There was an endeavor to get to the city yesterday but we were landlocked yesterday, drove into the city under the trees. It was a little scarey we are back and it is nice to be here it feels like home good to have you back, andrew this is the situation that we probably havent given focus it deserves still millions without power 1. 4 million in new jersey without power. I know connecticut was hit worse. That storm even though a tropical storm, not a hurricane, stronger than anticipated. The wind event and damage significant. I appreciate it still trying to dig out from that today a lot of people that will be without power for days starting with the markets this morning. The nasdaq on another record six straight games it closed just below 11,000. Just north of 10,998 youll see this morning, us equity futures are not pushing above the 11,000 mark just yet six days in a row weve seen gains. This morning, indicated down by 20 points. The fourth day of gains for both the s p 500 and the dow
The city has not seen widespread infection from the coronavirus. Still, she says more than 5300 people there are subject to mandatory quarantine. Hsbc revealed an employee in hong kong is one of them. The bank is urging workers who came in contact with a person to stay home for 14 days. House Speaker Nancy Pelosi is backing President Trumps assessment by the proposed by american ally doing business with huawei. Speaking at an International Conference in munich today, Speaker Pelosi warned european allies to steer clear of the chinese tech giant as they build their next Generation Cellular networks. She added, doing business with huawei could embolden chinese president xi jinping as he undermined democratic values, human rights, economic independence, and national security. Global news 24 hours a day, onair, and on quicktake by bloomberg, powered by more than 2700 journalists and analysts in over 120 countries. Im mark crumpton. This is bloomberg. Live from bloomberg World Headquarters
The nasdaq is the leading indices and oil hitting a threemonth highly after military strikes in the middle east energy is the bestperforming sector today joining us for the hour is josh brown, ceo of Ritholtz Wealth Management josh, obviously seeing a little profit taking here is this a tax situation scenario or is there more to read into about losing steam and sentiment . If you see profit taking on the what penultimate the penultimate is that not an american word as well . It is, we just dont use it as much. And it doesnt sound as good when i say it. It doesnt, sorry when youre seeing profit taking on the second to last day of the year, thats not tax related, but it could be front running what others suspect might be fax related, meaning look at a typical investment portfolio this year, if they own sector etfs, for example, they have a ton of Technology Large cap tech has done unbelievably well this year. Or if they own individual names. If you own apple, youre up almost double. Now
Think those programs really to make sure with owe are able to grant this to be fund year after year and thank you. Any further Public Comment Public Comment is closed. And next have item 4. 4. Directors report. Or directors update. Thank you president interim alexandertut to the members of the building Inspector Commission im director oriordan. That better. Yes. So i want to startcy thanking president interim alexandertut for joining us and other commissioners that joined remotely early this month a change to see see initiative were workinging on and to share the progress towards the goals. A great the subject property to welcome new staff and recognize theyre Services Milestones and theyve achieved by especially by alonger employees i want to thank you are executive team and administrative teams for helping make the event successful and hope to see i all again next year. I also want to highlight three last week dbi team dealt with the City Attorneys Office to file and lawsuit against
Hours, a few thunderstorms have pushed across scotland, those have faded away, and the rain will drift further north overnight. Some clearer skies coming into the south, a few mist and fog patches and here we will have the lowest temperatures, could be as low as two or three degrees in the west country. Tomorrow, north wales, Northern England, Northern Ireland and much of scotland will have a cloudy day, misty and murky over the hills, bit of rain left over, most of it for Northern Ireland, sunshine to the south, that could give us a few showers into the south east. We may get a few thunderstorms in the north West Of Scotland with a bit of sunshine helping to trigger those, 19 degrees in the highlands. A warmer day than today across Southern Parts of england and south wales and the midlands, 16 or 17 degrees. A bit more sunshine on the way on sunday, should brighten up a bit across northern parts of the uk but that could trigger a few showers, thunderstorms in eastern scotland, Cloud A