Time now for a look back at this day in history. December 2nd, 2001. That was the day Enron Corp. filed for what at the time was the largest ever corporate bankruptcy. Now, it was a filing that came with a warning that a substantial number of Enron’s 21,000 employees would be out of a job as the company’s market value plummeted amid multiple investigations into allegations of accounting fraud.
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Nvidia’s artificial intelligence chips keep making their way to China despite US curbs. Government officials are asking why the company missed red flags, saying Washington’s export controls have spawned a sprawling shadow trade. The company hasn’t been accused of violating controls or willfully aiding smugglers, and said it abides by the rules. Bloomberg’s Edwin Chan reports.
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As of 9 pm ET, Donald Trump has the lead in electoral votes over Democrat Kamala Harris. But Harris just picked up New York. She’s also won in Massachusetts, NJ, Vermont, Illinois, and Maryland. Kailey Leinz reports.
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Bloomberg Television brings you the latest news and analysis leading up to the final minutes and seconds before and after the closing bell on Wall Street. Today’s guests are ………

Chapters:
00:00:00 – The Close Begins
00:02:06 – Chris Phelan CEA Chairman: Inflation coming down sufficiently fast
00:08:10 – Robert Reich, Former Labor Secretary Rob Reich on Sept. Jobs Report
00:18:43 – Alex Straton Morgan Stanley’s Nike Analyst on quarterly earnings
00:25:27 – Gary Marcus NYU’s Gary Marcus on AI development concerns
00:39:23 – Veronica Willis is an Investment Strategy Analyst
00:46:15 – The Closing Bell
01:00:09 – Cecilia Rouse Former CEA Chair on Jobs Report, GDP Growth
01:11:48 – Atsi Sheth, Moody’s Chief Credit Officer
01:23:04 – Brendan McKenna, Societe Generale Emerging Markets Strategist
01:31:47 – What to Watch
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Bloomberg Surveillance: Early Edition, live from London and New York. Francine Lacqua, Anna Edwards, Matt Miller, and Kailey Leinz deliver the latest news and analysis on the markets with leaders in global finance and economics. Kiran Ganesh, Multi-Asset Strategist at UBS Global Wealth Management, says he is not concerned about a U.S. recession. Adam Tooze, Columbia History Professor, says it’s difficult to see Russia renormalization.

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