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Dow Up Despite Fiscal Cliff Phobia

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  • Description

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

  • Duration 1:07
  • Date

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It is -- top of the hour stocks every fifteen minutes and that -- had at least.

The New York Stock Exchange -- up despite fiscal cliff -- Nicole.

I -- -- -- selling off for a couple of days the Dow is down.

About 75 points this week when we started selling at a little branches snap back to move to the upside.

The -- appear next really has changed direction and has moved lower at the moment so that -- things.

Along as well we're watching things like the banking index -- the drug in next about -- the NASDAQ tech heavy NASDAQ Composite still can't.

Squeeze out -- gain here we've had apple weighing on the NASDAQ that -- almost a half a percent for the Dow.

Has significantly improved its -- three quarters of 1% a lot of take a look at what the bank stocks and that is Citigroup in particular what's really streamlining.

And cutting out the access under their new CEO.

Michael pork fat and so what we're seeing is that they're saying -- a cut about 4% of the workforce and 111000.

Workers worldwide and so obviously that'll bring them in some savings of about one point.

One billion dollars and this is that streamlining.

And happy -- is the new CEO after that on hand it back to -- Critical -- it's a busy day for that John -- for more right now on.

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