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What Led to Gold, Oil’s Selloff?
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FBN’s Nicole Petallides breaks down the day in the markets.
- Duration 1:32
- Date Jul 6, 2012
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FBN’s Nicole Petallides breaks down the day in the markets.
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Right now there's she is a stock and -- back here in the last hour -- long way to go let's be honest about that but some of the big winners that are pulling them back up.
That's when you look at the SP 500 not all -- -- to -- -- selling across the board on -- weak jobs report here.
For the latest -- -- like Family Dollar.
That was one of the leaders on the SP 500.
It is -- -- some glimpses of hope.
Did target and some of the other retailers advantages -- -- -- -- yeah then they've really bucked the trend despite -- retail sales numbers.
Yesterday were much display and most of them most of -- -- except for let's say out Victoria's Secret Limited Brands and -- Those are -- -- -- Nicole a real shocker to David gold prices not a shock that they were down.
Shocked that they were down thirty dollars to be looking at some of the miners they of course spread out like tentacles from -- gold prices.
It's very interesting to watch the commodities the -- they've been selling off the gold in particular in.
There's been some talk to think about that gold.
The -- only thing of value with everybody keeps printing money here and abroad.
-- but today you saw -- strong dollar gold sold off oil -- about.
-- global losses percentage wise and gold did the I imagine that weighed heavily on some of the big energy -- -- -- received -- Chevron up -- look at Apache port.
That's the -- I mean -- --