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Negative Reaction to Jobs Report in the Markets
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FBN's Nicole Petallides on stocks impacting the afternoon markets.
- Duration 1:09
- Date Nov 2, 2012
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FBN's Nicole Petallides on stocks impacting the afternoon markets.
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Violent.
Company our -- not every fifteen minutes a call penalties is on the -- in New York Stock Exchange in -- critics really not liking today's jobs number to call.
There's a lot going on here on -- -- just chatting with the trader who's actually going to be running the marathon this weekend in.
His suggestion was since they make so much money -- that maybe -- should donate some of that money back to the people who are suffering because of hurricane sandy.
Want to take a look here at the major market averages -- -- noted that the markets have been selling off a little bit here the Dow Jones industrials are down.
35 points we've seen names like travelers coming under pressure clearly insurers.
-- a wild card after hurricane sandy in the cleanup and the pressure that they may be under.
Also what names like Chevron also weighing drug stocks have turned into the green -- just noticed the drug index is looking better.
And I wanted to take a look here.
At Starbucks in particular its profit had -- it did well and they also gave an outlook for 2013 which is better than expected and so.
With promotional measures that -- be doing the big get at the customers and and I'm like McDonald's chipotle and other places that have been.
A little tepid there looking got back -- -- All right thank you Nicole and.