This follows the fed chair powells comments on an uncertain economic recovery. Airline stocks are lore wer as e group pushes for more money. Time we got the details on that. Later moderna laying out its time line for vaccine as President Trump and the cdc contradict each other about when one will be fully available to americans. Maybe were splitting hairs a little bit maybe not. Well separate fact from fiction. Kelly, bye it feels strange to be this close to someone other than any husband. Lets take a look at the big board behind me. Whats leading the way industrials and materials. The only two sec sotors in the frie green. Thats the trend we have been seeing this week its the opposite story for tech down today down about 8 in september after an epic run for this group. Lets get over to bob. Hello most of the big megacap tech stock amazon, facebook, apple are down were getting one of these periodic boost from the cyclical slash value, slash reopening look at these material names and in
It was the big gainer. It closed at an alltime high. Tech has been leading the way. Sales force, facebook, taketwo and qualcomm at record highs you have to watch one stock in particular apple. After more than 10 gain on friday and thursday night, it closed up 2. 5 to an alltime high percentages away from hitting the 2 trillion market cap that 4 to 1 stock split is hit that price has to sit 477 not far off. Weve been talking about the pressure that has been put on yields in the treasury market. Right now, the 10year note at 0. 45 . Scott . Becky, im listening to you talk about tech and these companies. We have to get ready to talk nasdaq 11,000. As crazy as that would sound, we are on the doorstep. In spitting distance, basically. Unbelievable. Largy carri largely carried by these big five apple, amazon, facebook and alpha bes alphabet and microsoft looking back in march, would you have thought we would be talking nasdaq 11,000 by summer . No way. There is reason for it if you look at s
It represents commerce, navigation, all of the things that San Francisco is famous for. The wood you see in the board of supervisors chambers is oak and all hand carved on site. Interesting thing about the oak is there isnt anymore in the entire world. The floors in china was cleard and never replanted. If you look up at the seceiling you would believe thats hand kof carved out of wood and it is a cast plaster sealing and the only spanish design in an arts building. There are no records about how many people worked on this building. The workman who worked on this building did not all speak the same language. And what happened was the person working next to the other person respected a skill a skill that was so wonderful that we have this masterpiece to show the world today. [roll call] item number two, pledge of allegiance. Item number three, approval of minutes for the june 9, 2020 Port Commission meeting. So moved. Second. All in favor. Aye. Sorry, roll call vote. [roll call] thank y
Building inspector. And we also expect chris buck, urban forester with San Francisco public works. The Board Meeting guidelines are as follows. We request that you silence all phones and other devices so they will not disturb the proceedings. Please carry on conversations in the hallway. Each are given seven minutes to present their case and three minutes for rebuttal. People affiliated with the party must include comments. Members not affiliated with the parties have three minutes each to address the board. To assist the board in accurate preparation of minutes, youre asked to provide a name. Speaker cards are available on the left side of the podium. The board reserves the right to not call an item after 10 p. M. Please speak to board staff during the break, or after the meeting. We are located at 1650 mission street. This will be rebroadcast on fridays on channel 26. The video is available on our website and can be downloaded from sfgovtv. Now well swear in or affirm all those who i
The Health Care Bill though seems to be at this point happening on by a thread with growing number of holdouts ahead of the vote next week. We have live update from capitol hill where things stand right now. It has been exactly two years, meantime, since the Iran Nuclear Deal went into effect. What changed between now and then . Well hear from the state department on that. Jpmorgan Ceo Jamie Dimon is fed up with the government gridlock. He is not going to take it anymore says jamie dimon a heated Conference Call this morning and reaction to it, from forbes media chairman, steve forbes. Melissa back to record new highs. Dow with a the third record in a row. Nicole petallides on floor of the new york stock exchange. What is fueling these new records . Everyone is loving it, 401 k s, iras, new records go for it. Up 86 points. What fueled reports on retail sales and inflation. It said the fed may or may not raise those rates at end of the year. It may hold, not raise them. That ultimately