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Stocks Down Despite Positive Economic Data

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  • Description

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

  • Duration 1:16
  • Date

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That.

Isn't happening right now stocks now of course every fifteen minutes -- -- -- is on the floor the New York Stock Exchange right Nicole.

How we can sell to get around sixteen points a lot of direction today unfortunately it's true and we've been down for several days really we've been selling since the middle of the last week late last week.

The trend has been around that unchanged line or to the downside.

And here we are doubt about seventeen points right now we had been higher earlier so.

Traders continue to watch those selloff here occurring in there's people like -- -- -- arrows and Justin she can't wait for a big sell off to know this real capitulation say this is the moment to get back into the into the stock market here's a look at the Dow here.

Thirteen -- is still looking at thirteen 1060.

That the levels on some of the traders went to thirteen thousand.

Let's take a look at the at casino company and Wynn Resorts right.

So they come out with their numbers third quarter profit fell by 12%.

Couple of things to know they are issuing a dividend for eight dollars a share.

They're doubling the quarterly dividend next year to a dollar per share -- done well with -- on porn -- resorts.

In Las Vegas whatever the however there seems slower growth in the house they are seeing year over year gains account for the piece of the growth is slower acting.

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