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And it's a top of the hour stocks now the coal penalties at the New York Stock Exchange the cold down down down on the lows.
That's right -- -- were down about -- points or down our triple digits earlier but we're set in the town near taken our cue from Europe.
We see the major averages -- to the downside the Dow down about three quarters of 1% there was talk about.
China and that's not Europe obviously China cutting rates but also the German election.
We talk about Spanish bond auctions that have gone on Greece not being able to get it together over the -- and so that's that's the kind of environment we came -- on top -- and that's -- the board for the -- for the financials on top of the fact that we're still reeling from Friday.
Where we saw -- coming under pressure right with a two billion dollar -- -- maybe it's a three billion dollar loss.
-- they say that's it you know as we're trying to find out more about it.
And as you noted one casualty so down 2% for JPMorgan all the finances are lower earlier we -- -- Duncan Niederauer CEO of NYSE Euronext we talked about.
The Volcker -- which is been obviously under scrutiny and now coming up again after what we've seen.
With JPMorgan here's what Duncan had to say about that.
And I've always said from the beginning the -- vocal role in whatever form it gets implemented you have to allow market making.
Continue it's too important to liquidity for the buy side so I I never thought it was gonna be that far reaching a little -- to hear more about this week.
So he really sad that a lot of these companies a lot of the companies really have been in some way of preparing for the upcoming -- -- Catholic this year.
It -- great interview thank you very much hope.
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