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Dow Down for Sixth Straight Day, Off Session Lows
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Description
FBN's Nicole Petallides breaks down stocks impacting the afternoon markets.
- Duration 1:08
- Date Jul 12, 2012
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FBN's Nicole Petallides breaks down stocks impacting the afternoon markets.
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Ultimately be standing by on the floor of the New York Stock Exchange were coming back but there's some key technical levels -- called -- we're watching today on the major averages.
-- Yeah still -- today depending on what.
Major average you're looking at right now IC the -- -- come back -- after the close it was down triple digits over a hundred points.
Now it's down just 33 point so certainly.
A lot of improvement here on the for the major averages the NASDAQ Composite -- well was down more than one and a half percent now down.
Just 1%.
Crossing below the 200 day moving average today we saw the -- sector do that was -- the transportation and -- -- do that crossing below the fifty day moving averages on the S&P 500 and the NASDAQ do that though they've come up off their lows as I noted let's take a look here Procter gamble Dow component -- very well on the day where most of the names are actually read all.
Are familiar with pershing square.
And now they've gotten clearance accept a -- -- group is to have gotten clearance.
Obviously for their stake and investments in Procter & Gamble's obviously they have a great interest -- Procter and article -- -- thank you very much seen in fourteen minutes from now.