States right now in washington, fragile hopes for a stimulus deal remain Speaker Pelosi and secretary treasurer mnuchin are expected to talk this afternoon in hopes of getting a deal done. A full economic recovery has a long way to go and another expert said many lost jobs may not come back. All 11 s p sectors are lower 59 minutes to go we are making new session lows with the dow down 400 points. Lets get to the market downturn we just referenced. Mike santoli is tracking all of the action no trigger but a clear response. The only trigger that seems clear at all is the mark of 2 30 eastern time, when the downturn accelerated. It seems as if it is essentially kind of getting ahead of the close, peeling down exposure we did have that good rebound into last week from the late september lows we had some positioning indicators suggesting people were full up on equity there has been a pattern of strength overnight in equity futures opening up strong and selling throughout the day it seems li
It is hip to be square used to be at least. Lets check out u. S. Equity futures. Things are relatively flat and that isa good thing. A bit of a difference after the big swings weve seen. Right now dow futures up about 3, s p 500 up about 2, nasdaq up by 13. Of course this is after a done day for the m down day for the markets yesterday. Treasury yields are something to start paying attention to because we did see a pickup in treasury yields to the highest levels weve seen since june the ten year is yielding 0. 813 . And i know it doesnt seem like a lot, but it is the highest level weve seen in a while and there is so much that rides on that including mortgage pricing which has been a key part of what has been happening in the housing sector, a strong point in the economy so far. Lets get over to washington. Well talk about id call it a soap opera, but really it is a reality show and means a lot to so many millions before nancy pelosi says she is now optimistic that democrats may be abl
I will ask Liz Harrington from from the rnc. The polls ask which candidate is better for the economy, perhaps the better question which candidate is better for your personal finance . I will break it down for you on making money. Charles the market began the session with a little gusto as investors were excited about the idea that President Trump could be returning to the white house while tell holding out Hopes Congress will push through a stimulus plan. The president also talked up the market with a series of tweets. Meanwhile the session is now exactly the opposite of friday where traditional safe havens were higher while technology was the worst performer. Even today technology not the biggest winner. Investors focused on value and material names. But there issues facing investors. Until major indices clear certain hurdles, these rallies could keep falling short. For me the key numbers on s p, 3400, on the nasdaq, 11,326. The dow barely above 28,000. How should investors cope forei
Existing home or building in San Francisco. It doesnt affect buildings remodels or retrofits. This is only for negate construction permits applied for next year or later. So you will still be able to use your gas range, and so will all of your favorite restaurants. Chair peskin i thought you were done. I apologize. Supervisor mandelman i did say that i was concluding, but i still have a couple more paragraphs. I will conclude shortly. The proposal was developed through a broad stakeholder process that began in earnest back in january, and thats why my office has worked closely with city staff. In addition, i will also be offering amendments that include a reporting requirement on the issue of mixed fuel reporting requirements to be reported to d. B. I. To be sure were tracking effectiveness of the all electric requirement. There has been significant support from Many Organizations as well as from dozens of design, technology, and construction professionals and organizations, including
Of construction because this idea of being able to heat water in a multi a multiunit building, that is an important piece of the conversation. That is something where im not exactly convinced that technology has caught up with our policy demands. Im sure it will, but itll be interesting to have more thoughtful conversation about that, as well. Thank you, mr. Chair. Chair peskin thank you, supervisor safai. Supervisor preston, any last comments . Supervisor preston no. Chair peskin perfect. So let me just say this about that, which is right now, and to the foreseeable future. There are so many restaurant spaces that are serving guests that will be served by this legislation. As we are tea yalking about ne Housing Starts with restaurants down below, a handful may have restaurants, a handful of those may ask to have gas. This is kind of not a really important conversation, but i do want to honor the Chinese American Community of San Francisco, so lets have that conversation. I dont think