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Home Depot, Lowe’s Shares Get Boost from Hurricane Sandy

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  • Description

    FBN’s Nicole Petallides breaks down the day in the markets.

  • Duration 1:49
  • Date

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-- -- billionaire financier Carl Icahn taking -- 10% stake in Netflix let's go to Nicole Petallides on the floor of the New York Stock Exchange back in action.

After that two day closure.

Obviously Nicole it's the home retailers that really shown today.

That's anomaly able day here on Wall Street monumental day right we're back in action after two days of being close that retailers' names like Home Depot -- seven days cleaning up after -- sandy.

Best performer Home Depot best performer on the on the -- seat on the Dow Jones Industrial Average.

But let us talk about General Motors for a second -- we're hearing about Ford because Ford reported good earnings yesterday they were figure was gonna pop it did pop today.

But I don't think anybody expected almost a 10%.

Gain for GM partly because of resolution about 29 billion dollars in pension costs there.

Right I was -- GM and Ford have both we're clear winners obviously have poured right appetites my -- up eight point 3%.

Both beat the street tomorrow auto sales OK now I know I mentioned Netflix but but again we have showed this move because.

This stock.

During the year -- a 133.

Dollars it had plummeted to an annual low of 52 but look at it now 79 dollars going into the close to big spike here -- nine dollars and sixty cents.

All because the name Carl Icahn is now attack that's right and you know that you know Liz that he has a real game changer for some time for some of these companies -- -- -- He -- -- stake -- apparent that makes a lot of changes.

You're a lot of clapping a lot of NYSE employees who helped get this place keeping -- the last few days over -- -- closing bell but that ethics every outlet.

All right an apple real roller coaster ride today it ended up better than it had been a -- flight.

Stop I've got -- to top executives out.

-- -- Well they did it with the traders.

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