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Worst Performance for NASDAQ Since November

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  • Description

    FBN’s Nicole Petallides with a market update before the closing bell.

  • Duration 1:25
  • Date

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Go to Nicole -- -- to talk about what is happening with this market we are trading down going into the end of the trading day Nicole.

It also you could say this trading day really started at 830 when we got that job to report.

Gas wells said Dave that's in the monthly jobs report put a damper on things so that only and recently extended the losses that we've seen this week.

The Dow right now down one point 2%.

And the tech heavy NASDAQ its worst week since sat back in November so clearly we've seen selling across not all thirty Dow components in the red now all right.

Let's talk about oil we have seen it recover the price if -- -- I frankly think it's a good thing when oil comes down from over a hundred.

But -- does look like it's gonna remain under under well under -- Trading out about 98 dollars and 55 after the trade -- what about oil related stocks we can see that some of the energy -- are getting -- All down arrows right when this concerns about the economy you're not gonna get the demand for oil -- We -- higher dollars so we -- selling across support for energy stocks and names like Chevron and Exxon.

Did weigh on the Dow Jones Industrial Average -- very heavily weighted index of.

You know airlines usually.

Comes down because they -- they depend on cheap jet fuel but not so today was a mixed picture.

Are out of us.

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