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Markets Dip After JPM Loss

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  • Description

    FBN’s Nicole Petallides with the stocks moving early in the trading day.

  • Duration 1:19
  • Date

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Think back to JPMorgan Nicole and it would go a little -- on the screen here bottom left of your screens went away now 336.

Now.

Figure 3691.

-- a couple of things you know obviously.

-- is down all the financials are down JPMorgan down nine and a half percent.

That is weighing on the Dow Jones Industrial Average almost half of the Dow's losses are from JPMorgan which is weighing about 29.

Dal points.

Negative Dow points in the last thing I wanted to note that.

While this looks terrible.

In October.

JPMorgan with its 2785.

So it's not annual -- today but clearly it's heavy heavy selling.

And actually have to say that it's not heavy selling all across the board if that one small JPMorgan.

Takes up about half.

Of the seventy point loss for the down.

Can't say that this is a broad based selloff that's not the case financials yes JPMorgan -- -- everybody -- not -- down right.

Why it's enlightening look at the SP 500 were down half -- percent so there's not.

On launching cars -- -- here on -- on what.

Yeah that's -- that we -- down credit we're continuing to sell the moment of course obviously having didn't have a knee jerk reaction to this big JPMorgan analyst all right we're -- -- gonna -- -- -- we'll get back to.

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