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Insurance, Health-Care Stocks Hit Highs
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FBN's Nicole Petallides breaks down the market day.
- Duration 1:25
- Date Oct 16, 2012
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FBN's Nicole Petallides breaks down the market day.
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A lot of bank earnings figures we're gonna talk about Citi and that the Dow seems like it out actually even before all the news -- that the that the market popped and for once it stayed there is good news let's go to goal.
-- -- of the New York Stock Exchange of course it was the big news that.
That really shook markets but the market was ahead even before we heard about the changes -- Citi.
Right well cigarette really I mean stole the show this morning -- you -- and everybody's talking about the fact.
That's Vikram Pandit certainly is -- to see how any -- what happened it was the uncertainty.
Now we're learning that he was ousted by the board but some of the traders speculated that early on and that's why we saw selling off.
And then we -- come back.
Okay we have a handful of insurance stocks that are hitting all time highs today including travelers.
Which of course had merged with city back in 1998 that was spun off in 2000 to -- Dow component here what's up.
Yeah horsing a lot of the same -- very well including travelers also out and -- would be an area as well.
I'm sorry.
-- the next question I dare you.
Probably jurors Arnold it's a big health care names that last Merck Eli Lilly Pfizer.