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Stocks Down Triple Digits Over Fiscal Cliff Worries

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  • Description

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

  • Duration 1:06
  • Date

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This transcript is automatically generated

Now doctor in fifteen minutes Nicole penalties is that the red -- floor of the New York Stock Exchange Nicole.

It really is reading floor today as you noted that we are watching obviously a market that's under pressure today the Dow is down one point 1%.

Major averages all down more than 1% -- the selling his broad based whether it's homebuilders are.

Autos or drugs or financials the selling is across the board this concerns once again.

About the fiscal -- the worries right so -- had -- -- Which is not accepted we don't get to move forward with that plan and now you're also seeing some -- than -- them.

Action moving into the US dollar the dollar is very strong today that something that would pressure of these markets another thing like gold right so.

People go into the places that are DC this that's a ball in a time of -- so.

For today used to have that nervousness here on Wall Street and that's why you're seeing.

Down arrows across the board of the major averages in financials and side.

There are a lot of volatility we'll see how the afternoon plays out -- thank you very much received fourteen minutes from now.

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