Texas and louisiana preparing for laura to makela landfall asa possible cat 3 hurricane and facing new head winds of a pandemic and the end of an era. They start the end of a new slogan as Everybody Needs to keep their hands out of their mouth. This is Worldwide Exchange on cnbc good morning good afternoon good evening im Brian Sullivan thank you for joining us on a busy tuesday we have to start with the markets and your money despite whatever news there is out there, the money flowing into stocks just does not stop futures higher, maybe on possible headlines of u. S. china trade talk front all of this coming after yet another record setting rally s p 500 closing above 34 time higher and nasdaq hitting 37 records for 2020 the dow, now less than 1 away from break even on the year. Could get there today with the way the futures are looking. Speaking of the dow, there are big changes coming as announced late yesterday three stocks in. Three stocks out sales force will replace exxon mobil.
Out. The billionaire Tilman Fertitta will be here power lunch starts right now the dow making major moves to keep up with the changing times and the changing economy bob is looking at the moves and how they will affect the markets. Bob a bit of a shake up in the dow but the moves make some sense. Let me explain why lets take it piece by piece first we have salesforce. Com replacing exxon mobile the apple split has reduced the tech weighting in the dow and we need more Technology Sales force reflect the growing importance of Software Overall in the u. S. Economy. You dont need two Oil Companies in the dow you dont need exxon and chevron with energy only 3 of the s p one of them chevron will do. Lets look at the dow industrials. Pfizer is the lowest stock price in the dow the price would be even lower. Another reason to move it away amgen is reflecting the growing importance of the biotech space. This sounds like two industrial swaps and they are theytheon overlaps a bit with boeing now,
Chair peskin good afternoon and welcome to the land use and transportation meeting of august 10, 2020. I am chair aaron peskin, joined by supervisor dean preston. I dont believe that weve been joined by our vice chair, supervisor safai, but he will be joining us, but we have been joined by supervisor safai. Our clerk is miss erica major. Miss major, do you have any announcements. Clerk thank you, chair. Precautions are taken to a statewide stayathome order and all other state and local orders, resolutions, and directives. Members and the public will stay at home and participate in the meeting to the same extent as if they were present. Sfgovtv. Org and channel 26 are streaming the number across the screen. 4156550001. The number is is 1462472457. Then press pound, and pound again. When there are items of discussion, youll be muted. If you wish to enter Public Comment, press starthree to be entered into the queue. If you submit Public Comment via email, you may could do by submitting it
Both companies app stores. We will get into that. Check this one out. Joe biden calling for a nationwide mask mandate for all americans for three months, even if you are alone in the park. Then he takes no questions after announcing that plan. We will get into all of it for you and it is time for friday feedback which you still have time to send in your responses. Email us, varneyviewe varneyviewers foxbusiness. Com. We may read your email if you send it in now. An epic three hours ahead. David asman in for stuart varney. Varney company about to begin. David lets get a check of the markets and as you can see, the futures are down on the s p and the dow jones but up again on nasdaq. Meanwhile, its been 100 days since that march 23rd bear market low. Come in, ashley webster. Ash, we have seen a historic market reaction, a bounceback, right . Since hitting the lows on march 23rd . Ashley absolutely. Good morning to you. Since hitting those lows back in march, hundred day stretch going all
Also, an update on congress a reliefo pass package. Also we will take your calls, and you can join the conversation on facebook and twitter. Washington journal good morning. As monday, august 10, 2020. Election day and one week until the start of the democratic convention. It is crunch time until joe biden will announce who will join him on the democratic ticket. Will open our phone line to democrats only get your thoughts on who joe biden should pick as his running mate. Democrats in the eastern and central time zones can call in, 2027488000 democrats in the pacific timezone, 2027488001. You can also send us a text. Andse include your name where you are from. Also catch up with us on social media. cspanwj. Democrats only can start calling now. We hear from you about which woman should appear with joe biden on the democratic ticket this fall. Phone lines are on your screen. Cnn editor this from at large his final Vice President rankings, his top five on the most likely picks are. Numbe