Inauguration late last week. Im very proud of that. Very proud of that. The Business Community and the labor community, you saw that with the labor leaders that came out. One said it was the single greatest meeting i ever had with anybody. Its the highlight of my life. The dow on top of it just hit 20, first time in history. Im very proud of that. Now we have to go up, up, up. We dont want it to stay there. Vice president mike pence tweeting the dow closes above 20,000 for the first time in history. U. S. Economy is being unleashed under President Trump. Lets get you caught up on whats going on. We have a 30 billion pharma deal. Johnson johnson buying actelion for 280 per share in cash after weeks of exclusive talks. We talked about this transaction before. A 23 premium to its Closing Price yesterday. Both companys boards have aprefapref approved that deal. Today is the busiest day of earnings season, 38 companies in the s p 500 reporting results along with three dow components. Before
Similar big gains. Big. The dax in germany, the cac in france, up by 1. 5 . The ftse is up close to 1 . Look at the dollar. You will see in currency markets just focusing on whats happening with the dollar. The dollar is up across the board. Euro at 1. 0541. The dollar yen at 113. 62. Interest rates finally went up. 2. 42. Up from 2. 35 yesterday. 2. 42, were calling that up. Good to see someone making europe great again. You know, sara eisen told me we should focus the show on the peso. Thats not a bad idea. It is interesting, even europe. Those are big gains in europe. Lets get caught up on some of the big corporate stories. Snap inc. Expected to have the ipo after the close today. The Company Targeting a 17 to 18 range, valuing the company at 25 billion. Separately the Company Reportedly developing a drone. The New York Times saying the drone would be used to take puck chores and video. Youtube planning to launch a Live Tv Streaming Service featuring broadcast news and cable channel
Ears, i can hear, with the pressure. Youre sick. The nose spray clear. Your sugar i thought i was sounding pretty you sound up. Youre trying. Youre trying. I can hear it. Maybe its the end. It gets worse towards the end. You dont feel as bad, but you sound worse. Thank you. The european markets were mixed. Lets not fly over there. Im telling you, your ears will pop. Probably will. If youre buying wti, buy the barrel. A barrel will cost you 49. 41. Its touching joe has for your health. Melissa, save me. Here are the stories were watching. Saudi aramco has selected jpmorgan, Morgan Stanley and hbsc as Financial Advisers for its ipo. Saudi aramcos offering is expected to be the largest equity scale ever. The weekly jobless claims and the final read of q4 gdp out at 8 30 a. M. Grow cleveland fed president , loretta mester, john williams, rod kaplan and bill dudley speaking throughout the day. Jack lew, tim geithner, robert rubin, michael bloomenthal last night address the economic issues.
Left candidate the only two options. Two candidates who wanted to take france out of the European Union. We do have Marine Le Pen. And centrist frenchelected macron. Because of those results, you can see the market is picking up a little bit of ground. Again, this is not unanticipated. This is what most people expected would happen here. There is one candidate that would keep france in the eu. Dow futures indicated up by 219 points. S p futures indicated up by about 29. And the nasdaq up by 58. Friday was a down day for the market. But it was still the best week the dow had seen since the beginning of the march. The s p 500 and nasdaq best in two months. Overnight in asia, take a look, japan up 1. 3 . Hang seng higher, 0. 4 . Shanghai composite was down by 1. 3 . In europe, early trading, again, based on what were seeing in the election, we do see stocks across the continent. In france, markets are up by 4. 3 . The dax is up higher. Ftse up in europe and spain also higher. Taking a loo
Continuance for september 10, 2015, but i believe we discussed that to september 24th at this point. Any Public Comment on item the one item proposed for continuance not seeing Public Comment is closed. Commissioner richards move to continue item one to accepted 24 on that motion to continue item one to september 24th commissioner hillis commissioner johnson commissioner moore commissioner richards commissioner wu and commissioner president fong so moved, commissioners, that motion passes unanimously 6 to zero and places us under the consent calendar for items 2, 3 a and 3 b i do have one speaker cards for item 2 a mic a ma sell florlz we will is have to place it in others regular calendar. Items 2 and 3. Right for the San Francisco west side kriejdz Environmental Impact report okay. Well have to pull that off of content and put it on the regular calendar that pulls 3 a and b off consent we cant act until the Environmental Impact report is soundproofed. Okay. Thats outlook. Shall we pl