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The tech index on the s p 500, you can see that reflected in the nasdaq losing at another record high. Not only do we have amazon and apple and nvidia higher, but tesla, people had turned their back on it a year ago, impressing all the way. Taylor i should have been the buyer at take private share price is where i shouldve been. One other comment about this market, financials. Citigroup is up 6 , wells fargo off 2 or so. 9 area really getting a lot of financials, particularly consumer facing stocks off 5 . A bank off something up to 9 certainly catches my attention, as we have been talking about this rotation into the valley naturals the financials. A reversal today. Caroline it really is when you are seeing the bond crescendo across the board. 10year yield down almost nine basis points. This is feeling into the pain today. Citigroup private Bank Investment officer, going to see so much continued bond buying from the fed . If you ....
Ahead of the Conference Call to the g7, leaders, a lot of focus will be on whether they will step in with coordinated action or words to assuage the markets. Ahead of that, markets are rising. The stock europe 600, 4 and the that saw a lot of losses because of the epicenter in europe still in italy, up today. The dax up. S p futures, gains across the board. A caveat. Yesterday, we saw similar gains and they peter off as the day went on. Today, there is expectation from g7 and that the fed will possibly step in. Lets get to the bloomberg first word news in new york city with Viviana Hurtado. With an update on the coronavirus. Governments around the world preparing for emergency measures to fight the outbreak. Drugmakers hope to have antiviral treatments ready within the month and vaccines by next year. Of cases number worldwide, topping 90,000 but reports suggest over half t ....
Well i have selected three of the questions which i think i can answer. The first about the number of mps standing down. Is it a particularly large number . I thought that there would be because we had some big names, kenneth clarke, the pam and the former chancellor, vince cable former leader of the liberal democrats standing down. But is not particularly large, 68 so far, on average it is about 80 and after the expenses scandal it rocketed to above 100 not a huge number this year. The second question is when will we know who the candidates are and how on earth are they selected. The truth is i suspect most of us already know, the literature has been coming through the door, the dog has chewed it up, but you will not know absolutely everyone until next thursday when the nominations close. How are they chosen, by the local pleiades, dow given a list by head office and then it is up to the local parties by large to decide who your local candidate will be. Question number three, why cann ....
Much. So good morning and welcome to the budget and finance committee, everyone. Todays agenda is focused on bringing back departments that we heard presentations from last week to hear recommendations for reductions from the budget and legislative analyst. Also on todays agenda are particular training items particular with each departments budget. There will be Public Comment on those items at the time they are heard, and there will be Public Comment on budget reductions after each item is heard. Before i get into the items, my office is releasing a proposed spending plan that totals over 30 million over two years which will be on the boards website. As you all know, its being released before each committee knows the budget. We know that the demand for budget allocations the board received far exceeds far exceeds the available funding. Our office has received budget requests ....