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Markets Ignore CBO Projections

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  • Description

    FBN’s Nicole Petallides breaks down the stocks moving the markets.

  • Duration 0:40
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Dell Hewlett-Packard too big -- how bad is it.

Dow is down about six and a half percent right now so we talked about the fact that sales are I have been very weak.

And now they've had to lower their guidance -- their outlook now is going to be below the analysts' estimates also the fact that they just are facing intense competition from Lenovo.

From my -- also apple cores and and the PC markets a little bit soft to for the back half of the year so.

These are some of the reasons why we're seeing -- lower and the brick nations fewer sales there all right.

Thanks very much the -- Dow Industrials now down just eight points so no reaction no significant reaction and -- dole to those CBO projections.

Fully forthcoming.

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