Constitutionally. Barrett is expected to cast herself as a judge committed to keeping her personal views out of rulings. Shecrats are concerned that will rule against abortion rights if she is confirmed as expected. Pope francis met with a cardinal accused of child sex abuse in australia. He became the most senior catholic official to be convicted of child sex abuse. In prison13 months before australians high court acquitted him in april 2020 of charges involving two choirboys in the late 1990s. Global news 24 hours a day on air and on bloomberg quicktake, powered by more than 2700 journalists and analysts in over 120 countries. Im Mark Crumpton. This is bloomberg. Vonnie it is 1 00 p. M. In new york. Im vonnie quinn. Welcome to bloomberg markets. Here are the top stories we are following. U. S. Equities start the week in rally mode. The s p up nearly 2 now. Hooper with christina about all of this optimism. Thats study showing proportions of americans dying from coronavirus is the high
High. It is still heading toward its Third Straight winning streak, up 65 points. S p better by 22. The nasdaq up 148. You could argue that the dow and the s p are hamstrung by some serious weakness in financials, particularly regarding citigroup. That stock is taking a hit right now. Its down about 4. 7 . We are watching all the financials. Goldmans down i believe we also have Morgan Stanley down and some of the other big names. Tempest fugit when unveiling more than a dozen new offerings. Apple time flies event just ended with multiple bangs. We will start with the sizzle but theres a lot of steak here. Lets get with the apple watch to begin with. You got to do the colors, right . This is sort of the lighthearted stuff. Blue, a new blue, a new, i dont know, kind of rose gold watch, theres a bright ferrari red, you can see that right there. Then sticking with the sizzle, they hired an artist who came up with customizable faces for the new sixth generation apple watch face. It is calle
It is a decided direction and big tech. The lagging sectors are energy as Oil Prices Fell 2 , and health care. A picture of an economy that has largely stabilized but is also at risk of stalling out, especially if there is a second wave of the virus. No vaccine and no stimulus forthcoming. Jobless claims moving in the wrong direction and new home sales rising more than expected as americans continue to hunker down. The vix inching higher. It did get to 29. Treasuries are moving higher. That means lower yields, or at least it did before the most recent change, and the dollar stronger versus all of the g10 currencies except the loonie. Higher dollar means lower gold prices, and we have seen gold turnaround. They did fall to a two month low earlier. Gold could stand to use more groep to lose more ground. David i want to connect two things. You mentioned uncertainty be out the recovery, how fast it is coming back. Jobless numbers not optimistic. Also doubts about the virus. We heard from j
There are other parts that have access indie indiscernible . Operator you have three questions remaining. Speaker i would like to commend the sfmta on the slowstreets program. I think its great and particularly, i have frequently used the one on sanchez and if anything, thats to be extended even further and the slow street on 20th can be extended west, as well. I think that would be a great idea. I want to reiterate what everybody else said regarding the tenderloin, an equity standpoint in ten in terms of mg everyones lives better, its unfair they dont have slow streets. And people should take a step back and remember 30 of people in San Francisco dont even own a car and yet up until now, almost 100 of the streets where dedicated largely to cars and even now, 95 , so i think thats important perspective to keep in mind and just remember as we go forward, i think that this would be great to implement, especially after the pandemic and hopefully, make the city a better place to live in. T
It is slow today. No problem. Operator this question is now in question and answer mode. To alert the speaker, you have a question, press zero. Each question will be heard in the way it was received. This is Public Comment for minutes on june 30th. So if you wish to address the board on the minutes, dial 10 now. There are no callers. Chair Public Comment is closed. Motion to approve. Chair is there a second . Second. Chair secretary boomer, can you please call the role. role call . Five communications, madam chair. Item 13 regarding the caltrian sales tax has been removed at the request of staff and proposing amendments to the board of directors and we will schedule a special meeting for members of the public to hear our item and for us to act. If you wish to address the directors today on this topic, you can do so under general Public Comment on items not on the agenda. Again, so the caltrain sales tax measure will not be heard at the end of the agenda but will be heard in a special m