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Bank Stocks Rallying on Friday the 13th

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  • Description

    FBN’s Charles Payne breaks down the stories moving the markets early in the trading day.

  • Duration 0:55
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We've got a big rally for stocks this morning right now the Dow Jones Industrial Average is up 155.

Points out.

We've got three reasons first -- Fox reduced -- -- turnaround without loss 370.

Points in the previous exceptions.

Second hopes for more stimulus that's why gold was up big today China's economy slowing down isn't something on both sides of the ocean there.

And third the banks JPMorgan live leaving the Dow higher.

After it reported a profit despite a huge loss by the so called London well Wells Fargo up as well.

Also strong profit report for them they say they've been helped by the mortgage business believe it or not because rates all the solo before actually refinancing and -- The GPS maker court rolled it did have friends on another company's patents -- ordered to pay 500000.

Dollars but says it will not hurt the company's profits.

We'll be back in ninety seconds of that anger resident of San Bernardino California.

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