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Early Market Rally Fading to Start Week

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Description
FBN’s Stuart Varney breaks down the stories moving the markets early in the trading day.
Duration 0:58
Date Apr 16, 2012

This transcript is automatically generated

Gotta say the rally is fading a little bit -- were up 120 now up just 49 points.

-- -- on political -- a fading rally this Monday morning after dreadful.

Perhaps the big stories and now.

Down again this morning because two big tech giant step down visible apple below 600 dollar -- mark for the first comment about.

Coming got a similar downward trajectory.

From Google none of these two -- isn't -- -- we'll.

Neither is forming on any specific news it looks like it's more simple profit taking -- them down sharply.

-- also -- look at the ten year treasury.

The yield below 2% room one -- 95 that's a signal of a weekly -- a weakness in Europe to that money coming over.

Spain -- Thank more than 6% on the ten year bonds and despite all the problems will still what some -- the previous holes in the -- back.

He's got back in ninety --