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Dow Closes Day in Green
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FBN's Nicole Petallides on stocks that impacted today's markets.
- Duration 2:04
- Date Sep 5, 2012
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FBN's Nicole Petallides on stocks that impacted today's markets.
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Other story folks who don't wanna hear about you want to hear about what's happened of the market though.
This doesn't tell the story we got a lot of interesting stories here because there's so much on -- Thursday of this week of course we have the ECB ruling Thursday of next week we have the Fed Friday we have the unemployment figures the market is just.
Poised for a move the question is which way let's go to -- -- said the New York Stock Exchange.
Let's talk about FedEx because FedEx sort of indicated that the worst of many people's fears that the global slowdown is going to impact.
On the stock market and it certainly -- on now FedEx price today.
That's right -- when you have a big company like FedEx which is a global economic indicator issuing a warning in showing earnings weakness for the first time since 2009 doesn't bode well the stock.
I instantly sentiment and it hit UPS's -- Okay let's talk about office retailers seeing nice -- today anybody lets kids.
Had to rush out last night to get brand new supplies because of course the kids come home for the first day of school of say all but I have the wrongful parents.
But at current price to honor agreements you love it right act yeah right it's actually -- everybody's running for the back to school supplies everybody I know did -- getting it's -- problem.
All right let's talk about stocks.
Goldman Sachs in particular we're going to be target about.
What happened to banking stocks generally speaking but Goldman is kind of a class by itself the way it moved today why such a big move to the upside -- LA.
It has been -- really stellar performer this quarter for the last two months so far right where it into the third party.
-- -- they are sharing on Wall Street again the numbers indicate that behind the scenes action here a lot of interest -- -- -- Disney we're going to be talking about FedEx we only -- Goldman Sachs why the move.
A lot of interest in stories in the market although again looking at the indices you can't really see the story because it's a split decision the -- Is the only index that most of the game today hasn't been just barreling down all the others barely down as well -- sticks on the indexes puts them in --