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Stocks React to Latest Developments on Fiscal Cliff

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  • Description

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

  • Duration 1:09
  • Date

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Our special series and is the topic our stopped -- -- fifteen minutes Nicole Petallides of the -- stock exchange.

Nicole up 75 on a doubt -- that.

Not bad at all here you see the Dow Jones industrials above thirteen 1300.

So for all those bulls out there.

They're feeling pretty good here Dennison -- December obviously has been.

Pretty decent month we've seen financials jumping many of them are up over 10% names like.

Morgan Stanley Bank of America and Citigroup have been moving to the upside December traditionally is say an off -- as tight month right it is the best performing month.

For the SP 500 when they -- -- all the way back to the 1950s of course we're watching every headlines from Washington rejects -- -- delving into little little more.

But obviously the hopes of solving the fiscal -- always help.

This markets every time they get closer to -- we see -- up -- lonely here out our part they are.

We get -- down -- it's not only directly correlated but there's certainly that worry on Wall Street -- right -- I -- the -- the -- getting it to be all those to -- and NASDAQ just -- over 1% and certainly that's -- -- partly to get some details of course from our commentators coming up Nicole thank you all breaking.

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