Jones industrial average up 16 points but its the nasdaq thats breaking out of 88 points on the nasdaq this morning and s p futures up 4 and 3 quarters staff largest Economic Contraction in u. S. History yesterday, another uptick on unemployment claims push selloff i didnt do, the dow industrials at the close yesterday still the dow, nasdaq and s p 500 on pace for fourth straight month of gains with industrial up on final day of july. Economic recovery, where is the economic recovery headed and what can the fed do to support it . Coming up at 8 10, chief investment offer rick is here and you dont want to miss valuable insight and commentary stimulus stale meat, still no deal with extra unemployment expiring today. President trump does not want to see election day move but also does not want to see fraud. U. S. Appeals court said to reconsider dismissal of his case. Coming up 8 30 a. M. Congressman jim jordan will weigh on latest moves on flynn, the congressmans fiery take away as well.
Billion market mystery thats how much facebook added in market cap today. The reason not entirely clear many pointing to the launch of reels, the answer to tiktok. We should point out that news was out yesterday morning. Facebook shares today surged 6 to a new alltime high so guy, whats your take on this move well, i have no idea why it moved like this. Id be lying if i said i had an answer i will give credit to karen because shes been on this something we said, you go back to the middle of june. I remember this when rei, north face, patagonia came out and said they were pulling their ads for a month. I remember saying youve got to pull the rip cord on this. Theyre the first but theyre not going to be the last that proved to be correct. On june 26th, the stock traded down to 207, cratered and then closed higher on the day something we said is and ill say it again, theres nothing about facebook i like in terms of the platform and ill continue to say that this reversal tells you all you
Present. Commissioner moran . Here. Commissioner maxwell . Present. Commissioner paulson . Present. We have a quorum. At this time i would like to make a brief announcement. Due to the covid19 Health Emergency and given the Public Health recommendations issued by the San Francisco department of Public Health and mayor brown have lifted the restrictions on teleconference. This meeting is being held virtually with all members and staff participating today via teleconference. This will ensure the safety of the commission, staff and members of the public. If you have not already done so, i am now going to ask all members of the commission and staff to mute themselves to minimize background noise. This meeting is being televised by sfu tv. For those of you watching live stream, please be aware that there is a 20 to 40second time lapse between the live meeting and what members of the public are viewing on sfu tv. We extend our thanks to sfu staff and sfu tv i. T. Staff for their assistance.
Emergency and given the Public Health recommendations issued by the San Francisco department of Public Health and mayor brown have lifted the restrictions on teleconference. This meeting is being held virtually with all members and staff participating today via teleconference. This will ensure the safety of the commission, staff and members of the public. If you have not already done so, i am now going to ask all members of the commission and staff to mute themselves to minimize background noise. This meeting is being televised by sfu tv. For those of you watching live stream, please be aware that there is a 20 to 40second time lapse between the live meeting and what members of the public are viewing on sfu tv. We extend our thanks to sfu staff and sfu tv i. T. Staff for their assistance. If you wish to make Public Comment on an item, please call the phone line when the item is called. Dial 8882733658, access code 3107452, and followed by pound and pound again to join the meeting as a
We have a quorum. At this time i would like to make a brief announcement. Due to the covid19 Health Emergency and given the Public Health recommendations issued by the San Francisco department of Public Health and mayor brown have lifted the restrictions on teleconference. This meeting is being held virtually with all members and staff participating today via teleconference. This will ensure the safety of the commission, staff and members of the public. If you have not already done so, i am now going to ask all members of the commission and staff to mute themselves to minimize background noise. This meeting is being televised by sfu tv. For those of you watching live stream, please be aware that there is a 20 to 40second time lapse between the live meeting and what members of the public are viewing on sfu tv. We extend our thanks to sfu staff and sfu tv i. T. Staff for their assistance. If you wish to make Public Comment on an item, please call the phone line when the item is called. D