Im becky quick along with joe kerr de kernen and Andrew Ross Sorkin. After two days of optimism, the get out there again trade was on turned around a little bit yesterday. We did see people rushing back to the stayathome stocks as covid cases and momentization hs continue to climb. And some states are imposing restrictions and the nasdaq ended up 2 after being down monday and tuesday. Yesterday the dow ended flat, right now indicated down by about 115. Never made to the record, still waiting circumstanling around tt s p 500 down by 2. 5 and nasdaq indicated up another 51 points this morning these were the stay at home stocks, amazon up, apple up 3 , zoom which had gotten hammered, yesterday up by almost 10 took c docusign 5. 2 and netflix 2. 2 and treasury yields, yesterday it was closed for veterans day this morning it is open and you can see the ten year still around the very heightened levels, again, not historically, but based on what weve seen in recent history within range of 1 a
Expectations, both stocks falling. We mentioned somebody was listening in on the Conference Call and it caused that trader to hit the sell button we wont tell you which trader it was just yet. Tim, it wasnt you what did you make of the Conference Call . I think you have a case here where clearly the numbers on the headline looked fantastic. But what was really causing that, that was about provisions, that was about credit quality. Which, its strange because we were complaining that we were fearful that the banks had bigger credit issues that were being possibly seen on the headline and therefore they were putting aside the major reserves what jp morgan look, that beat was a combination of some very strong Investment Banking and fic business but alsos the provisions that came down. Thats something we should everyall be encouraged about with banks bus i think there is more where that came from. But there was some sense this was the only reason. Net margins fell 14 basis points i think ba
Stay with the website in the network as we continue to Cover Campaign 2020. With that said, we go to the house of representatives. The speaker pro tempore the house will be in order. The chair lays before the house a communication from the speaker. The clerk the speakers rooms, washington, d. C. September 30, 2020. I hereby appoint the honorable Henry Cuellar to act as speaker pro tempore on this day. Signed, nancy pelosi, speaker of the house of representatives. The speaker pro tempore pursuant to the order of the house of january 7, 2020, the chair will now recognize members from lists submitted by the majority and minority leaders for morning hour debate. The chair will alternate recognition between the parties and time equally allocated between the parties and each member other than the majority and minority leaders and minority whip limited to five minutes, but in no event shall debate continue beyond 10 350 a. M. The chair now 10 50 a. M. The chair now recognizes the gentleman fr
Reporter most companies are protective of their brandname beds trader joes like to have fun with theirs and its gotten them into a little hot water. Its hard to take anything out trader joes to seriously, not when they have a giant banana greeting at the door. Its a very lighthearted Company Grocery store, the employees are wearing hawaiian shirts and what not i dont think its that big of a deal. Reporter the deal hes talking about is whats written on some of the companies frozen meals. Most products are labeled trader joes but some hispanic foods say trader joses and chinese and japanese foods labeled trader meeting. That does not sit well with this ugly high school student. The central issue is the representation are allowed to be perpetuated. A petition to remove the offending packaging so far more than 3000 people have signed it. Trader joes would not comment for us but have said they are already in the process of changing the packaging anyway and there seems to be evidence of that
Thank you, madam secretary and now ill call for adjournment and commissioner driscoll, did you make the motion . I cant remember. Motion has been made and seconded and you have the call. Right. Thats why i said, i wasnt sure. All in favour for adjournment. Meeting is adjourned. No objection to ajourning. Thank you very much. Good afternoon. Welcome to the june 9, regular meeting of the San Francisco board of supervisors. Could i have roll call, please. Thank you, mr. President. Supervisor fewer. Present. Supervisor haney. Supervisor mandelman. Present. Supervisor mar. Present. Supervisor peskin. Present. Supervisor preston. Present. Supervisor ronen. Present. Supervisor safai. Present. Supervisor stefani. Present. Supervisor walton. Present. Supervisor yee. Mr. President. All members are present. Thank you. Please join me in the pledge of allegiance. Place your right hand over your heart, please. I pledge allegiance to the flago f america and to the republic for which it stands, one na