Years. That is the best month of the year, im connell mcshane. This is the closing bell. Time for news of the hour. Jackie deangelis in new york, blake burman in white house, Hillary Vaughn with the president elect in delaware and Edward Lawrence in washington with the latest on the covid19 relief deal. A lot of moving parts well get into. The market is back in rally mode. Good afternoon, jackie. Reporter good afternoon, connell. Well talk about the records we set today with the s p 500 and also the nasdaq. Look at the gains there we beat what we were expecting handily. You only needed 16 points on the s p and only needed seven on the nasdaq. This was a strong broad based rally today what is interesting big tech continues to gain on this momentum and continues to go higher from there. Facebook, apples, amazon, microsofts of the world are continuing to climb up. That is something you expect to hear. Again it wasnt just tech, it was broadbased. Look at the dow winners you can see we have
Happening in San Francisco as it relates to covid19. As of today, the total number of cases in San Francisco are 13,139. The total number of hospitalizations are 36. Sadly, the total number of deaths has reached 151, and we are seeing 5,000, almost 6,000 tests per day. Our Positivity Rate has went from a record low to now 1. 28 , and what does all this mean . We are seeing an uptick. Two weeks ago, we put a pause on our reopening efforts, and we made it clear to the people of San Francisco that we are seeing the number of cases increase, and we should be concerned. We had plans. We had plans not only to continue our reopening efforts, but we had planned to really expand so many services, so many businesses, and a number of other i think thisethings, o weeks ago, we knew we were probably headed in this direction, and sadly, what were seeing today has put us in a situation where we have to take a moment and to recognize that there is a problem. The upticks that we have seen are really a
Afternoon, everyone. Thank you so much for joining us here today. Were here with dr. Grant colfax of the department of Public Health to provide a very important update around whats happening in San Francisco as it relates to covid19. As of today, the total number of cases in San Francisco are 13,139. The total number of hospitalizations are 36. Sadly, the total number of deaths has reached 151, and we are seeing 5,000, almost 6,000 tests per day. Our Positivity Rate has went from a record low to now 1. 28 , and what does all this mean . We are seeing an uptick. Two weeks ago, we put a pause on our reopening efforts, and we made it clear to the people of San Francisco that we are seeing the number of cases increase, and we should be concerned. We had plans. We had plans not only to continue our reopening efforts, but we had planned to really expand so many services, so many businesses, and a number of other i think thisethings, o weeks ago, we knew we were probably headed in this direct
With a pan come up with a plan. Does actually get through congress . , i dont think it does. I think it is very little chance of getting through the senate. That is one of the many reasons why i remain with my 10 likely to have a stimulus deal before the election. This is just not going to happen. The parties are in four different places dependent on which faction you are talking about, all the way from zero to 3. 5 trillion. Theres no time to come around to something before the election. Guy who does this work for . . It clear he doesnt work for the American People if we dont get a deal. If nancy pelosi can figure out a way to get a deal with the white house and have it blown up for mitch mcconnell, is that something that works for her politically . Terry i think it doesnt work for her politically. You have to understand why she is where she is. Once upon a time, it was magically 3. 5 trillion or forget about it. Then all of she came down over 1 trillion under pressure from her politi
That we need to address and adding more service. Or whether we can bring back a new route. Those are the things that we have. Two other factors are geographic distribution. From the beginning we only had 17 routes. We made sure that every single neighborhood was within a mile of a transit. We are now getting closer to half a mile i. In normal times we have a standard of quarter mile. The last factor is essential destination. Making sure each neighborhood, especially neighborhoods where people are less likely to have other options are connected to hospitals, Grocery Stores and other essential business. Thank you, i will open up now for questions. Just to remind participants who are listening, the council has chance to ask questions. We will open it up to people who are in this meeting. I will start off. Sandra, when you were talking about how you approached your decisionmaking for where the routes are going, was that a decisionmaking base on traffic prior to covid or during covid . I wo