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Markets Down as Cliff Approaches
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Description
FBN’s Nicole Petallides with a midday market update.
- Duration 1:09
- Date Dec 27, 2012
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FBN’s Nicole Petallides with a midday market update.
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Just down and just to -- it.
Dow is down.
100.
Points on the Dow Jones industrials.
Just holding on to that thirteen thousand mark now at this point -- -- thirteen 1016.
On the Dow that's a loss of one quarter of 1%.
The tech heavy NASDAQ -- accelerated selling at this point is well.
The Dow -- at NASDAQ is down about one full percentage point and this is -- S&P not too far off that holding.
At fourteen -- six the -- the fear index above that twenty level so there is nervousness here.
On this market and volumes in about 200 million shares changing hands.
Let's talk about American -- maker.
-- Ford has some interesting news out today we look at for -- creating.
2315.
US hourly jobs in six plants and southeastern Michigan.
And doubt this is obviously and one of sites where they they have produced -- Ford Fusion.
Here's a look at the stock right now -- twelve dollars 46 cents a share it's a loss of two point 6% -- creating jobs is certainly music.
Two Americans ear as it is that's America needs more jobs that's the latest here on the for the New York Stock Exchange -- -- -- going -- over there in Chicago.