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Weak Housing, Jobless Data Moving Markets

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Description
FBN’s Stuart Varney breaks down the stories moving the markets early in the trading day.
Duration 0:55
Date Apr 19, 2012

This transcript is automatically generated

Offensive line.

I'm calling him weak economic reports about this morning when they came out the Dow went down now -- -- around and the Dow is up 38 points.

We had weekly jobless claims existing home sales economic activity in the -- cities.

All of it would disappointing the Dow went down but now we're -- -- up.

Explain that.

Lots of stocks in the news this morning -- with a big IPO to -- expensive luggage.

Trading opened about an hour ago eighteen dollars a -- -- now -- 26 up 45%.

Stanley black and actively to my get disappointing profits analysts of downgrading the stock it's -- and a half percent.

He -- soaring to its highest level in more than four years strong profits thanks to hate how you guys -- 41.

Yum! Brands the parent company Taco Bell and KFC -- big business in China seeing some slowing in the latest quarter.

And the stock is now back in ninety seconds with the latest on that.