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FBN’s Nicole Petallides on J.P. Morgan and Morgan Stanley weighing on the financial sector.
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OPEC Levy's on the floor the New York Stock Exchange and financials in general seeing that.
The largest one day plunge in -- -- what are the traders -- -- -- still reaction to JPMorgan.
Actually it's a culmination of so many things certainly JPMorgan on the -- but we saw last Friday and it's.
Moving into today right -- not completely ironed out and it's certainly on the forefront.
Also just the need to get out of here across the board from -- from Germany from from also agrees we have China.
All of these things come together and that looks fresh from the markets markets that have been selling off for two weeks together not -- I'm not yeah.
-- we call the dollar was we were talking about showing some strength today although I think -- mold of weakness in other areas but.
United suddenly as we say putting pressure on commodities how some of those commodity related stocks reacting.
Well commodities themselves or to the downside commodity stocks are lower as well so when you look at names like Freeport background that's copper and gold we -- energy stocks followed.
I'm using clips VC Potlatch Tuesday basically all those sectors are lower today the only areas of little bit of -- -- in utilities and health care consumers into more defensive plays and even those from our help but let's not forget group bought up.
18%.
So that was a huge shining like today shares of that company searching before the -- report we're waiting to hear on this again.
It may be just a results report because they are expecting just depending on revenues of 530 points just.
