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S&P Traded at Highest Intraday Level in More than 4 Years
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FBN's Nicole Petallides on stocks impacting the afternoon markets.
- Duration 1:03
- Date Aug 21, 2012
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FBN's Nicole Petallides on stocks impacting the afternoon markets.
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Our markets now and -- the -- stop -- -- fifteen minutes that coal bed a leading.
-- on the corner I think that doubt -- suddenly dips negative.
Let's -- -- where we've been holding on pretty well here -- right we are -- a little bit negative here.
The dollar's been lower all morning that should help things along the -- apparent -- higher.
I want to take a look out and that big picture what we've got a note is the fact that the Dow and the S&P have been crossings and key lines breaking out.
Moving to highs that we haven't seen since 2007.
I mean this is celebration time -- at least to a certain extent.
Want to take a look here at the financials that this is one group that is shown such resiliency.
Take a look at names like Bank of America and JPMorgan -- the number one and two performers.
In the Dow Jones industrials so.
We are seeing flow growth we've had six weeks of gains for the Dow.
Right yesterday I lost three points today we're virtually flat Woolsey we can -- maybe Vegas seven -- it out but we've certainly had.
Quite a rotten in the back -- -- -- at least we'll see fourteen minutes now of course we'll share.