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Airline heavily criticizing the bailout deal the worlds biggest lighting maker has made a product that can degrade the virus and disinfect indoor areas all the applications we are putting into the markets are safe the good news is that it is also good for covid19. South koreas minister agrees to step down after north korea shows footage of it blowing up on the border a warm welcome from street signs. The stoxx 600 is in the green. There have been a few significant positive developments in the last 24 hours, we had those strong retail numbers come through providing a boost in the u. S. And europe. On the health care front, we had Health Care News the uk major drug trial found that a 60yearold steroid, very common, widely available, cheap drug actually reduces the mortality rate of Covid Patients this is the first drug they have found that reduces death from the vie vus. We h ....
Similar percentage moves for the s p 500 and the nasdaq composite as well. The question becomes after the best week for the dow since 1938 last week, the best week for the s p 500 and nasdaq composite, are we starting to see a market bottom play out . Lets start here with our invest Investment Committee joe, what are we seeing here is this a market bottom we can see developing out in the next couple of days and weeks no one knows the answer to whether this is an absolute market bottom. What is going on is theres a significant trading bounce in the market and a lot of it is predicated on the end of month rebalancing we know will occur into equities. Today, very surprising there seems to be a high degree of optimism relative to the expectation were going to get a significant amount of negative news coming this week in the form of ism in the form of unemployment figures and in the form of continued negativity surrounding riding ....
Plans, and i will be returning to the capital plan and the twoyear Capital Budget. So we covered these in great detail over our multiple public hearings. Im just recapping them before we return them to you to consider them for voting. So the tenyear capital plan and the twoyear budget development, youll remember that i talked about the planning framework of prop e that requires tenyear capital plans. The first two years of the capital plan form the budget request. This is the First Capital plan for cleanpowersf, really focusing on local build. And we went through a new quality review process with all of our capital plan submittals. Amongst the three oh, sorry. Amongst the three enterprises, you can see that waste water represents the largest share of the 9 billion capital over the next ten years, which is why its driving, and projecting the future bill. Here is the tenyear cap ....