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Stocks Down, Led By Declines in Technology

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  • Description

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

  • Duration 1:07
  • Date

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This transcript is automatically generated

Probably -- -- that we got stops every fifteen minutes.

The -- facilities -- the floor New York Stock Exchange where stocks are really kind of thinking -- -- nickel.

They really are -- are today's one of the day obviously that were selling off here the Dow is down more than -- half of 1% of the majority.

Of those Dow components coming under pressure so names like Intel Johnson & Johnson Hewlett-Packard all of which actually got.

Some analysts calls today -- in a positive way with downgrades.

Those are some names that have been weighing also Disney and Microsoft some of the other names weighing on the daddy -- -- the NASDAQ Composite is down one and a half percent S&P 500.

Down three quarters of 1% and aggregate the toppling talked about apple and talk -- -- with a not a -- -- on the market yet.

The answer is absolutely yes it it certainly heavily weighted in both the NASDAQ and the S&P 500 weighs on those two indices.

Obviously more cells can we look at apple here here's a look at the chart it's certainly off -- my highs that we saw in September of 705.

07 and here it is today in 10% correction territory that there's been lots of news about the iPad Minnie coming.

Back GO thank you Nicole.

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