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Markets Down on More European Concern

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  • Description

    FBN's Nicole Petallides breaks down stocks impacting the markets.

  • Duration 1:16
  • Date

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Can't wait for that when we aren't that top of the hour stocks now every fifteen minutes -- -- -- ladies at the floor New York Stock Exchange.

Nicole tell us about the red.

Glad Dennis is out this isn't day here when we came in and we knew they were concerns about Europe the Euro was testing and some 'cause some key support levels the dollar was strong and we -- selling across the board which still is the case however.

We haven't proved so on the Dow Jones Industrial Average now down 1%.

Tech heavy NASDAQ down one and a quarter percent and on the S&P 500.

We saw more than 13 of the stock that were down 2% or more in some Q and -- -- that were costing 200 day moving averages such as Caterpillar.

And Chevron I want to take a look here though act up office Max a smaller type of retail empire office supplies and -- -- got a great indicator.

Above what we're seeing overall.

But this isn't named here that actually beat the street -- -- -- results -- and and do you see this name up about 11%.

They did see sluggish sales growth seen -- -- I don't be fooled by the big.

Job what happened was and keep the streets of the street expectations were lower.

The truth of the matter is they still see slow sales which is not great news for them but you beat the street and it gives -- -- Dan offstage.

Back together -- thank -- -- -- -- -- plus I'm part of the market done on a 130.

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