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Market’s Reaction to Supreme Court Health-Care Ruling
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Description
FBN’s Nicole Petallides breaks down the day in the markets.
- Duration 1:04
- Date Jun 28, 2012
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FBN’s Nicole Petallides breaks down the day in the markets.
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What's critical -- Nicole I know you're talking to traders why are they saying this late trade.
Day trading comeback is happening.
Couple of factors number one the dollar lost its gains that they have obviously its closest point to the bureau here an active stocks -- his.
Also they still continue to talk about -- emotional.
Canceling -- -- stop printing this is something that gets -- on the floor whether it's true or not somehow it seems to boost things around here.
Alright by the way we're just getting word from Charlotte greater chief economist without IBM in the United Technologies.
The Dow would be in positive territory right now and it's very close as it's down only 23 points.
Let's talk about how insurers and medical companies.
Differed on their reactions because some of -- some of those health companies did well so did badly Nicole.
Aren't -- signaling that did well hospitals and and and also.
Medicaid -- on the downside the broader diversified.
Health insurers were losers so -- -- my WellPoint and everything.
It was a bottle of -- were halted today was really monumental day than good day bad -- yeah I -- one to remember a lot of these.