Strong data on housing and jobs along with big beat for chicago pmi. Late breaking headlines regarding modernas vaccine. Off session highs but off the lows as we speak still wog up on the show. Coming up San Francisco fed president mary daly to talk about economic recovery, stimulus and jobs picture in america. Plus we will get a read on the consumer when we talk to the ceo of General Mills his first interview since reporting earnings last week. Cocacola entering Hard Seltzer Market with help from molson coors well talk to the ceo of molson coors exclusively about this partnership and more lets get to the big stories 59 minutes of trade. Mike santoli tracking Market Action as stocks look to close out september with a bang. Meg tirrell with headlines around moderna and leslie with the latest on palantirs review. The market, whats driving it . Sara, a lot of things blowing around in the market, quarter end, reaction to the debate, pretty good economic numbers but also in the context of a
Sparks fly in this video as sparks fly in this video as a vintage military plane lands on its belly in arizona. Officials say the planes landing gear failed. The pilot made a number of flybys to burn off fuel before landing. Both people on board were okay. Turning to the race for a vaccine against covid19 and another company tapping the brakes on one of its vaccine trials. Dr. Imran ali, good morning. Lets get to the race for the vaccine. Another big trial in the fight against covid19 is being put on hold. This time eli lilly has paused its trial of an antibody treatment due to safety concerns. What do we know and how much of a setback could this be . This new drug, which was designed to actually attach to the spiked proteins of the virus is supposed to prevent the virus from getting into the cells. This is very similar to the antibody treatment that President Trump received from regeneron. Now, the trial that is halted is when the drug, the antibodies are used with the antiviral drug
Announcements . Clerk [inaudible] and the board, the board of supervisors legislative chamber and Committee Room are closed. However, members will be participating in the meeting remotely. This precaution is taken pursuant to the various local and state orders and committee directives. Public comment will be available on each item on this agenda. Both channel 26 and sfgtv. Org are streaming the number across the screen. Each speaker will be allowed two minutes to speak. Comments or opportunities to speak during the Public Comment are available via phone by call 4156550001. The meeting i. D. Is 1464087451. Press pound and pound again. When connected, you will hear the meeting discussions but muted and in listening mode only. When your item comes up, press star, three to be added to the speaker list. When prompted to speak, speak slowly and clearly and turn down your television or speakers. Or you may submit comments by email to me, erica. Major sf. Gov. I have interpreters ready to assi
Your money as you consider whether you should buy this stock as well. Ive got great guests today to go over 24 as welthis as well the Investment Committee is here as always. And were anticipating the ipo and jon fortts interview with Frank Slootman leslie picker is with us too and steve, you wanted an allocation and you didnt get it, but you why did you want a piece of this action well, i readprospectus, a strange thing to do for a great deal and the growth is phenomenal when they cite their retention rate, it is 158 which means that they are upselling, their accounts are taking on more are product. So i love the cloud. This is ai for the cloud it has a blue chip list of clients of accounts. So why wouldnt you want it. You dont find that growth anywhere and so everything checked on the box. So maybe if brad will give me some of his, well continue our friendship looking forward to that. And i have Pete Najarian who called in who is unhappy as well you wanted a piece of this too and you
Its been a wide range today. Former citigroup ceo sandy weill will join us to discuss the water shed moment at his former company which just became the first major u. S. Bank to appoint a female ceo plus, well speak with jason robins from draftkings ahead of tonights nfl kickoff. And we are counting you down to some exciting earnings after the bell today including peloton, oracle, and chewy. Two out of three are big stay at home winners plus an interview with chewys ceo as soon as the numbers hit the tape lets get straight to the market in the final hour of trade another volatile session on wall street mike santoli tracking the action for us what caused the weakness here in the last few momentors so . That morning rally was really limp it did not pass any of the tests. It stopped where yesterdays highs were nobody had any faith this was really going to be upside momentum then you had a rally in the treasury market. Yields got compressed a little bit. And the dollar is also been higher