Its not just the faang stocks its the semiconductors. Microsoft, all these names cisco, oracle, really moving nicely to the upside you throw in the biggies amazons and facebooks and apples people went and looked for value that they felt they could trust off the fundamentals they heard when they felt this market moving back. Were back as if the correction never happened. Leaders are leading again. Its the industrials tech, cyclical stocks that got us here in the first place where we are now yeah, leaders are the companies that have the most to gain from repatriation and have the best Earnings Growth and no one should be surprised by that. Thats actually whats been leading for years now. And so maybe this year ss gotten a little bit exacerbated netflix is easy. Its up 53 year to date even after a massive correction in early february apple is is another great example. Down 16. 5 at its low. Its now within points of the record highment back above a 900 billion market cap. Biggest stock in
Highlevel clouds across southeastern mass, but overall the sunshine winning out. Look at the numbers later on today. Low 80s on average. Sea breezes kicking in along the coastline. Still mild into term evening hours. Temperatures running into the 70s. Here we go. Mid70s to upper 70s along the coastline. Could even fall back a new degrees once the sea breeze kicks in. Boston 80 degrees. Came back into the 70s. Temperatures close to 84 degrees. Nowhere close to this over the sarah time now for fast track traffic with Kris Anderson in for Danielle Gersh again this morning. Kris hi, sarah. Happy wednesday, everyone. If only we could make traffic like it is at 5 00 the whole day. Thats the zakim bridge heading into town. Lets go to the maps and show you what youre dealing with. Not a lot to deal with. 95 connecting with 128. You may have some Road Construction closures to deal work but theyre wrapping all those up at the 5 00 hour so they can get those cones up off the road. North of town,
For a bear market after falling 20 from its december highs. The slump in stock markets has extended into currencies. The dollar fell to a 10month low. The currency dropped as much as 1 10 of 1 against the greenback. Hong kong stocks sank to a year low. Lets take a look at the markets. Hong kong and china, currently closed for lunch, but here is how they were trading. The selloff continues. This is the picture in singapore , tokyo, and mumbai. Im going to be back in a half an hour from now. Time now for you for bloomberg west. Emily you are watching bloomberg west. Iran has released the 10 american sailors they detained after two boats drifted into iranian waters. A decade of sanctions on iran may end on monday. The iaea with a final report. The house approved the republican backed legislation giving Congress Greater oversight of the landmark iran nuclear deal. The vote was 191106. President obama will likely veto the measure. The company sees fourthquarter and 2015 sales of 435 million
We started with san jose. We met for many hours with san jose. They share with us some of the changes that they went through and i think both for san jose and for oakland, the commonality in that there was some outside force, some outside interest that cause changes to occur. Honestly for open it was at a Consent Decree. Which is expensive. I think for san jose was judge kordell. They start with rewriting all the general orders all of their general orders are current, uptodate and searchable on the san jose website. Then they started with the Data Collection. They traded and brought officers to the table and work with them on how could they in a very quick way, gather information for every single stop weather was a pedestrian stop or traffic stop in 90 seconds or less. So they would have a way of collecting all of the data on race, reason for the stop, location, whether the was search or anything retrieved from the search, all of that. They were in the process of just solidifying their
Committee occurring thursdayjennifer 21st 2016 will begin shortly. [gavel] i would like to thank sfgtv staff for their Service Broadcasting todays meeting. Phil jackson and jen hello, thank you for your service. Just a little housekeeping right now before we start. We are going to have items to and three first. They shouldnt take too long. The charter of moments we have already heard in committee a couple times already. So theres not a lot of discussion. Mostly making amendment and moving forward to the next meeting. Probably some Public Comment but they should not take long. At the most i think 20 min. Will get you through those items and the entire rest meeting on item number one on the alternative use of force. Then, i want to make sure people are aware Public Comment will be 2 min. That will be a time limit on Public Comment. Mr. Clark if you can call item number to speak to item number two is charter of the San Francisco to acquire an appropriation for the parks and recreation Ope