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That yield. Yield does go thats yield. Yield goes higher. Crude oil is the key to this market. Geez. I say that before my friend to the right of me says it. Wow. Were above 50, jim. Thats a move. Its for real. And that seems to be having a broad impact as you might expect on so many markets which we will get to as we start the road map this morning. Glencore higher in the premarket. It plans to cut production, but alcoa lower on weaker than expected results. Tesla gets a downgrade while elon musk lobs a put down at apple. Oh, yeah. A bit of a smackdown. And gap shares are down almost 8 in the early trading. That on declining samestore sales. Well, oil prices as we said, extending gains. Crude on track to post the largest weekly increase percentage wise in six years. Shares of glencore also up. That after the Company Announced plans to cut annual zinc production by a third. And alcoas falling after it posted weaker than expected ....
Well, i think that compensation of football coaches is very high. And each university exists in a marketplace, unfortunately. Having a cap on football coaches salaries would be an interesting national discussion. But its not one i want to participate in. Why not . You sound reluctant. Explain that. I think that the question about capping any professions salary, whether its a coach, entertaining, ceo is a more complex discussion than we could take on this morning. But we do live in a marketplace. If youre trying to attract top tier coaches at any school, youre competing with those coaches for the employment of those coaches with other schools and i think thats whats driven these salaries to a level where they are. Dr. Linder at the university of nebraska lincoln, what is the state of tenured professors . How many do you have . How does the process work . At the university of nebraska lincoln, the tenure density is around 60 . And the process at the university of nebraska lincoln is a fa ....
Well, i think that compensation of football coaches is very high. And each university exists in a marketplace, unfortunately. Having a cap on football coaches salaries would be an interesting national discussion. But its not one i want to participate in. Why not . You sound reluctant. Explain that. I think that the question about capping any professions salary, whether its a coach, entertaining, ceo is a more complex discussion than we could take on this morning. But we do live in a marketplace. If youre trying to attract top tier coaches at any school, youre competing with those coaches for the employment of those coaches with other schools and i think thats whats driven these salaries to a level where they are. Dr. Linder at the university of nebraska lincoln, what is the state of tenured professors . How many do you have . How does the process work . At the university of nebraska lincoln, the tenure density is around 60 . And the process at the university of nebraska lincoln is a fa ....
Office. I think it could maybe you would like to have this on your desk. Ive been waiting for it for years. Thank you. And our last question, as the head of wells fargo, how often do you get to ride in a stagecoach . Well, ill give you a quick deal. The stagecoach, if youve ever seen one, it had capacity for 18 people, 9 inside and its not very big inside and 9 on top. Its actually a very unique design in that they used straps, leather straps as part of the suspension. And its really an interesting wonderful part of our culture and its an iconic brand. Thank you very much, everybody. I really appreciate it. [ applause ]. Ladies and gentlemen, ladies and gentlemen, thank you all for coming today. We are adjourned. Here are a few of the comments we recently reviewed from some of our viewers. I enjoy cspan everybody and i enjoy watching cspan3 to watch real america every sunday afternoon at 1 00 p. M. Pacific time. I love real america. Ive never missed one episode. Please keep real americ ....