Commissioner stefani. Walton present. Commissioner yee . Yee absent. We have a quorum. Thank you, mr. Quintanilla. Colleagues, our board president , commissioner, supervisor norman yee is representing all of us today across the street at the earthquake safety fair, the department of building inspection has put on. So can we have a motion to excuse commissioner yee, made by commissioner mandelman, seconded by commissioner brown and take that without objection. Next item, please. Clerk item 2. Citizens Advisory Committee report. This is an information item. Mr. Larson. Oh, mr. Larson. Hello. Thank you very much, chairman peskin, as well as members. Im the vice chair Festival Community Action Committee for Transit Authority and i would love to give you a quick brief from the meeting on the 22nd of may and try to correlate that also with your own agenda that was going on. So to start off, im going to get the right page. Consume. Thank you very much. We had a number of action items, pardon
Commissioner mandelman . Mandelman present. Commissioner mar . Present. Missioner p. E. S. . Commission ronen . Commissioner ronen present. Commissioner stefani. Walton present. Commissioner yee . Yee absent. We have a quorum. Thank you, mr. Quintanilla. Colleagues, our board president , commissioner, supervisor norman yee is representing all of us today across the street at the earthquake safety fair, the department of building inspection has put on. So can we have a motion to excuse commissioner yee, made by commissioner mandelman, seconded by commissioner brown and take that without objection. Next item, please. Clerk item 2. Citizens Advisory Committee report. This is an information item. Mr. Larson. Oh, mr. Larson. Hello. Thank you very much, chairman peskin, as well as members. Im the vice chair Festival Community Action Committee for Transit Authority and i would love to give you a quick brief from the meeting on the 22nd of may and try to correlate that also with your own agend
After the bell, here we go again. Earnings its game on salesforce hp hewlettpackard enterprises. Guess. And gamestop all reporting tonight. Well tell you what to expect. A debate on whether gamestop can capitalize on the video Game Movement that stock has suffered mightily. A yield of 9. 25 right now unbelievable. Lets start with todays market rally all four major averages are in record territory the s p crossed 2,600 for the first time today joining our closing bell exchange, david kelly from Jp Morgan Funds peter costa from empire executions is at post 9. Rick santelli is at the cme in chicago. Peter, the engine keeps chugging along here. Oh, my god. Its almost unbelievable to today, this was a little unexpected i think we did have positive data this morning. To see the market open up 150 points without batting an eye and continuing to stay strong, you know, its theres a confluence of really good things good earnings, low interest rates, even with the rate hike next week, next month,
Fluctuating between small gains and losses. Investors uncertain about what is next. So much to deal with whether it is geopolitical tension, hurricanes or d. C. A bit edgy on the week. The three major averages are on. Ace, but weekly losses pa bigger moves are happening when we go across Asset Classes. The 10 year yield down six basis points. Haven bonds are rallying. Pretty extraordinary. Two months ago, we had the 10 year yield at 2. 4 , now closer to 2 . Tripping what we have seen out of the election when rates initially backed up, shot higher, now returning. The bloomberg dollar index down six days in a row. The lowest level since 2015, down about 10 on the year. The dollar index on pace for its worst year since 2003. All of this replacing the somewhat obvious dovish commentary from mario draghi, dragging the dollar. Both of these Asset Classes dragging on the banks. Look at the regional banks, down 3 come on pace for the worst day since may. This is a concern to some strategists o
We have the world covered here on daybreak asia with the wrapup from the trade ministers meeting over the weekend. Help President Trump fared in riyadh shortly. This is daybreak asia. I am betty liu in new york. A. M. In just after 7 00 hong kong. Political risk will be dominating the headlines once again this week. The first leg of President Trumps middle east trip. It seems as so far so good, the opec meeting, the fed meeting this week, but plenty on investors place. Ceos like lots and lots of money being invested in their own home country, so pretty smooth sailing as you say, but there are still a lot of questions about the Political Risks. You saw Goldman Sachs taking down their target for the 2. 75 , ayield down to bearish a signal there. Markets have been choppy, but we have not seen total collapse. On jamesld depend comey when he testifies this weekend whether we get new information over the russian meddling scandal. See how things going. Asia kicking off so far, following the l