Page 55 - First Second News Today

Starting the quarter with gains. The nasdaq was up more than 1 by an alltime high. S p was up half a percentage point. The dow was up slightly. A decline of about 0. 3 . Burke buckle your seat belts a lot to come. We have been watching what is happening with the futures at this point, all three in the green. The dow up almost 200 points all coming before the big jobs report the last trading day of the week before a long Holiday Weekend for the 4th of july. You could see some activity happening h...

Nasdaq nosedived the worst day since march. The lesson things got too easy. Everything was working every sector, the airlines, oils, health care, cruise lines, transports, blanks, retail, tech until a few days ago, picking winners, you know what it was like it wasnt like shooting fish in a barrel, it was like machine gunning fish in a barrel when it getz that easy, when everyone thinks theyre smarter than warren buffett, you know youre in a real bruising. A genuine roll back, and sets back the n...

Scalia talks about the trump administrations economic Recovery Efforts in the wake of the coronavirus pandemic. This event hosted by the Heritage Foundation was held by videoconference. I would like to introduce a great friend of the Heritage Foundation and wonderful member of the administration to work with. It is fitting that we have with us today secretary of labor eugene scalia. A secretary he plays a Critical Role in the american recovery from covid19. The Labor Department has a central rol...

Meeting. Madame clerk, would you please call the roll . Thank you, mr. President. Supervisor fewer present. Han haney . Well return. Mandelman present. Mar present. Peskin present. Preston well return. Ronen present. Safai. Stefani present. Walton present. Yee present. Haney present. Safai okay. I received a message that supervisor preston is having trouble signing in. So we will make a note of that, mr. President. And the minute on which he arrives. President yee thank you, madame clerk. Please...

Americas grim reality, new virus cases hit daily records in florida, california, and texas. The imf sees a deeper global recession than it predicted two months ago. Lufthansa biggest shareholder says he will back a 9 billion euro government bailout, getting the rescue plan a shot of momentum ahead of a crunch about later today. A bid for closure, the chemical giant spent more than 12 billion to settle thousands of roundup cases and other u. S. Losses. A significant number of cancer cases claims ...

Happy monday. This is bloomberg surveillance. Khan Francine Lacqua in london. Lets get to your markets. Investors, trying to win a number of infections rising with all of the extra stimulus being put out. If you look at what the market is focusing on, stocks are falling, gold is nearing highs on concerns about the virus, treasuries on the dollar hovering below 40 a barrel in new york. Market checks through the day. Lets get to the first word news in london. Here is dani burger. Disappointing cro...

Items to infrastructure, housing and Small Businesses. This will be our 11th remote hearing. Im requesting everyones patience in advance. Platforms are not perfect at all. If you are speaking, please mute if youre not speaking, please mute your microphone and turn off your video camera. Do not hit any controls that may affect other participants. Public participation, sfgovtv. Org is forecasting is streaming the hearing live and well receive Public Comments on todays agenda. Sfgov tv will broadca...

Some because of fireworks paired with smokes from fireworks is causing air quality issues this morning. 56 degrees. Wind speeds at 17 Miles Per Hour in walnut creek. 65 degrees already and we will be warm again. Just to give you an idea about five degrees warmer in livermore, san jose a few degrees there. Todays micro climates highs in the 70s, 80s and 90s. A spread of good old micro climates. Now San Francisco yesterday did hit a high of 76. And here is what im talking about air quality, down t...

Add that to concerns over the virus caseload and youve got this. The dow industrials, down 700 yesterday, down maybe another 200 this morning. The s p down 80 yesterday, down another 20 today. The nasdaq yesterday, down 200 points. Today, down about 13 points. A sea of red ink over there. A big loss especially for the dow. 1. 48 million new jobless claims this past week. Now, thats not a good number and it pushed stock prices just a little lower when that news was released at 8 30 eastern. Now, ...

Present. Supervisor stefani. Present. Supervisor walton. Present. Supervisor yee. Mr. President. All members are present. Thank you. Please join me in the pledge of allegiance. Place your right hand over your heart, please. I pledge allegiance to the flago f america and to the republic for which it stands, one nation under god, indivisible, with liberty and justice for all. Thank you. On behalf of the board i would like to acknowledge the staff at sfgovtv who record each meeting and make the tra...