Cheryl welcome to fbn a. M. Good morning, everyone. Im cheryl casone. Lauren good morning, im lauren simonetti. Cheryl all right. Lets take a look at how your money is moving this morning, after the dow fell at the close last night, concluding what has been an incredible 11year bull market run. Right now, the dow is down 1,194, a loss of more than 5 , s p is down 132, nasdaq down 383 in the premarket. All three averages in bear market territory. Investors worry about a global recession. Lauren theyre waiting to hear details from the president s package. Oil is down 5 at 31. 33 a barrel this morning. Cheryl the yield on the 10 year treasury falling on recession fears. It is actually fallen it is a loss of 12. 9 basis points. Lauren sea of red in asia, the jab niece market joining many other markets in bear market territory, down 4 andahalf percent overnight. The hang seng and kospi down nearly 4 . Cheryl italy has closed all Stores Nationwide except for food markets and pharmacies. Righ
Us . Seeing none, closing. Clerk announcements. Item 2, the planning staff report in announcements. Ill mention that commissioner melgards last day was january 30th. Shes resigned her post as a Planning Commissioner. And board president norman yee has nominated a replacement. She went before rules on monday or tuesday and was forwarded unanimously to the full board for their consideration. Thats all i have. Anything . Okay, great. Clerk president s reports and announcements. None. Clerk item 4, consideration of adaption of draft minutes from january 15, 2020. President hyland back to the commission. Clerk on that motion to adopt minutes for january 15, 2020, commissioner black, commissioner foley. Commissioner johns, commissioner pearlman and commissioner so and commissioner mcspadden. That passes 70. And item 5, comments and questions. President hyland any comments, okay, none. Clerk commissioners, consideration of items proposed for continuous. You have one item number 6, 2019022536d
Im on the edge of glory. And im hanging on a moment of truth. Im on the edge of glory. And im hanging on a moment with you. Ill on the edge. The edge. Lauren happy friday. Welcome to fbn a. M. Im lauren simonetti. Tracee im tracee carrasco, in for cheryl casone. Lauren it feels like a tri. Tracee . Tracee a friday. Tracee . Lauren we have all three major averages up significantly, a quarter percent a across the board, ill all three major averages did close at record highs yesterday and are up at least one andahalf percent on the week. Tracee lets take a look at how things are moving in asia right now. Asian shares rising as data did come out showing that chinas economy grew as expected, that was 6. 1 . Lauren and investors in europe responding to two major trade deals with china and mexico and canada yesterday, so green on the board here. The big outperformer is the cac in france, up 1 today. We start with a fox business alert and that is just moments ago irans Supreme Leader praising
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