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Citi Shares Rise After News of CEO Pandit Resignation

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  • Description

    FBN’s Nicole Petallides on the day in the markets.

  • Duration 0:52
  • Date

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But of course right now it is a busy day in the markets top of the hour stocks on average fifteen minutes late course chemical peddling is -- -- On the New York shot stock exchange -- the -- -- Vikram Pandit departure.

Really -- problem market cabinet heck of a day here -- -- really great day on Wall Street so far -- and that as you can see the Dow Jones industrials up -- 121 points.

Right now certainly a stellar day with momentum to the upside.

Most of the Dow components of the thirty about 27 have been in the green five of which are hitting.

New multi year highs so that some great news there will continue to follow Citigroup.

Very closely traders on Wall Street was certainly surprised -- we heard.

That Vikram Pandit was stepping down early on and of course right away they began to wonder.

If the board was dissatisfied if he was ousted -- in -- -- exactly what happened is now mr.

-- it now takes the role of CE out.

All right thank you very much Nicole.

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