Fox Business
Expand
Browse All Video
Watch Live

You're watching...

Stocks Down Steeply on Weaker Earnings, Global Concern

Details

  • Description

    FBN's Nicole Petallides on stocks impacting the afternoon markets.

  • Duration 1:04
  • Date

Clips

Also in this playlist...

Latest Video

Auto-advance: ON

Auto-advance
View All

Transcript

This transcript is automatically generated

S first one -- begin with Nicole -- -- ladies standing by on the floor of the New York Stock Exchange -- calling.

-- and that has traders on Wall Street continue to watch the market selling off breaking key support levels really.

A bearish breakdown as they would call it Friday we were down over 200 points.

And here we are today down 200.

And 41 points right now as we speak with a majority of those Dow component when -- not in the thirty.

With the exception of Microsoft.

All with down -- in this comes on the heels of some of these big companies.

All giving outlooks that they're having to trim their forecast of we're looking at means like DuPont and United Technologies and 3 AM -- Last week -- -- IBM and Intel and McDonald's.

All talking basically about slower growth and a top global economy won't take a look here at DuPont it's another name -- -- Dow component.

And that they are cutting jobs about 2% of the workforce.

515100.

Jobs.

Their earnings they -- their forecast.

Is below the Wall Street our assessment -- -- -- half percent that this latest here on the floor of the New York Stock Exchange discovered --

Load More