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KB Home 4Q Earnings Down 44%

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  • Description

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

  • Duration 1:01
  • Date

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On the top of the hour of course stocks 150 minutes a -- -- -- used -- -- -- -- -- -- -- -- -- exchange.

So really kind of a mix.

Trading day not a lot of direction sales volume Nicole.

That's right so we have invited 239.

Million shares changing hands that they expect -- and it's just slightly.

To the upside the dollars seeing things just slightly stronger sometimes depression things at commodities are pulling back -- really is the story when you look at the big board.

Sits down nearly twenty dollars but -- focus on these equities here you can see the Dow is still holding well above thirteen 1200.

-- -- for thirteen thousand.

2461 of the names that was weighing on the Dow for example was -- because of a cholesterol drug that is not doing his laws they have out.

Let's talk -- TV home when talking at a home -- and we've seen home builders.

Growing exponentially over the last up 52 weeks that they said that their fourth quarter.

Net was gonna fall 44%.

And that orders are weak.

Weak quarters net profit falling not good news stock is down nearly 5%.

Today back to you.

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