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Dow on Pace for Worst Month in Two Years
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Description
FBN's Nicole Petallides breaks down stocks impacting the markets.
- Duration 1:08
- Date May 31, 2012
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FBN's Nicole Petallides breaks down stocks impacting the markets.
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Our stocks now -- fifty meant.
Nicole had a lady Warner stock exchange the -- that gal on pace it says here for the worst month in two years.
Yeah this is going to be a top -- here I was actually reminiscing and went to Bruce Springsteen concert once the meadowlands.
Looking here at the monthly numbers we'll talk about the -- The S&P both down more than 6% for the month of may NASDAQ Composite tech heavy NASDAQ the worst of the bunch down almost 8%.
This month -- -- guys selling -- go way probably be happy is he would receive some money there.
Most of the names on the Dallas today to the downside names like Caterpillar -- -- -- strike.
You still have some the other names such as Alcoa and Intel BankAmerica might suffer so from different.
Sectors with down arrows -- we want to tell you about a deal here that's going on -- -- gotten Gaylord and this is this is the Marriott is behind.
Gaylord is in the same sort of that -- -- DO.
With hotel chain the Gaylord Entertainment the stock is doing very well.
You can see here that it's up at a 52 week -- of about 6% the deal is valued at 210.
Million dollars format marry out to make this acquisition.
Back to you -- thank you very much we'll see you of course in fourteen minutes from now well.