The s p hitting another record high yesterday. The 16th of this year. The s p futures indicated up 12. Dow futures indicated up 27. Nasdaq futures are indicated up, too. This comes after gains for the s p and nasdaq of more than 1 . Pushing both indexes to record highs. Dow closing higher. It was up 130 points yesterday. A lot of this came after what we heard from jay powell. He was speaking again before congress and yesterday he said this is key. Yardeni pointed this out. Powell said we are waiting to become more confident that inflation is moving sustainably at 2 . It will be appropriate to dial back the level of restrictions. That is what the market heard. Not far from it. As a result, you saw treasury yields pull back. The tenyear yield at 4. 07 . The twoyear yield at 4. 49 . It is interesting because it is all based on inflation. We havent even any definitive proof that the economy is going to fall off a cliff. Maybe we can get that today. Maybe he knows something. When he said we
Will today we will begin with a reminder that the Small Business commission is the official public forum to voice your opinions and concerns about policies that affect the Economic Vitality of Small Businesses in San Francisco. Before item one is called, id like to start by thanking Media Services and sf gov tv for helping to run this meeting. Please call item one. Item one roll call commissioner benitez is present. Uh, commissioner dickerson is absent. Commissioner herbert is absent. President huey here. Commissioner ortiz cartagena here. And Vice President sessions present. President you have a quorum. The San Francisco Small Business commission and office of Small Business staff acknowledges that we are on the unceded ancestral homeland of the Ramaytush Ohlone, who were the original inhabitants of the San Francisco peninsula. As the indigenous stewards of this land, and in accordance with their traditions, the Ramaytush Ohlone have never ceded lost nor forgotten their responsibiliti
Minutes per speaker. An alarm will sound once time has finished and speakers are requested but not required to state their names. Sf gov tv please show the office of Small Business slide. Today. Today we will today we will begin with a reminder that the Small Business commission is the official public forum to voice your opinions and concerns about policies that affect the Economic Vitality of Small Businesses in San Francisco. Before item one is called, id like to start by thanking Media Services and sf gov tv for helping to run this meeting. Please call item one. Item one roll call commissioner benitez is present. Uh, commissioner dickerson is absent. Commissioner herbert is absent. President huey here. Commissioner ortiz cartagena here. And Vice President sessions present. President you have a quorum. The San Francisco Small Business commission and office of Small Business staff acknowledges that we are on the unceded ancestral homeland of the Ramaytush Ohlone, who were the original
Welcome to new york, in new york , filling in for katie greifeld. We are looking at an smp back on the rise in the second day of gains and. 7 rise in the s p 500 and further gains in the tech heavy industries in the nasdaq 100 and Sox Semiconductor index flying. That is bringing it on track for a second week of gains with the rebound. The two year yield is only down about one basis point for. 53. We started the week above 4. 60 and last week above 4. 71. Some serious cooling and a bid that remained into the powell testimony. We will talk about the ecb leaving rates on hold for a fourth straight meeting. Traders are boosting their bets for a june rate cut as president Christine Lagarde spoke. Pres. Lagarde inflation is continuing this downward trend and continuing to decline to our target as labor costs marked moderate and supply bottlenecks and the reopening of the economy after the pandemic faded. Sonali now joining us for more is a la sondra. When you look at the pressures and the ex
Without. So, wow is there for our customers, with speed, reliability, value and choice. Now, more than ever, it starts with great internet. Wow. Wow supports cspan as a Public Service, along with these other televisn a front row seat to democracy. The u. S. Senate is a■s■put t gavel in. Today lawmakers will work on a government funding measure passed by the house with the first of two shutdown deadlines tomorrow at midnight. Yesterday majority leader schumer filed closure on the first package and americans who with cancer, exposed to nuclear radiat luthe morgantown, West Virginia, will open the senate in prayer. The guest chaplain i invite you to pray with me. Creator god, from the beginning you have brought order from chaos. And in your wise compassion, you Order Society by calling people into vocations, masks of god, d; which through others your work is done. We pray your blessing upon our senate this day, and especially upon the many you have called to live out their vocation wi