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Down Day for Wall Street
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FBN's Nicole Petallides on stocks impacting the afternoon markets.
- Duration 1:14
- Date Jan 31, 2013
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FBN's Nicole Petallides on stocks impacting the afternoon markets.
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So it's a busy live happily got top of the hour and having stocks now.
-- -- he -- the New York -- today watching that Dow kind of ever elusive 141000 still not here.
Friday we got close we pulled back where about 31 points away.
From Dow 141000.
And then we really pull back now it broke down below thirteen 1900 -- We have sold off here were down about 36 points on the Dow Jones Industrial Average that is worth about a quarter of 1% much like the S&P 500 the NASDAQ.
Not too far off the end -- I'm with the down -- we've watched everything from Research in Motion to Qualcomm to FaceBook.
All making news -- on earning some on outlooks -- at new highs.
But I want to take a look at another name and that is sad Time Warner Cable it is -- right now you can see it's down almost 10%.
After their quarterly report so clearly slumping it's down.
To 91 dollars that's a drop of nine dollars and seventy cents it's really sitting right around that two -- today.
Moving average and obviously not good news there's and this is how the shareholders are interpreting this the numbers and the forecast most importantly it's all -- the forecast the guidance.
Missing the analysts' estimates on Wall Street -- Time Warner Cable big disappointment today and that's -- -- down nearly 10% back to.