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Greece Impacting U.S. Markets

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  • Description

    FBN’s Robert Gray on the market selloff.

  • Duration 1:13
  • Date

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Welcome back we continue our countdown of the closing bell what CEO of rattle Wall Street less than half an hour left in the trading day and the -- you see the markets all down nearly 3% or more indicates of the small caps -- the Russell 2000 today and they selling began overseas spilling over our markets we had a lot of concerns still about the Greek debt situation sovereign debt.

The effect it will have on the European banks -- of course in turn on our banks here domestically you could see new.

Lows 52 week or more lows for many of these names you the American depositary receipts -- trade here in the US for the likes of Barclays Credit Suisse Deutsche Bank.

And the national Bank of Greece is well.

Take a look inside our markets here in the US seek a look at some of the industry groups the weakest players here energy stocks tumbling the most.

Down three and a half percent along with the price of crude in today's session material stocks down.

Health care financials pretty much across the board all the industry groups look at a couple of by infrastructure stocks getting sold on the news are getting a lot of support not a lot of faith by investors and whether or not the effectiveness of president Obama's jobs plan after the speech last night.

Or whether it would get through congress are not and you could see the seeking safety plays here treasuries getting bought up the ten year note the yield there at a record low as it falls of course as the us stock busy price rather of the Treasury's move higher.

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