Territory in a single trading session. For some, it was even worse than that check out shares of apple down it lost 180 billion in market cap. That is the largest oneday lost for a u. S. Listed company on record if that isnt enough to get your attention. Apple lost more in market cap yesterday than the individual market capitalizations of 470 of the companies in the s p 500 it wasnt just apple microsoft, alphabet, microsoft and even tesla saw their market caps shrink. Microsoft down by 115 billion amazon off by 93 billion. This morning, things look a little better. You still have the dow down 150 points right now, it is reverse that up 300 points the nasdaq saw the biggest declines, up 27 points right now. We have to keep that in context a few things in here as well talking to people all day yesterday, here is the list. Youll want to know exactly what happened it was the nasdaqs largest drop you dont go up 400 and down that will be highspeed trading. That would matter until they do. Va
Seriously when you have such weakened trading volumes. In oil, a choppy session overnight after a big gap down sunday. The direction now depends on when the Global Economy will be able to open up, and that will be the indicator for all of the economic data, as well as risk appetite. Time for todays market moving news from our new york team. We begin with a historic price deal. Plus coming to an agreement to to cut minutes output. ,inutes after the deal was done the Saudi Oil Minister saying that opec is up and alive. With more is in reordering. What do we with more is annmarie hordern. What do we know now . Annmarie they were able to finally clinch this deal, 9. 7 Million Barrels a day. I would say that the main takeaway, goldman put it as historic, but insufficient, given how bad the demand loss is and how bad the supply glut is. These cuts of 9. 7 Million Barrels a day. We should also say that goldman puts it at 4. 3 Million Barrels a day, when you take from First Quarter levels, ass
Please make sure to silence all cell phones on electronic devices. Replace speaker cards and any documents to be submitted to the clerk. [reading notes] item number 1, 180777, ordinane amending the planning code to require a conditional use authorization for employee cafeterias, as defined, within office space, except for existing employee cafeterias; affirming the planning departments determination under the California Environmental quality act; making findings of consistency with the general plan and the eight priority policies of planning code, section 101. 1; and adopting findings of public necessity, convenience, and welfare under planning code, section 302. We had to make some amendments i had to set for one week. Anything you would like to add about this legislation . Clerk just to reiterate that we were to considerable amount of time with all of the stakeholders in i feel like weve got most i think we are in good shape. It is an honor to be your cosponsor. Does mr. Sanchez, not
Clerk. [reading notes] item number 1, 180777, ordinane amending the planning code to require a conditional use authorization for employee cafeterias, as defined, within office space, except for existing employee cafeterias; affirming the planning departments determination under the California Environmental quality act; making findings of consistency with the general plan and the eight priority policies of planning code, section 101. 1; and adopting findings of public necessity, convenience, and welfare under planning code, section 302. We had to make some amendments i had to set for one week. Anything you would like to add about this legislation . Clerk just to reiterate that we were to considerable amount of time with all of the stakeholders in i feel like weve got most i think we are in good shape. It is an honor to be your cosponsor. Does mr. Sanchez, nothing from planning, is there any Public Comments on item number one . Seeing none. Public comment is closed. If there is no object
Okay, there is no fine for this. Do they have to run the title . Please make sure to silence all cell phones on electronic devices. Replace speaker cards and any documents to be submitted to the clerk. [reading notes] item number 1, 180777, ordinane amending the planning code to require a conditional use authorization for employee cafeterias, as defined, within office space, except for existing employee cafeterias; affirming the planning departments determination under the California Environmental quality act; making findings of consistency with the general plan and the eight priority policies of planning code, section 101. 1; and adopting findings of public necessity, convenience, and welfare under planning code, section 302. We had to make some amendments i had to set for one week. Anything you would like to add about this legislation . Clerk just to reiterate that we were to considerable amount of time with all of the stakeholders in i feel like weve got most i think we are in good