Unemployment claims last week, but we are seeing sectors most sensitive to economic reopening. Sharply hire American Airlines rilgt now, trade iing up some 45 wilfred. Its actually pared some of those gains. About 43 . Ahead on todays show, tim ryan has a six step plan outlining his companys pledge to support black lives and it goes well beyond cash donations. Hell join us with his message plus, a key question for millions of newly unemployed americans. What happens when federal stimulus programs run out . Lets focus though on the big stories were watching today first of all mike is tracking the Market Action phil lebeau is watching a huge surge for airlines before the pullback and Courtney Reagan covering a battle between landlords and retailers, but mike, lets start with you and the broader markets. Hard to make too much of this headline softness after such a sprint that the market has had take a look at the two year chart the s p has had. We did see today mostly, the nasdaq 100, cli
And it just got a hunl buy call. Well debate in our call of the day. Halftime report starts right now. All right, welcome. Good to have you on this wednesday. Our Investment Committee, jon and pete, anastasia is the global strategist at jpmorgans private bank rich, one of barrens top 100 Financial Advisers we begin with the late e on the markets. Stocks are higher again hour the dow is barely holding on to a gain as are the major averages the nasdaq did a new record even as the house stands to impeach a sitting president for the third time in the history of this country. Well get to d. C. In a moment, but lets begin with the surge rick, you want to take a stab at the sector that keeps marching higher 70 is a new Record Facebook tops 200. Adobe. Nvidia, lamb research, all hitting new highs. Every investment portfolio has to have tech stocks its a part of the market and its important to have them for a lot of characteristics number one, theyre generating large amounts of Free Cash Flow.
Was checking in around 6 00 a. M. To squawk box but still looking up road map this morning, it starts with a potential trade boost, stocks as you saw pointing to what would be a pretty good open at least if youre long after treasury secretary mnuchin said there is a path to a deal with china. Plus, trade head winds hitting home, fedex saying the ongoing disputes are creating, quote, significant uncertainty for its business outlook. Micron surging this morning, this on strong Quarterly Results. The chipmaker also resuming some sales to huawei and forecasting demand recovery this year. Stocks are looking to rebound this morning, this after treasury secretary Steven Mnuchin expressed optimism about trade talks in a cnbc interview. Here is what he told hadley gamble in bahrain. Im hopeful we see a deal there needs to be the right efforts in place this isnt a deal for having the sake of a deal we were about 90 of the way there. There is a path to complete this but well see where we get. Quo
the us national transportation safety board has revealed new details about the door plug that blew off an alaska air jet last month. the 737 max jet left a boeing factory missing four bolts designed to secure the door panel. our north america business correspondent erin delmore has more. this investigation focuses on the bolts used to keep the door in place on the plane. that door is not supposed to open. but it did open onjanuary five and flew off the alaska airjet just after takeoff in portland. now, investigations from the national transportation safety board said the bolts were missing before january five and it appears the alaska airport plane left boeing s factory without the bolts. they were removed to make a repair but it appears not all the bolts were replaced. this is a most diesel we have about what went wrong and it puts the blame on boeing. both details. a supplierfound new boeing. both details. a supplier found new problems with holes drilled on 737 max pl
Board of supervisor agenda unless otherwise stated. Supervisor kim forgot to announce our clerk today is victor young and the staff from s. F. Govtv is leo and charles, making sure its available online. Mr. Clerk, call items 1 and 22. Resolution of intention to form project area i mission rock, and infrastructure financing district number 2, establishing the time and date for public hearing and determining other matters in connection therewith. Item 2, resolution of intention to issue bonds for project area i of the sfru financing district number 2. Supervisor kim i see we have our presenter here up today. Good morning, madam chair, supervisor and members of the public. My name is rebecca benisini, assistant director of the port, pleased to be here on the first board action or recommendation related to mission rock project, the port has been working on many years. Acknowledge many members of the team here, fran weld, jack bare, harry obrien, and roscoe from the San Francisco giants ava