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News from Spain Boosts U.S. Financials
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FBN’s Nicole Petallides breaks down the day in the markets.
- Duration 1:45
- Date Sep 27, 2012
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FBN’s Nicole Petallides breaks down the day in the markets.
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I was gonna called Middle -- At the New York Stock Exchange of course we got to remind everybody Nicole that were expecting rim and Nike earnings any moment we will bring those to you soon as we -- That's right and those are two names that -- continued to follow up question -- we've seen rim Research in Motion doing so well Blackberry ten.
Getting nice reviews that glowing device is doing well more subscribers and Nike another one to watch here -- well they have to vote in China -- there will be a big picture story.
-- by the way was in negative territory it is now in positive territory oil pop and again popping up over 2% right now well what's that affected what stocks.
That's it take a lot of those names up along with -- -- -- we've seen acts on and and upbeat PM Valero just -- -- -- -- also.
OK financials doing quite well because that Euro news we got news that Spain pass their.
-- budget which does call for cutbacks and other things that the yet you're preview likes.
Look at all these stocks all of do.
Quite -- that I can say -- and Spain again and that's exactly what we saw the -- strong.
And all our banks here at home took off every single night of the financial industry have -- Now we were getting accustomed to apple losing -- -- -- -- whether it was because we didn't have the iPhone sales of people thought was necessary whether it was their battle with Google of course -- and apple hate each other.
In fact dead now apple is threatening to try to keep cool off of its iPhone entirely.
But apple reverse itself very nicely look at this at sixteen bucks today.
It was hovering around a fifty day moving average but you're right in the back in the green -- gonna have headlines every single day but it's not near the all time high.
Not yet not today said -- -- That direct your call thank you very much the bells are rated on Wall Street.