SQUAWK BOX, MONDAY 9TH NOVEMBER, 2020

Joe Biden calls for unity during his first speech as president-elect. U.S. futures react positively as a result. President Trump, however, refuses to concede defeat and will challenge the legality of the election. Biden is reportedly planning to create a Covid-19 taskforce as infections across the U.S. hit new record daily levels. UK Prime Minister and the European Commission President Ursula Von Der Leyen have congratulated Biden on his victory but both Moscow and Beijing have not yet formally reacted.