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Dow Up as Election Looms

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  • Description

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

  • Duration 1:05
  • Date

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By Siri.

It is the top of the hour right now stocks now every bit Citi minute Dow up triple digits on hopes that the -- living in another medical panel that is a flooded near stock exchange -- You say QE3 -- -- sudden it's like.

It's Christmas down there.

That's show and that's something that's been have really hovering around this trading floor for some time even as much as this morning as soon as I can and I chat with different traders in different -- and that certainly is continues to be a topic even like today.

For example when you come and -- hear about the CPI and PPI.

That's something that will just give more fuel.

To the FOMC committee members in order to make that type of decision what we're seeing here for the Dow Jones industrials up triple digits continuing to hold onto these stellar gains were up about 106 points at the moment majority of those Dow components are all winners I want to take a look here at Smithfield Foods actually based in Smithfield Virginia but coming out.

With higher pork supplies weaker US demanded this -- their margins in as a result.

You see it down nearly 7%.

Today and it is a losing year to date down almost 20% back to -- I think the call without out.

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