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Stocks Rebounding from Yesterday’s Plunge
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FBN's Nicole Petallides breaks down stocks impacting the afternoon markets.
- Duration 0:58
- Date Jun 22, 2012
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FBN's Nicole Petallides breaks down stocks impacting the afternoon markets.
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Coming up.
Topping our stock down every fifteen minutes to call penalties on the bush and her doctor -- called down on the green after the second worst market day of the year yesterday.
That's RAS it is a tough day erase on the Dow drop in more than 2% major averages really dropped out yesterday today.
Turn around -- in here back in the green.
We have not -- our losses for the week the Dow and the S&P are both down roughly 1% for the week -- the tech heavy NASDAQ.
I got -- we've got the NASDAQ is actually -- let's take a look here Arch Coal -- stock.
In particular name -- we've been following year to date it's a big loser.
Down and almost 60% here.
But today down one point 1% and why is that they've seen obviously weaker demand.
-- -- like so many of the other coal companies we've we've known that it hasn't -- a secret that coal.
Has not been a great group but they do plan to cut production and idled some operations cutting 750 positions -- -- the stock down.
-- all right Nicole thank you -- we'll see you of course.