Still down. That is not eating into stocks. The reason why the tech heavy nasdaq is up higher is being helped out by the faang index. At this point the investors who have chosen to invest alongside the fed liquidity efforts and nuanced machinations. They are benefiting with stocks down just a little bit. Some of the stocks are helping out, the stayathome stocks, netflix reports tomorrow. Theyll be interesting to see whether the stayathome companies are benefiting from all of this. Some are making the point people might be at home, but if they are already a Netflix Subscriber it might not boost their numbers. David that is what i was going to ask. How much of this is an anticipation of some of the tech earnings . Abigail i do not they do it is in anticipating, i think it is the momentum for some of the stayathome stocks that they will benefit. One will be that the crisis will last much longer than expected and those stocks are up. Another idea could be the new normal is forever changed
Long under the bed but dream of mine a reality on land and on the water austrias tonsil brothers are left to find the worlds biggest swell systems are treated as others addicted. Street in minnies one platforms tricks cause. People to use a ox and scope out all the dead ringers on the album going to do this town hall. To stretch limo up the supra live kind of car sharing with the naive new readers. Would come together which is sort of. The individual car but 1st up are car lovers and europes best selling cars in the same place tesla is planning to build its new factory playbook for the cars. So you test it out once. And. The way that you go on this land that i did driving on a tree like crazy and i hope that the good guys would get it for me it would be really sad if in the family you know going green they call it a. You actually cut down your own review will be if we didnt get to the would god are pretty funny. When you suspect you meant reading. And theyre supposed to be ready its go
A slew of corporate earnings role in over the next few weeks. Ibm withdrawing its forecast. Have netflix for you tomorrow. Tech this morning buoying the markets. Is taylor riggs in new york, who has been following all of the back and forth. A wild day. Nasdaq up and down. Taylor firmly in the red on the closing bell. Nasdaq at one point in the green, then turning red solidly, off about 1 . What is going on in the oil markets. To goinute, i will try through some of the technicalities. It is the may contract up for expiration tomorrow. If you are a holder of the contract, tomorrow, you have to take delivery tomorrow. Thehad a massive selloff in may contract, at one point settling down at 37 per barrel as traders tried to unsettle may and roll that forward into the june and july contracts. A much better indicator of where oil is trading at the moment. A much better indicator but barrel. Ess 37 per it will be all about june and july going forward. Go tone contract could about demandl destr
U. S. Trading after west texas futures end in negative territory for the first time ever. Ups sees some light at the end of the virus tunnel. The ceo tells us ecommerce is almost thriving compared to traditional sectors. Lets take a look at the oil lets get to sophie kamaruddin, who is taking a look at highlights for us in hong kong. Sophie the relative resiliency of the markets we have seen of late have brought several benchmarks in the region of asia into bull market territory. That will be tested in the face of this oil rout. Futures. Eing mixed nikkei futures in chicago while kiwi stocks are extending mondays drop. Lets switch up the board to check in on signaling perhaps the recent optimism and equities may be unwarranted and this money, gold resuming losses but still closer to its high of the year than it slows that were hit in february and treasury futures are now unchanged after we saw the u. S. 10 year yield with alltime lows on monday and the dollar little changed as well wit
President yee good afternoon and welcome to the april 28th, 2020, regular meeting of the San Francisco board of supervisors. Madam clerk, please call the roll. President yee thank you, mr. President. Supervisor fewer, fewer, present. Supervisor haney. Supervisor haney . Okay. All right. Supervisor mandelman. Present. Clerk mandelman. Supervisor mar. Mar present. Supervisor peskin, peskin present. And supervisor preston. Preston, present. Supervisor ronen. Ronen, present. Supervisor safai. Safai present. Supervisor stefani. Stefani, present. Supervisor walton. Present. Can we confirm that it was peskin . Clerk im worried about him. Supervisor walton, walton present. Supervisor yee. Yee present. And supervisor haney, were you able to join us . Okay, haney not present. Can one of my staff check on him, please. Thank you. Mr. President , you have a quorum. President yee thank you. So somebody needs to cut their mike. Its sounding like theres a lot of bass clerk it sounds like supervisor pe