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Markets Up on Positive U.S. Economic Data
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FBN's Nicole Petallides breaks down stocks moving the markets.
- Duration 1:17
- Date May 16, 2012
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FBN's Nicole Petallides breaks down stocks moving the markets.
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And right now providing it is the top of the hour stocks now every fifteen minutes Nicole Petallides cinema in the -- stock exchange -- markets.
Are staying up mid session has been a lot back and forth though about what's happened.
With Greece unfortunately that's absolutely right yesterday we had uncertainty you saw the dabble in the unchanged line more than forty times.
Today we had a nice -- we pulled back off the highs of the day -- at our highest point today we're 12100720.
To see you can see clearly.
We're off -- the highs as you noted.
There's so much confusion about what's going on with the EC BN and their relation to Greece and the monetary policy and what they're giving what they're not giving -- -- there's actually some reports out David -- for example was at -- over -- -- -- saying exactly that there's major confusion regarding ECB and so it really just bring some uncertainty velocity that's placing -- sell -- But there's got no no qualms about the fact that you have the dollar higher commodities selling off or -- today on -- hit its lowest point of the year.
Energy stocks on the other hand have all up arrows CC names like the energy resource and Valero doing quite well how about Chevron.
Chevron today's more than aimed at helping the -- -- I just -- a short time ago at about thirteen Gallup points up.
Still went back -- yeah.
I think the --