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General Motors Hits Annual High

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  • Description

    FBN’s Lauren Simonetti breaks down the day in the markets.

  • Duration 2:03
  • Date

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This transcript is automatically generated

Close to it up there are some individual stocks are doing very well we wanna get to -- right away with more instrument -- she's waiting -- the New York Stock Exchange.

Let's talk about FedEx first of all because we did did see some nice.

Nice earnings report on FedEx even with the slide at the end of the day it's still up over percentage.

Point yet easily FedEx -- that you excluding the -- currency risk arms and you know earnings would -- -- expectations and they also said they're looking at a record.

Meantime the holiday shipments and that's probably that's getting investors.

-- not let this stop.

That today we cannot ignore the price action in General Motors US government the news this morning is that they're getting out of GM and that shares the stock because of course investors now look at it and say the government's -- is going to be out of this company and it'll move more like a regular publicly traded stock.

Yeah and over the next fifteen months the government will likely be completely at and TM and that is why.

General five General Motors hit national high today and it's certainly up right now last time -- -- is up about 7%.

Florida -- look at Canada had a very broad.

Fallen today's it's not that -- -- fall but it's it's brought all the sectors are involved.

We're looking at technology don't we did spot a couple of writers there Western Digital and Seagate Technology they were both at one point up over 3% today.

Yeah they're doing tremendous impact -- overall market if you look at the NASDAQ is down on the corner of a percent but you have.

Three quarters of a percent decline for the S and in the gas -- -- is definitely.

The winner today because of not losing as much -- together Western Digital and -- make up 85% of the market.

-- hard guys still visiting DL and out west.

Yeah -- got an upgrades.

Fred -- capitalized one of the reasons why these stocks are.

And get your Bed, Bath & Beyond coupons ready I have with -- good with that she put them we're expecting numbers don't hate people.

It is actually.

Let's say that's a --

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