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Bernanke Moves Markets Into Positive Territory
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FBN’s Nicole Petallides breaks down the stocks moving the markets.
- Duration 1:36
- Date Jul 25, 2012
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FBN’s Nicole Petallides breaks down the stocks moving the markets.
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Down stopped boast festival Caterpillar and -- called how high.
Caterpillar is looking great it's come off of its earlier highs of the day but it's still up more than 2% helping to keep the Dow.
Afloat here was accounted for over twenty Dow points that we see the Dow up 64 -- you know that Caterpillar -- a real heavy weight.
In the index and -- you can see here it's at the dollar 92.
They're raising their numbers their profits and are very good -- -- the revenue forecast but still big picture great -- -- night.
Now before we go to borrowing a lot of tell the audience that new home sales numbers just came in down at 8% to I think that was month of a month is -- correct.
Eight point 4% down months of a months down eight point 4% can say that's going to be a particularly good economic indicator.
Back to the call Boeing.
This is not an economic indicated this is just specific to back company I believe it did very well on the profit.
Front correct yes I did really well they do obviously commercial airplanes they continue to see -- There numbers rising their income rose two point 8%.
They -- raising their numbers for the year so they have a big picture and a forecast.
That's really great the -- Investors and shareholders would like to -- Boeing do.
Is that they need to boost their output of the 780 -- also are working -- launching the 737 Max a big picture you see going here.
Just another great performer on the Dow -- mean drug stocks banks stop the dollar is lower.
Nice set up today after three days of selling -- such a wooded lot -- I'm waiting to fly on the dreamliner and 787.
And I'll be winning a lot on the -- I wanna -- on that thing.