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
Continues to debate the next stage of emergency measures. And as the nasdaq underperforms. Its very interesting. What is the biggest driver of it is yesterdays winners that, thomas leading the declines is it that people are at home with more stimulus money that sort of a narrative in the all fangangs, tesla, zoom, ebay. Media. What do you think it is . The dow up is 1 s p 500 is up about 0. 6 , sara well, its no the so much to big show coming up. Jonathan tisch will join us and to go out for a walk anymore the Face Covering debate for people are sitting at home and doing whatever they can do on hotels hell talk a little nfl. The screen plus, testing delay snarl and training is very exciting efforts to trace and control the virus in this country, well thing. Speak with the ceo of labcorp. And what about the regions, thomas is this big jump particularly an individuals activity only so and were talking about a massive afternoon of earnings, prominent in the u. S. Or elsewhere too . Snap,
Speaking to him later on in the hour, as well as Bracken Darrell. Lets get back to that leaderboard. U. S. Equities shaking off whatever tensions we do see within china. You have some positive news about the u. S. Buying some of its vaccine. You could see it tested as early as the end of the year. I do want to highlight the euro. Bid, very much soft. A bit here in the 10 year, but the 10 year real yield hit its lowest level since 2012. That means gold is also popping. We are going to break down that later on as well. Overarching story is the conflict between the u. S. And china recently heating up. The u. S. Ordering the closure of the consulate in houston. Eijing vowed to retaliate for more we are joined by state Department Reporter nick. What actually happened and what do we look for Going Forward . Big is that the u. S. Shut down chinas consulate in houston. It is unclear whether they believe specifically there was a great deal of espionage and intellectual property theft connected
June 18, 2020. Government audit and oversight committee. Sfgovtv. Good morning. The meeting will come to order. Welcome to the thursday, june 18th meeting of the government audit and oversight committee. Thank you to this committees clerk, john carol and thank you to sfgovtv for staffing this remote meeting. Mr. Clerk, do you have any announcements . In order to protect Board Members during the Health Emergency the board of supervisors legislative chamber and Committee Room are closed. This is taken pursuant to various local, state and federal orders and directives. Committee members attend through video and participate to the same extent as if physically present. While the comments will be available for each item. Cable 26 and sfgovtv are streaming the call in number across the screen. Comments and opportunities to speak are available at 415 6550001. Once connected and prompted to the access code which is 145 4314683. Then press pound and press pound a second time to be connected to t
Decide not to do that, it is very important for people to meet outside, wear face coverings, social distance, hygiene measures that i talked about. Be thoughtful how we engage outside of our immediate house old with people highest risk of dying from the disease, people older with chronic conditions. Given what we are seeing in San Francisco and across the state we are having increasing cases. San francisco knows how to do this. We did it and i am grateful for everyones contributions. We did it in march, april, may. We can do it for the fourth of july. Thank you. Next questions from cathy novak with k cbs for dr. Colfax. How willin how many patientsn quentin are treated in San Francisco hospitals . 18 patients transferred from san quentin to San Francisco hospitals. Second question for dr. Colfax. Are San Francisco hospitals preparing to receive more patients from san quintin . Is that going to affect Hospital Capacity. Right now it is good for indicators. People can find it on data sf