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Oct. 19, 2020, 5:02 p.m. EDT

Trump rallies Arizona supporters as race with Biden tightens in battleground states

Former vice president tapes ‘60 Minutes’ interview

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By Robert Schroeder, MarketWatch

Getty Images
President Donald Trump returned to Arizona on Monday for two rallies, as Joe Biden narrowly leads him in that state.

President Donald Trump is headlining two rallies in Arizona on Monday, as polls show his race with Joe Biden tightening in key battleground states.

Trump rallied supporters in Prescott and was scheduled to head to Tucson, campaigning in Arizona after his COVID-19 diagnosis forced him to postpone a visit earlier this month. Biden has a narrow 3.1-percentage-point lead over Trump in the state, according to an average of polls from RealClearPolitics.

With 15 days to go until the election, Biden’s lead in top swing states including Arizona is shrinking. As of Monday, the former vice president had a 4.1-point lead over Trump, compared to a 4.9-point advantage a week ago. Biden’s lead in national polling and betting markets has shrunk as well, though he still maintains a comfortable edge over Trump in both metrics.

Data point
Polling avg. in top swing states Biden +4.1 as of Monday vs. Biden +4.9 a week ago
National polling avg. Biden +8.9 as of Monday vs. Biden +10.2 a week ago
Betting markets Biden 58.6%, Trump 41.8% as of Monday vs. Biden 66.6%, Trump 33.6% a week ago
S&P 500 -0.7% Monday, +5.5% in 1 month
CBOE Volatility Index +2.2% Monday, +0.9% in 1 month

Sources: RealClearPolitics, FactSet

Biden is taping an interview for CBS’s “60 Minutes” that is scheduled to air Sunday. An interview with Trump will air on the same program.

Both candidates are also preparing for their next and final debate, which is scheduled for Thursday in Nashville. Biden and Trump will meet for the first time since their raucous Sept. 29 debate, at which both men frequently talked over one another. Trump pulled out of an Oct. 15 debate after the organizers wanted a virtual event due to the president’s COVID diagnosis. Both Trump and Biden held town halls instead on the same evening.

On Monday, the Trump campaign protested the final debate’s topics , claiming that the issues set for it were different than those previously agreed on by the two campaigns.

Now read: Climate change and COVID-19 to feature in final debate between Trump and Biden — when and where to watch.

U.S. stocks /zigman2/quotes/210599714/realtime SPX +0.56%   dropped Monday afternoon, in a reversal of earlier gains, as analysts weighed the prospects of a stimulus package being finalized ahead of the Nov. 3 election.

+20.05 +0.56%
Volume: 2.51B
Nov. 23, 2020 5:02p

Robert Schroeder is the White House reporter for MarketWatch. Follow him on Twitter @mktwrobs.

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