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Cops Remove Protesters From Zuccotti Park
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FBN’s Diane Macedo breaks down the stories moving the markets around the world.
- Duration 4:24
- Date Nov 15, 2011
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FBN’s Diane Macedo breaks down the stories moving the markets around the world.
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At some of the numbers ahead of opening bell on glossy right now futures have been down in the red on morning Dow futures are down by about 74 points.
The S&P is down by nine and the nasdaq's down by thirteen now for a full preview of the trading day let's go over to the -- -- on the floor of the New York Stock Exchange.
Hey good morning Diane good morning everybody -- on -- down arrows here.
For the futures as expected right we've been talking talk so much about the worries over in -- -- -- the Italian -- back above.
7% worries over in France yesterday we talked so much about Spain at least the traders were talking about Spain.
So the big picture here is that we continue to worry about the -- nations in Europe in particular.
And the dollar is gaining about a percent against the Euro so that's it was pressuring equities what are we going to see here let's talk about the financials like its I had just -- the bid ask.
On the financial looking in -- name like Bank of America pretty flat for the moment so.
That'll be interesting because we have seen a week we saw -- week last week we saw -- week the last yesterday.
We'll see whether or not they drive this market one way or another also Dow component Home Depot right trades I had in my -- I'm sure.
Fed's going to be a busy post this morning.
It was looking to the upside after they came out with third quarter profit gains which exceeded the analysts' estimates so that was some good news for the Dow component don't -- yesterday we talked so much.
About Lowe's also we see Dick's Sporting Goods jumping to the upside this morning up -- over 5% of that is coming out and looking good.
As well I see other names in the news as well as Staples and PepsiCo.
Urban Outfitters will be another hot stock and of course Warren Buffett we.
And finally I heard all about the buy ailing.
Yesterday we talked about IB -- right and he and his investment there which really surprised a lot of folks because Berkshire Hathaway really not so hot on tech in the past.
However after the bell we heard about other names including.
Intel so that's it Dow component as well also watch Jintao today that general dynamics on their -- -- CDS.
So what you want to invest like Warren Buffett the list is out you can get in on the gave as lot.
So this is what we are looking at here -- the dollar higher and equities and commodities coming under some pressure this morning back to you to.
I about the keeping us on -- technical.
And we got more stuff last month retail sales numbers rose by a bigger than expected five tenths of a percent.
Take at the auto component and sales were up six -- that the biggest jump in seven months producer prices were down three tent that was a larger than expected decline.
The core index which excludes volatile food and energy prices was unchanged.
We also got this month empire manufacturing index from the New York fed and it came in with a positive reading of six -- That ended five straight months of contraction.
Now let's get the latest on weather -- meteorologist Maria Molina and our Fox Business by the center.
Hey good morning day and we do last month I don't whether all associate with a large -- fund that basically stretches from the northeast down into Texas so we live in the northeast.
-- in -- city and Philadelphia gonna see some showers for the first half of the day.
And and that activity should get heavier.
As he had into the nighttime hours and also tomorrow otherwise Atlanta some showers today Chicago and -- destroy -- basically drying things out because that system has already pushing parts of the Great Lakes.
And here's a look at -- where so some of the heaviest rain is following along interior portions.
Other northeast and also along the mid Mississippi Valley -- I thank three and -- gonna go back over to Robert Gray -- live from -- -- park where protesters.
Were evicted earlier this morning but now looks like they've secured a restraining order against the city -- what is this restraining order gonna -- Yeah they -- indeed have a restraining order which it it gives them the right to go back into the park with stands -- -- -- up.
Restricting the city from enforcing the rules of the park Mayor Bloomberg says they -- -- gonna go and roads and I would appealed that ruling here as you can see there are some protesters milling about.
Police are actually lining up now again here on the west side of the park near where we are standing right now -- so we're waiting to see what happens they -- allow some of the protesters back and for a few minutes I just around 8 o'clock.
And then they closed on the market and eventually addicted them once again so they've been -- twice actually after the overnight addiction which -- featured several hundred police coming and and removing several hundred protesters there and then.
Followed by -- sort of -- four -- whitewashing of the park Diane back to you.
Higher average thank.
Taking a quick look at commodities oil and gold are both down.
Imus in the morning continues right now on Fox Business giving you the power to --