4 00 oclock on wall street, nasdaq up 300 and s p higher by 67. Wild fires raging up the west coast this morning, several people now dead, homes destroyed and evacuations underway. Many areas bathe in orange glow of fire. Almost open for business, new York City Restaurants can allow Indoor Dining at the end of the month but there are strict rules to follow. In the next hour a Restaurant Owner and lady gagas father joe is here to talk about the state of the Restaurant Industry and whether his daughter will take a seat inside. Sky high technology, we are introducing you today to what some are calling the smartest and best drone yet, Android Industries Palmer Luckey is here 8 30 eastern with exclusive announcement and back to grid iron this morning. Fox sports is back and bringing nfl along with it. We have a preview of games to expect. Mornings with maria is live right now. European markets trading mix, the dax index is higher by 43, we are waiting the European Central banks decision out
There. Big stocks in apple and tesla giving back gains. Ibm gained more than 3 yesterday. Also cocacola up more than 4 being looing at u. S. Equity few you are its. Something to Pay Attention to. Dow futures down around 40 points looking at first of september, and all of july and august with spectacular gains. Looking at the treasury yields looks like right now 0. 654 . Those movements with he saw yesterday were interesting in terms of the rotation. As a general matter, those had to pull back they will have to have these pull backs the fact that the market can do okay on a given day is a positive doesnt change the fact that weve traveled at a steep angel here there is a jumpiness a late summer week heavy volumes. You are seeing all sorts crop up there is a Different Energy to the market 20 what has passed in 2017, 2013 not sure the implications but there is Something Different it is 6 01 in the morning here yesterday was called a gama squeeze. We dont want to get too mechanical in the
Clock to show you how much time is remaining. All members and witnesses need to be especially mindful of the fiveminute clock. At 30 seconds remaining ill , gently tap the gavel to remind members their time has expired. To simplify the speaking order process, the commission has decided to order ourselves alphabetically. With that, welcome to this virtual hearing convened by the congressional oversight commission, pursuant to section 4020 of title 4, subtitle of the cares act, the Commission Must conduct oversight of the 500 billion authorized for the Exchange Stabilization fund. As part of our oversight work, the commission has decided to hold this hearing today which will examine the main Street Lending facilities. The Federal Reserve established the main Street Programs to support lending to small and mediumsized businesses, and nonprofit organizations that were sound before the covid pandemic. The program operates through five facilities which we will learn more about this morning.
When prompted, dial 10 to be added to the speaker line. The auto prompt will indicate the callers are entering the question and answer time and if you call in before comment is called, youll be added to the queue. When you are called for Public Comment, please mute the device youre listening to the meeting on. When yothe meeting is limited te minutes per speaker unless otherwise established by the presenting officer of the meeting and when your time is up, youll hear an alarm sound. Speaker are requested but not required to state your names. Please show the small office of business slide. Today we will start with a reminder that the Small Business commission is a public forum to voice your concerns about policies that affect the economic vitalities and Small Businesses in San Francisco. Our services are completely free of charge and before item one is called, i would like to thank Media Services and sf gov tv and a special thanks to jim smith for moderating or Public Comment line. Item
That means a lot that you are here with us. Especially raising money for such great causes. I want to think first of all the best bookstore in all the land, Harvard Bookstore. I want to thank my friend jeff for hosting this discussion. The panelists are all authors of some of the most important works ever written on race and the american experience. And i strongly, strongly encourage you to purchase their text and other work you are interested in from Harvard Bookstore its another independent booksellers. I also want to think of other hosts, the incredible Boston Review and the editors. All of us have been proud contributors to the rich intellectual condition curated by Boston Review. I just think it is really important that in this moments before our countrys more famous publications were willing to run pieces on police, prison abolition, racial and ethics of resistance and market violence, Boston Review really provided one of the major forms for these ideas to be debated with serious