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Honeywell Shares Lead Industrials Higher
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FBN’s Nicole Petallides breaks down the day in the markets.
- Duration 1:29
- Date Jul 18, 2012
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FBN’s Nicole Petallides breaks down the day in the markets.
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-- -- articles on an -- let's go to called -- at New York Stock Exchange is a second day of gains for stocks were looking at almost triple digits here.
-- Bernanke effect of course so many people were focused on what his testimony today would mean for the market certainly didn't hurt it.
That's right when he says apple doesn't double dip recession is not likely that's and then that's enough to give up to this market.
Good housing start getting some retailers at all time -- -- good things.
Market -- -- -- look at -- triple digit gains on that you know I like about the Honeywell story aside from the fact that they beat earnings expectations this is an industrial company they do everything from a dashboards on airplanes etc.
but it's really helping the entire industrial sector isn't it.
What are absolutely as good as you mentioned -- faces from one of their stronger areas but.
Good news from Honeywell is a big deal and that's why he's practicing the growth -- history.
Back.
By the way these earnings take place different times after the trading hours IBM American Express and Qualcomm usually come in -- so we're looking at those three.
Although we don't wanna forget about.
IBM Amex and Qualcomm of course Qualcomm.
Directly tied in apple.
That's right in all these are gonna be -- could be market moving events some of them are Dow components such as IBM.
And American Express gonna watch for -- -- -- --