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Wall Street Selloff Sparked by Weak Earnings Reports
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FBN's Lori Rothman breaks down late-morning market news.
- Duration 0:55
- Date Oct 23, 2012
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FBN's Lori Rothman breaks down late-morning market news.
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The Fox Business -- selloff on Wall Street continues sparked by a round of weak quarterly report from which it's seeing triple digit losses.
After likely Dow components 3M in DuPont slashed their earnings forecast Dallas out 258.
Points right now.
Restoration Hardware setting its price target for its initial public offering this specialty home furnishing company plans to sell five point two million shares.
In a range of twenty to twenty for a box of pop.
At the midpoint of the expected range of market value for the company of the top 850.
Million dollars.
Drivers continue to see relief -- the -- supported AAA prices have dropped for twelve straight days of the national average for a gallon right gas.
Now at three dollar 64 cents triple -- also expects prices to drop by Election Day and even more by Thanksgiving.
That's the latest from the Fox Business Network giving -- a part of prospect.