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Markets See Down Day for Financials
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FBN’s Lauren Simonetti breaks down the day in the markets.
- Duration 1:30
- Date Oct 12, 2012
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FBN’s Lauren Simonetti breaks down the day in the markets.
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Lose up -- a little less indeed let's go to launch of an -- -- the New York Stock Exchange she's.
-- -- Clark a big loser of the day for Advanced Micro Devices.
With -- in this hour yesterday that out of the blue they did an early warning before their earnings next week.
And today.
There you are not a great day at all.
Now -- one -- -- unique features.
And deep below the -- not having been on the like that and since March 2000 -- night.
I thought about the financial ringtone -- day out Lauren suddenly and focused less than maybe banks led -- I JPMorgan Chase and Wells Fargo -- on revenue.
Exactly and I guess record profits just aren't enough we were expecting a good earnings season for Q3 from the bank.
-- you know we we got it essentially today both of these companies are lower.
Didn't -- -- Bank of America on the Dow viewers stopped performing component.
We'll regional banks you know we just -- Dennis Swanson he really likes the regional banks he's got more than a billion in assets under management.
-- they fell in line with the big financials though not quite sure that's fair.
More than on the big financial about their -- region and still this very down.
-- they sent some class and really it's just fine thank.
We pointed out --