Fox Business
Expand
Browse All Video
Watch Live

You're watching...

Stocks Down on Post-Election Eurozone Concern

Details

  • Description

    FBN's Nicole Petallides breaks down how European news is impacting stock prices.

  • Duration 1:12
  • Date

Clips

Also in this playlist...

Latest Video

Auto-advance: ON

Auto-advance
View All

Transcript

This transcript is automatically generated

Bottom line.

It is noon on Wall Street -- am on the West Coast as it every fifteen minutes stocks now in a cold results of the European elections certainly a concern for traders on the floor today.

Soledad S that's right we've been to the downside all day long -- -- up off Carlos the futures were down even more so we recovered some of that.

But the big picture here is that Europe really is setting attendance today right last week it was all about jobs today we're focusing once again on Europe.

And you noted employs over in France right -- social selections the strong bond and so with that.

That's one reason or another is that over Greece other elections and those on those folks of course -- and austerity measures and you put that together -- the euros lower the dollar is higher and that pressured equities and commodities.

I'm were also taking a look at names that are in the thick of earning season in coming out with numbers so what -- take a -- look.

Act cognizant this name has tumbled today you see it down more than 16% -- was down 20% sharpest fall in about four and a half years to an eight month while they do.

Information technology and and consulting services and they just not seeing the banking demand -- pharmaceutical and and that they help.

And so the stock to the downside by more than eleven Dallas -- to continue.

Load More