Stabilized but that doesnt tell you what is happening beneath the surface. The 10year yielding 0. 8 . Updates on the outbreak in america. We are now more than 4,600 confirmed cases. At least 85 deaths last night, President Trump vowing to backstop u. S. Industries saying the u. S. Will be power fully supporting those Industries Like airlines and others impacted by the virus weigh will be stronger than ever before the eight largest u. S. Banks announcing they will be jointly accessing funding from the Federal Reserve. There has long been a stigma and they are all doing it together Morgan Stanley being the first bank to do it. We should not take anything away from that decision the ceo also happens to be the chairman of the committee that put this group together that went to do this. Joe. Investors are looking for a substantial fiscal response from washington to try to stem the he can economic damage. Reporter we do expect congress to move today not sure when the senate will take action,
Taken since yesterdays 3,000 point drop jim, you have never been a huge fan of futures, but you think they are especially irrelevant now. Right these are fraught. I got up three, the market looked great it was up like looked like we would make up half of what we lost yesterday i come back, were down. Lets stay focused on individual stocks individual stocks are all being brought down by the indices. The great opportunities, i want to use that word, come from the obliteration of the futures, mean while there are companies who are doing well theres companies doing quite poorly well go over both there will be opportunities today. Theres a lot of give up yeah. I want to get i have a lot of specific questions for you i know you have regeneron tonight. Signs of hope, whether its test kits from roche, therapeutics, you heard gottlieb a moment ago talking about it those three things, test, therapeutics, vaccines we are starting to see very early signs of progress. Absolutely. You look at tesla.
Knead is also here. As i said when i started the presentation, we have continued to get inquiries from the commission related to the Implementation Committee spanned and so i thought it prude to just share a little bit more information with you today about those dollars even though they are not under the jurisdiction of the commission. As i said at the beginning of the presentation, the commitment thats been made to the San Francisco foundation on bow half of the community is over 8 million. To date and again to date through q2, over 2 million in grants have been made we have currently a 500,000 grant pending to San Francisco Housing Development corporation to support the purchase of 5033 and some of you know the brick building on third street next to the vacant lot near bank of america and it has residential on top and those tenants are protected and below market rate tenants and the commercial space below it is my understanding that that will be a second location for craft men and it
The General Assembly will now listen to his excellency Hassan Rouhani, president of the republic of iran. Please escort his excellency. On behalf of the General Assembly, i have the honor to welcome his excellency Hassan Rouhani and invite him to address the summary. The assembly. President rouhani in the name of god, the compassionate, the merciful. Mr. President , mr. Secretarygeneral, excellencies, ladies and gentlemen, i wish at the outset to congratulate your election to the presidency of the General Assembly and secretarygeneral guterress gutierrezs election to this body. R hisish him success fo responsibilities. Four months ago, over 41 Million People constituting 73 percent of irans total eligible voters came to the polls in the countrys 12 National Election and once again expressed confidence in my platform. Which calls for moderation and respect for human rights and prosperity and economic revitalization at home and constructive engagement around the world. The result manifes
To world news today. Britains Prime Minister has tried to inject new energy into the brexit talks, with a distinctly warmer tone in a key speech in italy. Theresa may says she wants the uk to be the eus strongest friend and partner and has called for a two year transition deal after britain officially leaves the eu, saying the uk will pay its financial obligations though no sum was mentioned. The mayor of london has called for greater clarity from the Prime Minister. Mrs may choose to set out her plans in the city of florence, our Political Editor Laura Keunssberg sent this report. Waiting, waiting, and waiting. Its months since the Prime Minister gave anything away on brexit. And if you are in a hurry to disentangle completely, you might just have to wait some more. She came to florence to confirm that for as long as two years after we are technically out, not that much might change. A period of implementation would be in our mutual interest. That is why i am proposing there should be