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Impact of Rising Gas Prices on the Markets

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    FBN’s Nicole Petallides breaks down the day in the markets.

  • Duration 1:44
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Ladies on the floor of the NYSE listed those comments of this guy what's his name Erica Rosen brand.

He's -- president of Boston fed is that what's at the market movement.

That's certainly how to stay that's certainly helps and that coupled with the fact that everybody's been waiting for fed stimulus over the last four weeks -- got up arrows.

And today Ben Willis over album -- noting.

That's after we had repose liquidity injection so that also.

Helps us move BS and 500 up to levels that we hadn't seen since -- rally Matt.

-- -- big earnings out in just a few minutes Disney Priceline and is zillow.

These are good some big names there watts what are we looking -- ahead of the resulting names.

Key names and -- Disney a Dow components they are all looking good -- the best of the bunch in percentage terms it was up about 6%.

Moments of dollars of those are looking -- of course we'll bring this you right away sees pick out.

I don't -- -- on anybody's parade but we got to look at the price of oil I certainly was looking at the price -- gas that was popping up this weekend.

Going up usually at the gas pump I'm wondering whether that could be the a drag on the economy and what's helping energy stocks but eventually that begins to pull.

On those companies are relying guest.

No doubt -- it's -- hits the consumer right less money in your wallet to go shopping it got to pay for gas energy stocks many -- -- actually -- New highs Exxon would be one of them marathon oil and other -- but we are seeing oil jumping once again.

Saying -- closed 14100 a key level of those traders in the Florida watching the S&P 500.

Absolutely they talk about resistance excited to break through the resistance levels and then also -- them.

Nice bullish sign but the question here is that there's no bond.