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Markets Mulling Fed Chairman’s Statement
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Description
FBN’s Stuart Varney breaks down the stories moving the markets early in the trading day.
- Duration 0:58
- Date Aug 31, 2012
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FBN’s Stuart Varney breaks down the stories moving the markets early in the trading day.
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What -- put it like this the markets are trying to figure out Ben Bernanke.
Right now the Dow Jones Industrial Average is up ninety points at the -- -- -- -- when Bernanke's comments came out the Dow fell from a gate of a hundred.
To a gain of -- it.
Bounced right back again.
At first glance then didn't say he was gonna principal money but maybe -- -- was listening to our interview with David Jones he said the Fed will print.
More money default and the -- stuff found back.
But the gold it fell as low as 1649.
Now 1670.
Gold is up.
-- -- oil straight up this morning a gain of about thirteen 95 dollars a barrel.
Gas prices continue to inch -- the national average is 382.
For regular.
FaceBook -- another new low this morning is now less than half.
But it's 38 dollar IPO price to 3290.
Seconds fact -- young and that books.