[inaudible conversations] the committee on Health Education and labor and pensions will come to order. Senator murray has an important meeting right now and she is asked me too proceed with the hearing because we have six excellent witnesses and we want to make sure we hear from each of you and we want the senators to has questions of each of you. So patty should arrive at about ten. When she comes we will interrupt and let her make her Opening Statement and we will resume the hearing. Good morning senator murphy. Nearly a year ago doctor brent james from the National Academy testify before Senate Health committee with a startling statistic up to one half of the American People spend on healthcare may be unnecessary. Let me repeat that, up to half of the 3. 5 trillion, the United States collectively spent on healthcare in 2017 was unnecessary according to doctor james and many of the other witnesses at our hearings agreed with that. That is 1. 8 trillion, three times as much as we spen
Healthcare and ill legal illeg. Raise your hand if your government plan would provide coverage for undocumented immigrants. [ cheering and applause ] maria there you go. Weve got highlights, the low lights and President Trumps reaction as well. Markets this morning look like this. Futures pointing toward a higher opening this morning, dow futures up 86 points right now, a third of a percent, s p futures up 7, and the nasdaq futures higher by 11. Yesterday the s p closed higher with snapping a four day losing streak. The s p and the nasdaq were higher but the dow was down 10 points at the close yesterday. Nasdaq up a 57 points at 4 00 on wall street. For the month of june, the markets are all sharply higher. The dow on pace for the best june since 1938. Actually as the president told us just the other day. European indices look like this, take a look at the gains across the board, fq100 up 19, cac up 12, dax up 52. In asia overnight, markets were down as investors away President Trumps
Biggest weekly gain since 2016 as the u. S. Prevents new sanctions on iran. The lira rallies after the opposition candidate wins a repeat of the istanbul mayoral election. Be for a blow could this erdogan . Ride for daimlers new ceo as the group issues its third profit warning in a year. Good morning. Matt im looking at bitcoin as well, climbing up at one point over 11,000. You can see we are trading for 10,733. The question is, if this all due to Facebooks Libra . We did see a rally before that. 10,000 tohed past 11,000. Futures rise. German futures were down this. Orning a little bit earlier then we got an announcement about lufthansa causing changing its dividend payout. 0. 1 . In is less than a little stronger, but not much on cac and ftse futures. We are just treading water this morning. What do you see on the gmm . The a bit of trading in asian session, you wonder how long that will continue. Weve got the trade conversation toward the end of the week in the g20. Even if expectati
Works. All three indexes closing at Record Numbers. The dow rose 176 points to 26,966. The nasdaq climbed 61 and the aip 500 added 22. The third st record close. See seema modi has more. Reporter the markets are still going full steam. The s p 500 managed to close up record highs for the third day in a row. T and dow dodging itself first record close since october. Tech and Consumer Discretionary thoughts continue to be the years best gainers. Deals are hovering near threeyear lows andness that boosting real estate, utilities, and consumer staples. What is powering the rally . The trade tensions and Interest Rate cut this month. The market is geari up for a big rate cut and the Federal Reserve will react to a slew of weaker economic data. Now beyd the headlines, market internals are still looking strong. A thoughts near new highs and more stocks are advancing every day than are declining. As long as it holds off, t rally may not be derailed any time soon. Thnew highs of the s p 500 is
Companies. 24 hours later, test drivers were still getting in their cars collecting data. Cruise was doing the same. Here we are after the cpuc vote. We noticed the floodgates have not really opened. I have seen the same number of Autonomous Vehicles on the streets of San Francisco. On the cruise app, board are only operating from 9 00 p. M. To 5 30 a. M. Even though they are allowed to pick up paid rides 24 7. If it goes 24 7, i will probably continue to use it. Even if it is paid for. That is what cruise put out after yesterdays vote. The price starts at five dollars in charges . 90 per mile and . 40 per minute. With tax included, the cost for a 13 minute ride is 12. 50. Compare it to uber and ly basically the same starting point, same drop off location. Both were slightly more expensive. During yesterdays hearing, cpuc said it will collect data from these companies, stating loosely the oversight will continue. I expect the industry to engage in ongoing dialogue with First Responders