Election Day Rally On Wall Street

Throughout the hour, Carl Quintanilla, Jim Cramer and David Faber discussed an Election Day surge for stocks, as investors bet on a presidential election victory for Joe Biden and Democratic control of both houses of Congress -- hoping such an outcome would make passage of a generous stimulus package more likely. As fort the rise in coronavirus, Carl, Jim and David reacted to former FDA Commissioner Dr. Scott Gottlieb telling CNBC he sees the death toll going "well above 1,000 for a sustained period of time." Also in focus: A big story out of China - The Shanghai and Hong Kong stock exchanges suspended Ant Group's record $34.5-billion IPO, one day after regulators met with Ant controlling shareholder and Alibaba founder Jack Ma. The anchors took a closer look at what this development means for the blockbuster IPO and U.S.-listed Chinese stocks such as Alibaba and JD.com.