Claims came in better than expected, 709,000 signaling more improvement in the labor market. And treasury yields dropping sharply following yesterdays bond market closure. Thats putting pressure on banks, which are among todays worst performers though still strong performers for the week 59 minutes left in the session, sara every sector firmly in the red. Ahead on todays show, chipotle unveiling its first ever digital only restaurant this week without a dining room or a line for ordering we will speak with the ceo brian noccol about the strategy there. And Jeremy Grantham said he thought the market was a mccoy bubble we will get an update on his that it is since those comments. Disney, pal an tear and cisco reporting after the bell we will bring you the numbers as they happen. Mike, whats the market dealing with. Contending with worries pileup of news on the shutdown, on the virus, maybe getting worried about what growth is going to look like in the First Quarter or two the s p 500 was
This masterpiece to show the world today. [roll call]. Clerk we have a quorum. Thank you. Id also like to announce that the commission will have a different order of business at this meeting, and we will hold the closed session first before moving into our regular business. Madam secretary, will you read the closed session prior to Public Comment . Clerk yes, maam, president. And prior to doing that, id like to make a brief announcement. Due to the covid19 Health Emergency and the recommendations issued by the San Francisco department of public health, and that Governor Newsom and mayor breed have lifted the restrictions on teleconference, this meeting is being held by teleconference and broadcast on sfgtv. On behalf of the commission, i would like to extend our thanks to sfgtv and sfpuc i. T. Staff for their assistance during this meeting. If you would like to make Public Comment, 4156550001, meeting i. , 1467230055, pound, pound. To enter the queue to speak, press star, three. Madam
A great order. Diego maradona, the argentine footballer with the hand of god, has died at the age of 60, regarded as one of the worlds greatest players. He suffered a heart attack after well documented battles with drink and drugs. He captained argentina to world cup glory in 1960, enjoying a stellar club career in spain and italy before turning to management. But his Health Battles overshadowed his earlier glory this. We were my own and its much more than a Football Player for argentina. Hes been Aware National hero, a man for example, that represents much of what argentina is a man that came from extreme poverty that played in the most important clubs in the world that helped argentina win a world cup that scored 2 goals against england during a world cup after a very painful war between argentina and invent a man who also be friended left wing leaders in latin america says to be dont pass through the Ethiopian Government deadline for degree and forces to surrender has now passed Pri
[pledge of allegiance]. Thank you, and as always, if i could ask for the commissioners to mute their microphones. If you would like to be heard, just put your name in the chat box. Members of the public who are dialing in, i would ask you to please mute any background noise so that we can hear you and there is no feedback. The dial in number is [indiscernible] 0001, access code 146424 [indiscernible]. You will have two minutes for Public Comment. Please call the roll. [roll call]. You have quorum. [indiscernibl [indiscernible]. Thank you. Im getting a lot of feedback, so im going to ask everyone again to please mute your microphones. Please call the first line item. Line item one [indiscernible] meeting of september 16 [indiscernible] of 2020. Do i have a mover . [indiscernible]. Second. Public comment [indiscernible] regarding the adoption of minutes. Please call 41565 0001, access code 1464241219, press pound, pound again and then hit star three to raise your hand. For members of the
Welcome everybody to todays hybrid hearing. Pursuant to house rules, some members will appear in person and others will appear remotely via webx. Some members are appearing in person. Let me first remind everyone that pursuant to the latest guidance from the attending physician, all individuals attending the hearing in person must wear a face mask unless you are speaking. Members not wearing a face mask will not be recognized. Let me also make a few reminders for these members appearing in person. You will only see members and witnesses appearing remotely on the monitor in front of you when they are speaking in what is known as webx as active speaker view. The timer is visible in the room directly in front of you. For members appearing remotely, i know you are all familiar with webx by now, but let me remind you of a few points. First, you will be able to see each person speaking during the hearing, whether they are in person or remote, as long as you have your webx set to active speak