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Ford’s Outlook Hurt by Weakness Abroad
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FBN's Nicole Petallides on stocks impacting the afternoon markets.
- Duration 1:14
- Date Jan 29, 2013
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FBN's Nicole Petallides on stocks impacting the afternoon markets.
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That coming away from the top of the hour we've got -- every fifteen minutes the cold had -- -- the floor of the New York Stock Exchange.
-- -- -- -- -- -- Not bad at all today were up about 56 point here on the Dow Jones industrials -- about 55 points away from Dow 141000 name that you remember the Dow 101000 that's.
More than 141000 hats are getting closer and closer triggers I speak with certainly feel that Daniel we've had a great January and that.
Obviously often times 83% of the time since 1950.
Actually demonstrates what we will see for the full year so with that holds true we'll have a nice winning here here on Wall Street.
The Dow right now at thirteen thousand.
936 not too far off the highs set earlier today and also watch -- drug stocks doing well -- it's been a leader but I want to take a look here at Ford Motor coming out.
-- numbers they are doing well here in North America the United States doing well with the F series however they're talking about.
A downbeat outlook.
For Europe Europe still is a problem for Ford and as a result -- seeing it down five point 9% right now it's obviously weakness abroad.
Is hurting Ford's outlook going forward however there's strength right here in the United States.
Thank you tonight thank you Nicole --