Record close since february 12th. Right now, its above that at the moment. So we look to the s p 500. That should set its first record since september 2nd. Its 23rd record of the year. We have that moving higher right now pretty significantly. The nasdaq just a bit off the mark at the moment. From the Pfizer Vaccine developed in conjunction with German Company biontech and the stock basking in the halo effect from the blockbuster announcement to the mask makers and Rapid Testing stocks on the move. Weve got team fox business at the ready. Market mavens bill snead, jon core pe corpino and Tracy Maitland and Hillary Vaughn live in delaware, with the president elects plans Just Announced and how it might affect your money. The two matadors in charge of todays record bull rally, pfizer and its german partner biontech. Both stocks hitting 52weeks highs on the news that their covid19 vaccine candidate is more than as we said, 90 effective. Pfizer jumping 8. 33 at the moment. Biontech up 15 .
Starts. That means demand up for Mortgage Applications, supply going up in the future. That follows a remarkable improvement in the outlook for home builders. They are much more optimistic. The housing rebound would give the overall economy a real boost just when it really needs it. Now lets get to the market. Again, look at this. We are going up again, not much, going up at least at the opening bell. The rally continues. The dow up maybe 70. S p, maybe 10. Nasdaq, better gain, up nearly a half percentage point. Thats a 46point gain for the nasdaq. Okay. The fed is printing money. Theres a new stimulus plan in the works. Retail sales saw a huge increase, a positive News Development on virus treatment plus real estate and you add it all up, youve got a continuing stock market rally. Weve got a big show for you today. The president s reelection hangs on the economy which is coming back strong. So why is he trailing joe biden in the polls . We will address that. Social distancing is the b
That is boeing. Today, there will be a test flight for the max jet. It will be put through its paces with all kinds of maneuvers. The results, recorded. This is part of the recertification process. The stock is up 5. 5 . Watch this stock, too. Facebook. The list of companies which will no longer advertise on it is growing. They want founder Mark Zuckerberg to weed out what they call racist or threatening or misleading advertising. That stock is down bigtime, seven bucks. How about this. Politico says the president has told close aides hes worried about losing in november. Former new Jersey Governor Chris Christie says mr. Trump will lose if he doesnt change course. 127 days to the election. Joe biden leads. The virus is coming back. And the market is rallying. Welcome to the monday morning edition of varney company. Stuart im going to start with boeing, almost two years after that fatal lion air crash involving the max jet. They are set to begin recertification testing. Susan, come in,
Revised for 18 months, the airport finance staff does indeed have a threeyear economic Recovery Plan that will be part of our budget process, the revised process that will go through our Airport Commission and the board of supervisors in a couple of months. So i just wanted to clarify that. Thank you. President fewer thank you very much. Colleague, any comments or questions . We heard the report last week so lets open this up for Public Comment. Any members of the public to comment on item number 1 . Clerk operation is checking to see if theres any callers in the queue. And please let us know if there are callers that are ready. If you have not already done so, press 1, and then 0, to be added to the queue. For those already on hold, wait until you are prompted to begin to speak. Madam chair, there are no callers wishing to speak. President fewer thank you very much. And id like to make a motion to move this to the board with a positive recommendation, can i have a roll call vote. Cler
Good afternoon. Welcome to the Land Use Transportation Committee for with monday, may 11, 2020. I am the chair of the committee, chair peskin. Clerk, do you have any announcements . Clerk we, due to the covid19 pandemic, the board of supervisors legislative chamber and Committee Room are closed. Members will be participating online as if they are present. Channel 26 and online we are streaming. People will be allowed two minutes to speak. Ability to make comments are available by phone by calling 8882045984. The access code is 3501008. Press pound and then pound again. When you are connect with, dial 1 and then 0 to be put in the queue. When you are waiting, the system will be silent. You will be notified. Everyone must account for time delays between live coverage and streaming. Best practices are to call from a quiet location, speak clearly and slowly, and turn down your television or radio. Alternatively, you may submit Public Comment by emailing me. If you submit Public Comment by