Moderna says its vaccine is nearly 95 effective moderna up 9 , 10 right now while the other vaccine stocks are actually dipping we are awaiting president elect bide wren to give remarks about state of the economy after meeting with top Business Leaders and ceos today well get you there when it happens as power lunch starts right now. Thank you, ty. The dow was soaring to alltime highs, just shy of 30,000 today. All signs pointing to a continued rally except for one, a very important one lets go to bob pisani for more on that. Bob . We are seeing that moderna is helping the market overall and continuing a trend that we saw for the last really week and a half lets take a look at the sectors here the story is valuelike banks and Energy Stocks has been outperforming growth areas Like Technology for example nen weve seen cyclical sectors like industrials, for example. Generally outperforming defensive sectors like consumer staples. Generally small caps have been outperforming big caps in is
Strong data on housing and jobs along with big beat for chicago pmi. Late breaking headlines regarding modernas vaccine. Off session highs but off the lows as we speak still wog up on the show. Coming up San Francisco fed president mary daly to talk about economic recovery, stimulus and jobs picture in america. Plus we will get a read on the consumer when we talk to the ceo of General Mills his first interview since reporting earnings last week. Cocacola entering Hard Seltzer Market with help from molson coors well talk to the ceo of molson coors exclusively about this partnership and more lets get to the big stories 59 minutes of trade. Mike santoli tracking Market Action as stocks look to close out september with a bang. Meg tirrell with headlines around moderna and leslie with the latest on palantirs review. The market, whats driving it . Sara, a lot of things blowing around in the market, quarter end, reaction to the debate, pretty good economic numbers but also in the context of a
Please press star 3 to be added to the Public Comment queue. You will have three minutes to provide Public Comment and six minutes if youre online with an interpreter. You will hear a bell go off when you have 30 seconds remaining. Please standby. Once again, if you have joined this meeting, we are currently on agenda item 7. Discussion of monthly staff enforcement report. You will have three minutes to provide Public Comment and six minutes if youre online with an interpreter. There are no more callers. Chair ambrose Public Comment is closed. Thank you mr. Pierce. I will call agenda item 8. Discussion of executive directors report an update of various programmatic and operational highlights of Ethics Commission. That will be executive director pelham presentation. Thank you. Thank you chair ambrose. I wont recap the budget information i highlighted here in case this is where people look for the budget updates. Theres some information there. Quick update on the Public Financing program
Chair ronen good morning. The meeting will come to order. Welcome to the september 21, 2020 meeting of the rules committee. I am supervisor Hillary Ronen, chair of the committee. With me on the call is rules Committee Vice chair Catherine Stefani and supervisor gordon an m mar. I would like to thank sfgovtv for staffing this meeting. Mr. Clerk, do you have any announcements . Yes, d clerk yes. Due to the covid19 emergency, city hall and offices are closed. Members will participate in the meeting to the same extent as if they were physically present. Public comment will be available on each item on this agenda. Both channel 26 and other various cable channels and sfgov sfgovtv. Org are streaming the numbers across the stream. Public comment and opportunities to speak are available via phone by calling 4156550001. The meeting i. D. Is 1468449547. Again, thats 1468449547. Then press pound, and pound again. When connected, you will hear the meeting discussions, but you will be muted and in
Guard and thanked them for their help and said the decision to call in those troops helped calm things down. Kenoshas been ravaged by antipolice and antiamerican riots, violent mobs demolished or damaged at least 25 businesses, burned down public buildings and i threw bricks at Police Officers which your officers wont stand for and they didnt stand for it. These are not acts of peaceful protest, but really domestic terror. My administration coordinated with the state and local authorities to very, very swiftly deploy the National Guard, surge federal Law Enforcement to kenosha and stop the violence. And i strongly support the use of the National Guard in other cities, and the same thing would be happening. If we did that, youd have the same thing happen in portland, and it would happen very quickly. It would all be over very, very quickly. Lou President Trump and local officials estimating last weeks riots will cost kenosha at least 2 million. The leftwing national media, the radical d