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Dow Bounces Back

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  • Description

    FBN's Nicole Petallides breaks down stocks impacting the afternoon markets.

  • Duration 1:43
  • Date

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This transcript is automatically generated

Yeah.

-- top of the hour and time for stocks every fifteen minutes as we dealing identical -- -- -- the -- the New York Stock Exchange yeah.

Positive territory for the year not so that's that's right and it's really looking like a great day here on Wall Street when you're bullish and -- the night here.

Stocks all bounced back today is a great day -- durable out there you see the Dow up over 200.

Points today.

At NASDAQ and the S&P right up there as well NASDAQ seen its biggest jump.

Since classes since may so right now you see the jumps -- happening when you look at the Dow Industrials fall thirty names.

Are in the green -- despite whatever sector it is it's a winner.

Let's look here at some of the financials in particular when -- take a look at Bank of America Morgan Stanley JPMorgan all winners here and I have to say.

Over the last died two months so many of these names are down 20/20 five.

Hi percent opposite than under some significant pressure worries about -- that could pressuring these financials across the board that.

On Monday we talked about the options traders and making their -- we saw with the called outweighing the -- writes it was -- The ratio basically one point three so.

We saw that most people are betting on the bounce back when the market -- they wanted to be a part of the financials is that the group that was beaten down the most.

Only to see that when they get beaten down the most sometimes they come back the -- and today is a great days of Morgan Stanley for example his death is up about 6%.

Right now as a as a wedding day here on lawsuit -- whether or not.

The Dow actually right here at these levels is our largest gain of the year.

2012.

-- -- -- that he's wearing her dream for the markets today Bank of America up 7% to that so.

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