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Financials a Bright Spot in Today’s Down Market?

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  • Description

    FBN’s Nicole Petallides breaks down the day in the markets.

  • Duration 1:22
  • Date

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This transcript is automatically generated

Let's first go to the gold medal eighties on the floor of the New York Stock Exchange so once again.

Thank god at least it is the end of a terrible month that old expression turned out true sell in May everybody see -- 7% down and NASDAQ and S&P and Dow.

Down over 6%.

That's right sell -- go to that absence go to the Jersey sure wherever you're gonna go.

I you may have done all right because basically we saw the major averages -- 25 and 6% in most -- the names on the Dallas sold off.

Only if -- squeeze out gains for the month of bank now one.

The worst performing sectors for the month -- financials but a lot of the financial names are actually doing better than the broader market today looking into the close.

Let's pull up some of the names here on the screen at Morgan Stanley JPMorgan Goldman Citi Bank of America.

Right it's imagine that agreed to doing very all going into the -- don't -- this -- has been beaten down the most as well to look at the number one loser.

In the Dow but died now are now at the moment with the IMF light reading your recipes Boehner -- coming up some -- -- and to speak well.

Now -- FaceBook actually was holding on to some days I don't know if it's ending up the day down but certainly by the red.

Guarded yes it is holding up right that it is I was like oh yeah a little -- and it's got an up arrow is really thinking about it.

-- what's again FaceBook -- most weddings I think about -- patent -- president.

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