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Markets Wait for News From Fed
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Description
FBN’s Stuart Varney breaks down the stories moving the markets early in the trading day.
- Duration 0:57
- Date Jun 20, 2012
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FBN’s Stuart Varney breaks down the stories moving the markets early in the trading day.
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All right tell -- this how flats -- -- stock market.
Actually believe for a couple of hours well you're seeing it today would down ten points that's all we've -- -- -- -- down 10128.
These led Dallas.
Procter & Gamble though that's really looking at it says it's gonna make less money this year weak sales results in April all around the world.
And because it -- someone's business worldwide it is really getting hooked by the -- -- It's down to box 3% -- look at the price of gold now that's down big today were off twenty bucks badly about 16100 dollars an ounce.
We are less than two hours away from the Fed Fed's -- statement we expect Ben Bernanke could just continue with something called Operation Twist that's the general expectation.
The government sells it short term bonds uses the money to buy along with some -- and -- to keep interest rates way way down the official announcement.
If you could read between the lines.
Comes out in less than two -- back.
Good move them up.