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Stocks Down on Global Growth Concerns

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  • Description

    FBN's Nicole Petallides on stocks impacting the afternoon markets.

  • Duration 1:15
  • Date

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It is not and everybody stocks now of course every fifteen minutes occult -- ladies on the floor on -- stock exchange reluctant.

Well I'm taking a look here at the major averages right now the Dow enacted any S&P -- -- to the downside Caroline Dennis.

Basically all morning long the dates of fear and -- upside the eurozone.

Folks are are meeting we've we've we've seen some pressure on some of our financials here at home names like Bank of America.

And Citi good start off with down -- the dollar is higher in commodities are selling off but I want to take a look at a real winner and that is Netflix we've seen Netflix up.

Over 30% for the month of October alone I mean it's taken off in once again.

It's today is no different and that is because Morgan Stanley -- into an overweight and a price target of 85 boxing just talk about global expansion.

And just the opportunities abroad for Netflix and is also that Amazon really is not competition for Netflix and so on Friday.

September 28 to stock was 54 box.

Here it is it's 73 and -- accident I think definitely down side and in July 4 -- at 300 to suffer if the check out some good right exactly -- -- -- about the watch it -- very careful and I would love to get -- -- on the show but isn't commensurate RA banks were.

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