Wednesday october 12, twonet 2016 and the time is 901. Roll call. Cuv covington, here. Cleveland rkts here. Nakajo, here. Hardeman, here. Joanne hayeswhite, here. Public comment. Speakers address the remark tooz the commission as a whole and not individual xhirgzs or personnel. Commissioners dont into debate with a speaker, the lack of response by commissioner or Department Personnel does not constitute agrumentd with or support statements made during Public Comment. Thank you, madam secretary. Excuse me. Is there any member of the public that would like to address the commission at this time . Welcome. My name is catherine [inaudible] as members of this department there are additional allegations regarding the station two situation that hasnt been addressed or investigated. I respectfully request the administration the elephant in the room and Management Practices which are the bigger picture. For the record, i worked and been in dangerous situations with the accused and never felt ha
The fbi has been conducting a preliminary inquiry into Donald Trumps former Campaign Manager Paul Manafort business connections to russia. This comes as the backlash grows over clintons emails top aides for clinton accusing james comey of a double standard. Fbi official telling cnbc comey accused russia of meddling in the u. S. Election. Comey argued privately that it was too close to election day to name russia as the perpetrator of cyber attacks. Lets check in on the global market. Were seeing strength to kick off the move november after nearly 2 selloff for the s p in october. Worst month for stocks since back in january, third month of declines in a row. We start fresh with a mini rally. Dow futures up 33. S p futures up 4. 5. As for the ten year treasury note yield, higher yields continue to be the theme. Were seeing the ten year yield at one, just below 1. 86. Manufacturing number out of the u. S. Along with auto sales gearing up for a heavy few days of data. The bond move during
St. Francis. Speech during[applause] [gavel] the meeting of the San Francisco retirement system i will call to order. Shall we stand for the roll call please i mean the pledge of allegiance. [pleage of allegiance] thank you. Please take roll call commissioner cohen is out of town bridges, present. Driscoll, present. Makras, present. Meiberger, present. Paskinjordan, present. A quorum is present appreciate it. At this time will Public Comment a close session items only. Again we will have Public Comment on days closed session items only. Any comment on closed session items only . He was at this time we will return to open session. We will vote whether to disclose discussions held in closed session. Vote to disclose or not to disclose . [inaudible] [off mic] we make the motion now . Okay. Did you make a motion to disclose commissioner meiberger [inaudible] will by commissioner meiberger second bite commissioner driscoll [inaudible] all those in favor say, aye [chorus of ayes] the ayes ha
You see behind us, it is cooled off a bit. The dow is down about 15 points. But keep in mind, folks, we have seen huge moves in stocks, bonds and the dollar. Just since the election. And watch out for oil. Crude oil hitting a new threemonth low. Well have more on what is driving oil prices down straight ahead. Tyler . Thank you very much, brian. Tyler mathisen here. Here is what else is happening at this hour. Strong after shocks continue to rock new zealand following sundays 7. 8 magnitude earthquake. U. P. S. , air maintenance workers, voting to strike as contract negotiations stall. And the Transportation Department is setting new rules requiring electric and hybrid cars to emit sounds by 2018. So they cant sneak up on you anymore. We got a busy two hours ahead and we kick it off with the market, the dow, as brian mentioned, briefly hitting a record high at the open. It has since pulled back a bit. Despite the pullback, there are some notable standouts, often are, almost always are.
Im been in apple but i added above where they were able to get in because i added when it started to drop, it got to 97 or Something Like that and it got down even further and that is where it seemed like it started to bounce when we heard the buffet group was getting into this thing. So i tend to be with them. I look at this company and for all of the reasons that everybody talked about forever, when you talk about valuation or the cash position and also you have the new products that are coming out over the next couple of months into the second half of the year, i dont know that they are going to be the best products cycle that theyve ever had but they always seem to do well under the new psych cycle but i think this will be different. And this run has led people to believe that maybe apple is finally back after sort of spinning wheels for a bit. Sure. But lets contextualize. As a stock. But lets put it into context. It made back the ground it lost since apple and right back at the l