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Dow Pulling Back

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  • Description

    FBN's Nicole Petallides breaks down stocks selling off on the Dow.

  • Duration 1:27
  • Date

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Funds stocks now cut the top of the hour -- -- the Dow is on the decline we're -- -- -- the golden I was.

Numbers against the could've -- -- you think about it.

-- you could live -- pineapple under the safe.

We're looking here at the Dow Jones Industrial Average that's right now is down one quarter of 1% we've taken in a lot of economic news today's -- the jobs numbers.

And what we're seeing here is the Dow is pulling back -- we're not too far off of the all of the out the highs the multi year highs that we hit earlier in the week of thirteen thousand.

33.

Eight so let's look here at the -- -- today to see we're selling off here and -- the thick of earnings season look at a name my Green Mountain Coffee -- for example.

Which came out with its numbers and weaker than expected sales last quarter that make security K -- the individual copies and also the -- and so with that sales won't they were growing weaker than expected.

The selling here on Wall Street is unbelievable when you see it down nearly 49%.

And when you look at in the long term charts going back to the levels where it was in 2010.

But a long term chart shows you that this stock panic you -- up.

And basically is almost running back to those lower levels it was flat for a long time as you can see there -- that long term chart Prudential Financial another name.

That we continue to watch -- also selling off swung.

To quarterly loss -- -- rising disability claims at that didn't bode well for them down eight point 1%.

At the moment.

Back to you.

I think it holds weekly.

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