for joe biden would be a considerable milestone. still too early to call in nbc's decision desk estimation in north carolina, also still too close to call in north carolina 95% of all votes in. president trump with a

76,000-vote lead out of more than, what is it, 5.4 million votes that are in. still waiting. keep in mind at this point in 2016, the president had won north carolina in the state of texas, still officially too early to call 85% of all the votes are in. president trump with 500,000 million lead there you see the white specks all over the state those are the counties yet to report too early to call in the state of texas then, of course, there's pennsylvania it's too early to call me thinks were you to tune in at this time tomorrow, the orchestra would still be saying and not playing and i'd still be saying, too early to call. that would be wednesday and again on thursday. maybe friday we shall see keeping an eye on erie county in pennsylvania, a bellwether there, it went for president trump back in 2016 the president leading there.

remember, this is primarily today's vote mail-in votes are still getting added in here. so, here's what the hunt for 270 looks like across the united states vice president biden with 192 electoral votes. president trump with 114 electoral votes. both still have a path to 270 and a lot can happen but there is emphasis now on the midwest that's growing by the hour let's go to the biden campaign in wilmington, delaware. diana olick is there for us. >> reporter: you talk about the midwest. it was interesting what eamon javers told you, that the trump campaign was feeling good about ohio, which is still too early to call. the biden campaign apparently is feeling the same way saying that this is their blue wall path through the midwest to the presidency that's where the biden campaign had been focusing so much of its attention in the last four days. biden made strong in-roads in

delaware county, ohio, which mitch romney and trump won by double digits. now biden focused his campaign efforts on friday in wisconsin and minnesota. on saturday in michigan. sunday and monday in pennsylvania and ohio. really focusing on that blue wall path through the midwest. now, as you can see behind me, you're starting to see the cars come into the parking lot at the chase center in will mention ton. joe biden is at home with his family watching the results come in the plan originally was that they had invited supporters, 300 cars filled with biden supporters, to come here to the chase center you can see the stage far off behind me. that is where he would speak to his supporters now, we were told they would make the call two hours before he was going to come out and speak. we got no official word that he made that call, but as you can see, the parking lot is slowly filling up we're expecting something some time soon from him still no word yet, though. >> thanks so much.

we'll be back. polls have been closed in the key swing state of florida for more than three hours. here's where things stand in florida now. it's a donald trump lead, but according to the nbc news decision desk, still too close to call with 94% in. contessa brewer has had great details for us out of palm beach county let's go back to her >> reporter: hi there, shep. good to see you. the ballots are still being sorted here in palm beach county 1,700 mail-in ballots collected from the local post offices just before 7:00 p.m. in palm beach county, you can see now they're comparing notes here this is democracy in action. democracy at work. you can watch it biden leads trump by some 100,000 votes in this county, but typically this is a blue county in florida, joe biden outspent donald trump donald trump outrallied biden. and he made real in-roads in democratic strongholds he cut into biden's lead in some of the most populous counties,

made a serious impact in miami-dade i want to show you some video. this is tonight recorded just a short time ago in little havana where so many cuban-americans reside here you see them celebrating president trump. this is a county that hillary clinton handily won, though she lost florida in 2016 in 2020 biden keeps that lead, donald trump did peel off some serious support there. shep, i just wanted to mention, that was his goal throughout florida. he rallied, he campaigned, he characterized the race not as republican versus democrat but as america against socialism clearly, that resonated among some also the money matters people move here because it's a low tax state. some palm beach residents told me they worried about biden's tax plan and what it means for their personal finances. so, keeping an eye on these returns coming in and what's moving the vote. >> contessa, thanks so much. so many things to consider

there. the same in the state of wisconsin. polls closed in wisconsin 9:00 eastern time ten electoral votes up for grabs. our phil lebeau is on the ground in milwaukee phil, what are you seeing and hearing? >> reporter: we're at the central county count facility for milwaukee. what you're looking at here, there's still people working through the early and absentee ballots. this state is still too early to call a couple of things to keep in mind, and there's some good news for both the republicans and democrats when you look at what's happening in wisconsin. first of all, likely a statewide record turnout in terms of votes cast strong turnout out in brown county, which is up by green bay. that could be good news for donald trump and the republicans. joe biden and the democrats are looking at huge numbers coming in from dane county. that's where madison is, the state capital. and yet milwaukee is going to be the key. the results will not be known until tomorrow morning, 5:00 a.m. is likely when we'll get the results from milwaukee

that's why when you look at the states at play survey on who would do better handling the coronavirus, as it has raged here, you have to wonder how many voters ultimately said, you know what, i'm concerned about coronavirus and that was the final reason they cast a vote either for joe biden or for donald trump again, 5:00 a.m. tomorrow morning is when we get milwaukee's numbers. and that's probably when we'll get a better sense of what happens here in wisconsin. >> 5:00 a.m. is when "squawk box" begins and they'll likely begin with that and you, phil. have a great night of no sleep good to see you. turning to larry, director of the uva center for politics and live with us from there. i don't know about you, i'm kind of watching closely in arizona if we put that board up. vice president biden has a pretty big lead there. we did a little math if he were to win arizona, then you pick up michigan and wisconsin as expected and add in nebraska's second, that's 270.

>> yes but he has to get nebraska's second, for example. >> that's a lot. >> if, if, if. this so far has not been an election night where if, if, if has worked so, i think i'll wait for the votes. you're right, that would be the sequence of events of course, he might win pennsylvania, but we all know that's going to be stretched out probably court fights, maybe a fight with the legislature, republican legislature, that may try to endorse aparticular electoral college slate. arizona is probably biden's best piece of good news on the map right now. and there are some who are already saying mark kelly has already won the senate seat, the democrat in arizona. that could end up being what saves joe biden if, if, if, if, if i can repeat your ifs, if all those other things happen. >> you look at it, there is a world that when it becomes

clear, president trump has won the white house again, the democrats regain control of the senate and the republicans have the house, just like right now and there's another one where it's a whole blue wave >> yeah, you can imagine all kinds of things. in fact, you'd be right to do so all these possibilities are out there. they're live it's like three or four parallel universes merged tonight and different things are happening that were completely unexpected in each sector of american elective office. that was confusing, but -- >> i talked to republicans and democrats who work hard and know a lot about florida politics who are near the tops of the food chain in the get out the vote and they watch the polls down there both sides earlier in the day thought they were up by a couple of points in the state of florida. it's still really close. i still don't understand polling very well. it doesn't steam to work very well. >> well, it certainly doesn't in florida. and depending on the eventual

results in these other states, it didn't work very well in a lot of them either so, you know, the pollsters, god love them, maybe there were some whose polls work correctly we'll have to go through it poll by poll and be fair about it boy, there are pollsters who really ought to go bankrupt. i mean that. bye-bye. >> well, it's been a couple of cycles of, we didn't do something right or we didn't do enough or this, that and the other thing. i guess we wait for the votes to come in and between now and then, take a nap. >> at least one. >> it's great to talk to you again. there's news out of pennsylvania bucks county, pennsylvania frank holland is on the ground there. we've been hearing the governor's office was going to make some sort of announcement. >> reporter: the governor's announcement -- i'm sorry, holding a press conference a short time ago mostly updating people on the state's election results and also getting more insight on all those mail-in ballots that have been a key story line here in

the state will be handled. we have a look at some of the early results here in pennsylvania remember, these are early results. so far from pennsylvania, joe biden with an early lead in the state of pennsylvania. those state results, again, differing a bit here from what you're seeing here according to the state, joe biden also has a large number of mail-in ballots compared to president trump, nearly four times as much. however, the president here in the state of pennsylvania has twice as many in-person voting votes. those where people go to polling centers and actually vote at a voting machine again, a big story line here are those mail-in ballots. a short time ago, state officials updated people on how the majority of counties will handle the mail-in ballots they have currently as well as the mail-in ballots that will be coming in up until friday. >> they're segregating those results. they'll be segregated. they're going to do the first round first and then immediately start with the second round as soon as they -- as soon as --

after -- following that. so, let's see how long the first round takes. >> reporter: that's one of the big questions, how long will that first round take? many states got brand-new voting machines for the primaries and that took a month for all of them to count the votes from the primary. this is a presidential election. a lot more ballots to be counted. >> thanks so much. frank holland with us from pennsylvania all of this is just setting the markets up and down from what we're seeing over here kayla touche, scott wapner. >> i keep thinking about the comment you made with larry, if, if, if if the market came in tonight thinking there were no ifs, it was when. >> the markets said biden, right? >> and the pollsters did, too. now, as you discussed with larry, there is still a road for that to happen it's still early nbc news is yet to call a lot of important states

we're going to see about all of that one person thinking alot about the market and what this election means to your money is jim, the billionaire investor. welcome, good to see you. >> hi, scott how areyou >> i'm fine, thanks. you are a fund-raiser for vice president biden. >> i am. >> this thing a little more of a nail-biter than you expected >> well, i think that right now, unless i missed something, i think the only state that's sort of been changed is arizona is that correct? >> nbc news has yet to call that we're still waiting to see but, if you believed the polls going in and you believed the markets going in, jim, as you look at both, i know, maybe you didn't think it would be this close at this point even >> well, the betting markets had a blue wave at about 50% when they have biden at 65. so -- and the betting markets were, of course, a lot lower

than the polls neither of them appear to be putting themselves in great glory, as your previous guest said so blue wave was probably a hope for the democrats, myself included but, you know, i think that we are probably going to have a divided government, which is the most likely outcome. we already have probably -- i think nbc has called the house for the democrats, or a couple of networks have so, we have that still in place. whether the senate goes or not, we'll have to see. of course, you know, the midwest is going to be counting votes until when, next month >> we don't know on that note, too, you know, wisconsin is your home state what are you feeling about is wisconsin tonight based on the people you've been talking to back there i know you still have a lot of family there and just how you see this unfolding >> i think it's going to be really close i mean, i think that -- i think

that probably whoever wins it wins it by one or two points and some of the early indications were that ohio was looking good for the midwest but that seems to have reverted back i don't know where it is now i don't have a screen up i know it was back up of trump plus seven last time i saw i think he won it by eight in 2016 we're going to have to see it really is going to come down to how fast are the mail-in ballots and absentee ballots counted. then, fkts, are they going to be challenged >> if the vice president were to win, jim, how would that agenda be good for business higher taxes, especially during a pandemic, raising the corporate rate, which would certainly cut into corporate profits. how do you sell that as good for the economy? >> well, i don't have to sell it the markets seem pretty excited about that, up until about 7:00

tonight, right up until now, the idea that greater stimulus would happen, an infrastructure plan would happen were seen as bullish by the markets. i think as i indicated before, we're not going to have to worry about that because i suspect one way, shape, form or the other, we'll probably have one of the houses possibly not be unified so -- but i think that biden's tax plan, as you know, is focused on earners earning over $400,000 i think that taxes going up from 21% to 28% with a minimum for corporations is still well below where it was four years ago. and i think that certainly the added stimulus was something the markets were looking forward to. now we'll have to see. we'll have to see if, in fact, we have a split government, what

the policy looks like. will gridlock be seen as bullish as it has in the past or will it be seen as bearish i have no idea >> you don't have any idea as to which way you'd be placing your bets for those who don't know and may not be stock market regulars, jim, you make your living and you've made your name, if you will, betting against the performance of certain stocks and maybe the market at certain times as well. i'm wondering just how that factors in the way you see the world emerging from this >> i'm going to be short pollsters starting tomorrow morning, i think but i think that -- look, i think we have a couple of big things that are going to be happening to the markets they're going to just sort of amplify the political differences we have. let's not forget we have the supreme court going to decide the fate of obamacare next week. health care is 20% of our economy. we have an ongoing bust in the

commercial real estate markets, which i think is not being paid enough attention to because of what happens with covid and ongoing issues with work at home and the hallowing out of retail. that's something we're quite concerned about. i think that will be a problem month matter who's in office but as to, you know, what else is going to happen, i mean, i remember the early takes, as you do, in 2016 that were dead wrong. even the worst takes in '08 when people thought that obama and biden would -- would lead to absolutely smoking ruins in wall street, and we embarked on a pretty good eight-year bull market so, early takes are tough. we'll have to see. >> we learned our lesson, for sure, with that. jim, thank you it's nice to see you we'll talk to you again soon. >> scott, thank you.

good night >> be well kayla? scott futures have been volatile all night long. let's go to dom chu for take closer look behind the scenes. >> echoing with jim just mentioned about the early takes being a little tough to read through. at one point if you look at the futures picture for the dow jones, we're up about 39 points. at the highs of the session we were up roughly 299 points for the dow jones future we were as low as down about 400 plus points. you can see right next to that break-even point yet again just to give you an idea of how much the real-time handicapping of this particular election is going on in the stock market right now, given some of the headlines we're seeing out of these very, very hot and contested senate races and, of course, the presidential race as well i also want to point out, if you look at the nasdaq futures, the nasdaq futures have been fairly solidly positive all session long as you can see, very few specks in the red at the highs of the session, we did trigger a volatility trading

halt that's just market jargon for saying that the stock market for the nasdaq futures went up so quickly, so far, so far to the upside, that they had to stop trading for a couple of minutes to let things calm down. we measured out there. ten-year note yield, watch those. interest rates reacting as well. at the point we were at the highs, probably 94, 95.4%. lowest point, 79.7%. near the lows of the session, john back over to you. >> thank you, dom. joining us once again, austan goolsbee, forminger counselor adviser chairman under president obama and informal adviser to the biden campaign, and jeff hensarling, chairman of ubs americas good to see you guys back. jeb, i want to ask you about implications beyond now. whatever the results are we don't know. it looks like we're not going to know tonight particularly when it comes to state and local governments that

have been having such a difficult time budgetarily through this pandemic, it looks like they're going to have to do potentially major cuts, particularly unless the federal government gives stimulus help to them specifically republicans seem hesitant to do that what do you think happens? >> again, as you've heard a thousand times tonight, it's still too early to say certainly one of the major bones of contention is they were trying to negotiate this last recovery package was republicans felt strongly that a lot of this money was geared towards saving blue states that had committed fiscal irresponsibility prior to covid. that was their view. in addition, they looked at some of the money that was already in the pipeline they wanted to see more. frankly, some are starting to hit sort of a gag reflex on the national debt.

so i would say once again that if there is a blue sweep, and i must admit that a number of these states are a little bit more closer than i thought, maybe democrats thought they had a chance at taking out either senator graham in south carolina, senator cornyn in texas, we know those races have been called for the republicans. so, it could be that that blue sweep doesn't materialize in which case the 2 or $2.5 trillion package that might have a trillion or more for states and localities, that might not materialize. >> might not austan, weigh in on that we don't know the result, probably won't know any time soon, but this is an important issue for cities and states. >> look, i agree with that we took the blue sweep, more of the blue dust buster at this point, and if the republicans were to retain the senate, i

think jeb is right you would likely see a totally different composition of what the rescue would be. i don't think when we're out of the political sphere, i actually think this is an area that democrats and republicans would probably end up being able to agree on because the red states as well as the blue states are in tough spots and as long as you tied the money to the previous pension obligations, if you just tied the amount of relief to what's your population or how many cases you had, i don't think it would -- i don't think it would give as much indigestion to the republicans. >> but certainly the calculus, perhaps, different for somebody looking at the polls but who trusts those you might end up with a blue wave. >> that's clearly fair if you look in ohio, the polling average was biden was ahead by

one point or around even it looks like he's losing the state by eight points. in florida something similar so, the polling -- some of those guys are going to be looking for a new job. i mean, that's all there is to it >> and they better not be looking to work for state and local government we'll see how that turns out, guys thank you for joining us shep, we don't know, not going to know a lot for a while. there are certain issues, economic issues hanging in the balance here state and local government ability to make their budgets, one of them. >> for sure. and a few states that could really chart the way states that we should learn something definitive about tonight. like florida and arizona if we get a little something out of nebraska, we might have a path just some sort of knowledge before we go to bed, you know? >> well, you know, we're watching the nbc decision desk to call these states

so far, not to toot our own horn, being printd as we should be you don't count the chickens before they hatch. you don't call the votes before they're counted. >> and you want to be right before you're soon they're waiting to get it right. good to see you guys thanks there's the big board. vice president biden with 192, president trump with 114 and counting on both sides polls will close in just a moment in hawaii plus, we'll get you caught up on the electoral map and the balance of power for the united states senate. a few states we're now watching. let's look at arizona. arizona, which is part of a path for vice president biden to the white house. right now, arizona is too early to call. we know about florida. florida, florida, florida, waiting to see what happens there. should a florida decision come, we'll break inright away it's election night in america on cnbc. (customer) hi?

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mittit's midnight on the ea coast. we have a projection to make nbc news projects president trump wins the state of ohio no republican has ever won the presidency without carrying ohio and the state swung hard to

president trump in 2016. it was very much a tossup throughout this campaign and now nbc news projects that ohio and its 18 electoral votes go to donald trump now, the overview here is ohio's nearly flawless record of choosing presidential candidates since the 1940s has made it one of the most cited battleground states in all the land democrats have worried its demographic shift and aging and whiter and more working class population could pull this state to the right we'll leave the reasons for th