Strong gains and this morning you will see that there are green arrows once again, the dow indicated up by about 88, s p by about 9 1 2 and the nasdaq indicated up by 48 points if you watched what happened in the treasury markets, we did get a lot of fed speak and it sounds like there is a little bit of confusion. You can see the ten year note has ticked up a little bit, 0. 769 is the latest yield andrew and lets take a quick look at the dow transports, gaining another 2. 5 yesterday, also hitting a record high, the two as to beings to watch this morning, eli lilly and he regeneron both big winners on Covid Treatment hopes. And President Trump touting both of those in a video that he released over twitter late yesterday. Well tuck a lalk more about th. But also take a look at shares of tesla, new Street Research upgrading that Company Stock to a buy saying that to sees a decade of hyper growth ahead, this call makes the firm the second highest priced target on the street so in lead wit
Else, stimulus optimism. Pelosi and mnuchin are set to speak again. Airline stocks are up. Plus the race for a cure and treatment for the coronavirus. Shares of regeneron and eli lilly are rallying, both asking the fda for emergency use approval for their antibody therapies. And speaking of surging, look at shares of ibm this morning, moving up on plans to spin off its it infrastructure unit Arvind Krishna and Ginni Rometty will both join us first to discuss this historic move for the company. Carl we are awash in headlines from the president after this 55minute interview. But buried in there are discussions about the progress of stimulus talks and emergency approval for the likes of lilly and regeneron. Look, i think that there is a narrative that were going to start hearing and it was the president s narrative, he voiced it, i know if youre george ancopolous, you dont want to hear it is a cure. You want to hear it is something that is part of a cocktail of things that you need to be
Minutes. Mike, any new issues popping up for the commute . No. Lets not jinx it. Looking at the green sensors all around the bay and little slowing out of the altamont as we expect this time every day. No problems Contra Costa County and pushing towards the bay bridge. Starting to build a little bit of volume and in the north bay we continue to follow those closures. 128, 129 all highways youll hear about related to the fires. Back to you. Thats right. Thats what were talking about. Breaking news we continue to cover. Fire crews working fast to cut containment lines around the glass fire in napa and sonoma counties. Theyre concerned about another round of red flag warnings. The fires burn nearly 52,000 acres. It is only 2 contained. Flames have destroyed 143 homes and damaged 46. Now the burn zone in napa and sonoma counties continues to grow. More than 26,000 structures remain threatened. And fire investigators are really trying to zero in on what sparked this fire. Massive flames on
Gavin new issuing the acting security of home secretary of homeland security, all the people, state and local leaders join us today. Were having a separate News Conference a little later on other subjects. I just want to thank everybody. Its been pretty amazing. In august i approved a major disaster declaration for california. I approved, i think, gavin, about 40 stafford act declarations. Very quickly because we want to get this thing taken care of including fire management, assisting fwrans to help multiple states stop the fires. More than 28,000 firefighters and First Responders are combating fires in california, oregon, and washington. Over 230 soldiers are fighting the august complex fire. An thats the largest fire in california. Thats the big one. Thats the biggest. And we want to thank all of the brave fighters, we want to thank these incredible people, the First Responders, Service Members who are racing to the extreme peril, really, putting their lives in extreme danger. Soon
Each speaker will be allowed up to three minutes. When you have 30 seconds remaining, you will hear a chime indicating when your time is almost up. When your allotted time is reached, i will indicate that your time is up and take the next person to speak. Best practice is to call from a quiet location, speak clearly and slowly, and mute volume on your computer. I would like to take roll at this time. [roll call] clerk thank you, commissioners. First on your agenda is consideration of items proposed for continuance. Items 1a, b, and c for case numbers 2019000494 dnx, cua, and vnr are proposed for continuance to september 4, 2020. Item 3, case number 2019016388 cua, item 4, case number 2019017022 cua, is proposed for continuance to october 29, 2020. Further, commissioners, under your regular calendar, item 10, case 2019021010 cua at 717 california street, conditional use is requesting a continuance to november 11, 2020, and item 19, is requesting a continuance to october 1, 2020. I have