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Financial Sector Lags on Wall Street
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FBN’s Nicole Petallides breaks down the day in the markets.
- Duration 1:41
- Date Jul 19, 2012
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FBN’s Nicole Petallides breaks down the day in the markets.
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So buckle your seat belts were gonna do the same occult bleeding is down on the floor of the New York Stock Exchange and a decent day for stocks but we don't like taking a look in the red but we can't overlook those financial data just mentioned Morgan Stanley under pressure.
That's right and the financials really were disappointed traders -- delving into sector by sector where they've -- strengthening job skills and leave out all having sector rotation doing well financials.
Are now -- as you noted Morgan Stanley that Citigroup went down yesterday Bank of America for example.
Came out with their numbers.
And so Bank of America.
Today also lauer but we're always looking on the bright side have live talk about IBM and while Qualcomm of course uphold those were present but IBM.
That's up close to 4% as well.
Navistar -- owners do you know what -- -- excited right that comes coming out of what we sell off from Intel also tech done well.
Okay we're about to get Google Microsoft chipotle -- rating.
And that perhaps micro devices numbers there's got to be one in particular that the traders are just dying to hear about it.
A lot of great -- -- after the -- mean of course you gonna keep an eye and Microsoft doctor Dow component.
Chipotle another -- great name to watch this after Yum! Brands came out with some weaker numbers so that'll be interesting to keep an eye on that really shows what the consumers up to him.
And you know -- wasn't so long ago that we -- look at it oil going all the way down to 77 dollars a barrel today well into the ninety's I think about ninety.
-- dollars does that -- market at all.
Yeah -- high since snaps seven days in a row.
That ultimately can translate into higher gasoline.