Ces, next week. We will look at the decade in tech, how predictions for 20 are not as easy as some Companies Make it seem. Our top story, a good start to , dowear, the s p 500 jones, and nasdaq climbing to highs. One of the best years for american stocks in the past decade. Joining us now is abigail doolittle. Record high another for these big tech companies. What is driving the gains today. It is more of the momentum we saw at the end of 2019. Some missed out on the Fourth Quarter rally because they did it. We have Central Banks supporting markets, putting liquidity into the system. Saying it is not qe, others say it is qe. Responding. Cks speaking of momentum, we have amd, talking about today up 7 . Put ins enough for it to its alltime high. At that chart, not really stability. What goes up, must come down. Investors want in on this big tech rally. Volatility, you look for stability in the fundamentals. We are approaching earnings season. Basis,a yearoveryear declined within the s p
Will come to order. I ask unanimous consent that the chair be authorized to declare recess recesses in todays hearing. And i also ask that the ranking chair member be recognized for a minute each during first round of questions. Without objection, so ordered. Before i begin, i want to expla explain an administrative matter regarding some of the documents we may use in todays hearing and may be entered into the record. Ill be making two unanimous consent requests in reference to two document lists, list a and list b. First, the documents contained on list b are marked export control. Weve been advised by the house General Council that the constitution provides ample authority for us to release these documents and the documents from boeing, boeings attorneys agreed to the release of these documents. I see nothing that is export sensitive in these documents. The faa stamped every document and they sent us as export control. However, to prevent confusion with regard to documents with marki
Current and former ntsb chairs who provided safety recommendations. Both of these accidents were entirely preventable. We cannot fathom the pain experienced by the families of those 340 six human beings who were lost. Many family members were here today and we appreciate their attendance. Themreciate many of meeting with members of the committee. Committee, if this promise their loved ones that we are working to obtain a full answer as to how to prevent future tragedies. ,hese families deserve answers accountability, and action. Deserves no less. Involved inaircraft both accidents is the 737 max 8 manufactured by boeing. International aviation safety regulators begin grounding the plane the day after the ethiopian crash. On march 13, federal Aviation Administration formally grounded the aircraft. The return to service is contingent on boeings work with the faa to test and certify fixes to the Flight Control system. Activated during both crashes. In order to return to service, Internati
Safety of the 737 max 8 airplane. He appeared before the house transportation committee. Committee on transportation infrastructure becomes order. I ask unanimous consent that the chair be authorized to request resources. Without objection. I also asked the chair and raking member of the full community the recognize for 10 minutes each of the first round of questions. Without objection, its awarded. I want toegin, explain an administrative matter regarding some of the documents we may use in todays hearing, and that will be entered into the record. Two unanimous consent request in regards to two documents, list a and list b. List b. T on the b a we have been asked that it provides ample authority to release these documents. And the documents from boeing, owings attorney boeings attorneys agreed to these documents. I see nothing that is export sensitive in these documents. Documenttamped every they stepped us as export control. However, to prevent confusion with regards to documents wit
This hearing will come to order. Thank you all for being here today. One year ago today lion air, flight 610 crashed into the sea shortly after takeoff from jakarta, indonesia. All 189 people on board perished. Five months later Ethiopian Airline 302 departed out of ethiopia just like lion air flight 610, ethiopian flight 302 experienced problems shortly after takeoff and crashed. All 157 persons on board died. Both of these accidents were entirely preventible. We cannot fathom the pain experienced by the families of those 346 human beings who were lost. Many family members are here today and we appreciate their attendance. I appreciate many of them meeting with members of the committee over time. As chairman of this committee i promise their loved ones that we are working to obtain a full answer as to how to prevent future tragedies. These families deserve answers, accountability, and action, and the public deserves no less. The type of aircraft involved in both accidents is a 737 max