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Stocks Mixed on Earnings Data
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FBN's Nicole Petallides on stocks impacting the afternoon markets.
- Duration 1:06
- Date Oct 22, 2012
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FBN's Nicole Petallides on stocks impacting the afternoon markets.
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The -- the stock's down every fifteen minutes of the call that -- on the floor of the New York Stock Exchange the -- the Dow back down.
That's why we -- seeing under some pressure lasted we managed to squeeze out.
Slight -- fractionally for the Dow but don't forget Friday was a tough day on Wall Street were down over 200 points.
But not from so many of the companies giving outlooks that are somewhat -- reducing numbers so.
Names like Caterpillar Dow component GE Microsoft Intel IBM and even somewhat of a disappointing -- -- McDonald's to that list as well.
And so we are seeing the Dow today down just over a tenth of a percent yesterday's low at the NASDAQ Composite is higher.
-- look -- at Peabody Energy when a turn right over to the coal sector in this materials.
Were open and coal BTU Peabody Energy is doing so well.
And -- have what are the reasons why we're seeing it jumping is because -- -- their earnings did drop they did top prior guidance are also expecting.
Growth in that China and and and -- and in Europe so it's up about almost 12% taking other names like Arch Coal -- -- by natural up along with it back to.
Nicole thank you very much we'll see you in fourteen.