Coronavirus case fails to improve overnight. The u. K. Prime minister is still conscious but has received oxygen treatment dominic raab is deputized. Equities heading for their first backtoback games in two weeks. Futures pointing higher in the u. S. While oil rises ahead of thursdays opecplus meeting. Coronavirusthe maybe reaching a plateau in europe as cases slow across the continent. Italy could start ending its. Ockdown on a gradual basis just under an hour away from the start of cash trading in europe. A quick look at futures here. A gain in futures at the cash trade closed higher yesterday. Gains in u. S. Futures with the 0. 4 the dow s p up 0. 4 . Anna everybody still focused on what is going on with coronavirus globally. Cases are being handled and death rates. We need to get to the first word news update. Prime minister Boris Johnson is in intensive care. His Coronavirus Infection worsened. He had been selfisolating for 10 days, struggling to shake off covid19. Dominic raab is
[gavel]. Good afternoon. Like to call to order the regular meeting of the San Francisco Public Utilities commission. Todays date is tuesday, february 25, 2020. Roll call, please. [roll call] clerk we have a quorum. Very good. Commissioners, you have before you are the minutes of february 11. Are there any additions or corrections . Ill move approval. Second. Is there any Public Comment on the minutes of february 11 . All those in favor . Opposed . The motion carries. At this time, id like to call for a general Public Comment. Clerk madam president , we need to hear oh, im sorry. Thats okay. Clerk its been a long day. Shake the sand out of your shoes. General Public Comment, item 4. Members of the public may address the commission on items that are within the commissions jurisdiction but not on the agenda. Beiokay. I have six speaker cards. Bill collins. Bill collins for pacifica. First, id like to thank the commissioners for serving and particularly you, president caen, for your years
[gavel]. Good afternoon. Like to call to order the regular meeting of the San Francisco Public Utilities commission. Todays date is tuesday, february 25, 2020. Roll call, please. [roll call] clerk we have a quorum. Very good. Commissioners, you have before you are the minutes of february 11. Are there any additions or corrections . Ill move approval. Second. Is there any Public Comment on the minutes of february 11 . All those in favor . Opposed . The motion carries. At this time, id like to call for a general Public Comment. Clerk madam president , we need to hear oh, im sorry. Thats okay. Clerk its been a long day. Shake the sand out of your shoes. General Public Comment, item 4. Members of the public may address the commission on items that are within the commissions jurisdiction but not on the agenda. Beiokay. I have six speaker cards. Bill collins. Bill collins for pacifica. First, id like to thank the commissioners for serving and particularly you, president caen, for your years
Welcome to power lunch, everybody. Stocks are just off the lows of the day. The dow down b about 200 points. Still on pace for its Third Straight session in the red with apple the biggest drag and gold reaching 1600, its highest level in seven years and utilities leading today on pace for a record close the second best performing sector this year next to tech up 9 for more on where the money is move ng todays market, lets get to bob pisani at the new york stock exchange. Hello, again. Much of damage is cue to apple and theyre worried about krohn kro coronavirus. Exxon mobil, another new 52week low there and also were seeing some of the big global industrials like caterpillar, 3m pretty modest response leon cooperman was saying the the biggest risk to the markets is the u. S. Elections and this is the way a lot of the Fund Managers seem to think bank of america, 150, the biggest Fund Managers in the world. He said that, too. The 2020 election is the number one thing. Were all worried ab
Louns lou announced he is stepping down from his ceo role. And scott minerd will tell us why he doesnt think investors should be buying just yet. We have josh here welcome back to you. Interesting dichotomy setting up in the market. The stayathome stocks versus the gooutside pelaton was just hit on power lunch and netflix, zoom, are all outperforming and the goout stocks, the restaurants, the ubers are all getting hit. Theres the pocket of green there. Yeah. Look at live nation they do concerts. Yeah. Theyre thinking people are not going to go out if and when coronavirus comes here in bigger numbers. So the thing with that is that the danger with that is buying into a narrative because the narrative could be popular for two days and then all of a sudden it goes out of favor and people are like what was i thinking why do i own this stock . Because i think people are going to sit home . However, i do own zoom and another name thats been ripping, teledoc this is virtual doctors visits im