Good morning, everyone. Welcome to the thursday exit a fifth meeting of the government audit and oversight committee. I am the chair of this committee im joined by supervisor aaron peskin and supervisor vallie brown who will be joining us shortly, and we are also joined by supervisor safai. Thank you to the committees clerk. I would also like to thank San Francisco government tv staff for staffing. Mr. Clerk, do you have any announcements . Thank you. Please ensure you have silenced yourself owns an electronic devices. Your completed speaker cards a copy of documents should be cemented to the clerk. Items acted upon today will appear on the september 19th, 2019, board of supervisors agenda unless otherwise stated. Thank you. Since item number one was sponsored by supervisor brown, along with supervisor safai, we will skip that one until she gets here. Lets move to item number two. Item number two is an ordinance amending the campaigning government conduct code to increase the matching
On this afternoon. In asia, the nikkei was down the hang seng was up 0. 23 for european markets, the dax is slightly lower you see slight gains for the cac, the ftse 100, stocks in italy and in spain look at the Treasury Department. The tenyear is yielding 2. 090 . We have a very busy day going on in the markets. From wall street to washington, lets get you through the squawk planner. On the earnings front, three big banks on the docket starting with jpmorgan that will come at about 6 45 a. M we have Goldman Sachs coming in with its earnings. Those should be announced around 7 30 wells fargo earnings should cross the tape at 8 00 a. M Johnson Johnson will also report at 6 50 a. M. Eastern time well bring you a first on cnbc interview with the cfo right after that report. On the data front, we will be getting june retail sales, import and export prices as well that all hits at 8 30 a. M. The other big event on the planner is big tech is back in washington today the house judiciary subco
Until the close, cnbc contributor stephanie link from tiaa a nuveen company. Welcome, stephanie thanks. Energy doesnt usually lead this market but is today on the oil bounce and questions about whether thats sustainable and given sort of the scale and increase in tensions whether the move is big enough to bring back the sector and commodity trade i dont know. I really dont because its been a tough industry for the whole year. For a whul of years now. So this is really more a supply issue concern. I think the Biggest Issue for oil are demand and the demand environment has been slowing and the revisions have been lower. So with that as a backdrop this might be just temporary. You would have thought oil would have been rallying much more than it did. I spoke as well about 20 minutes ago to one of the senior traders at one of the major investment banks and said was pleased to see the algos didnt disrupt the market when pompeo came out and clearly blamed iran on that. That could have been a
Look outside the usual suspects in the equity market why Morgan Stanley says Southeast Asia is the place to be. Later in the show. Record Box Office Weekend as barbenheimer exceeds all expectations monday, july 24th, 2023, youre watching Worldwide Exchange right here on cnbc monday morning welcome to Worldwide Exchange. Im frank holland. Thank you for starting your day with us. Lets kick off with the dow riding a 10day win streak thats the longest since 2017. Taking a look at futures in the green across the board the dow would open up 50 points higher as we always say, this is early. This is a busy week for wall street 40 of the dow, 30 of the s p 500 set to report. Were talking names like boeing, meta and microsoft we get a trifecta of Central Bank Decisions with the fed kicking off things wednesday before the ecb and bank of japan. They make their own decisions on rates. One week away from what could be the costliest labor strike in at least 100 years with ups and the teamster negoti
Look outside the usual suspects in the equity market why Morgan Stanley says Southeast Asia is the place to be. Later in the show. Record Box Office Weekend as barbenheimer exceeds all expectations monday, july 24th, 2023, youre watching Worldwide Exchange right here on cnbc monday morning welcome to Worldwide Exchange. Im frank holland. Thank you for starting your day with us. Lets kick off with the dow riding a 10day win streak thats the longest since 2017. Taking a look at futures in the green across the board the dow would open up 50 points higher as we always say, this is early. This is a busy week for wall street 40 of the dow, 30 of the s p 500 set to report. Were talking names like boeing, meta and microsoft we get a trifecta of Central Bank Decisions with the fed kicking off things wednesday before the ecb and bank of japan. They make their own decisions on rates. One week away from what could be the costliest labor strike in at least 100 years with ups and the teamster negoti