You're watching...
Higher Dollar Puts Pressure on the Markets
Details
-
Description
FBN’s Nicole Petallides breaks down the day in the markets.
- Duration 1:05
- Date May 24, 2012
You're watching...
FBN’s Nicole Petallides breaks down the day in the markets.
Also in this playlist...
Auto-advance: ON
Auto-advanceThis transcript is automatically generated
Coming operator let's go to the -- -- -- on the floor of the New York Stock Exchange so let's get back to the bank profits story here.
Hitting a five year high yet some of the major financials are struggling.
And that's why that's according to the FDIC to -- -- that would come up been out of the financial crisis to Sydney got the diet that -- looking better.
But the big picture is -- this -- -- credentials are still to the downside.
That they -- really -- this market was is higher dollar which just didn't -- All right.
Let's talk about.
In particular what happened and Hewlett-Packard yes and get those -- earnings today -- were they were skyrocketing.
They kind of tempered their -- a little bit today but it was still in the plus category.
Lucky guy again I'm you know kudos to let let and right cut jobs in mind -- -- outlook.
That's good news for Hewlett-Packard tax had a hard time the fact accident while Tiffany not so lucky in a cold jewelry retailer getting hammered today.
-- they had to cut their -- your numbers.
Yeah.
-- Buffett has -- of fellow.
-- on Wall Street.