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Financials Under Pressure

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  • Description

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

  • Duration 1:04
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That's exactly in top of the hour stock now -- fifteen minutes that cold that -- leads into the New York Stock Exchange nick.

You maybe you wanna go skiing now that's now all right let's take a look at the markets of course all those bulls out there were hope that -- Take out all time highs don't lose hope -- most traders do think we'll do so.

This year however the traders I've been speaking with you think this pullback was long awaited.

Here it is tough news.

On manufacturing over in Europe we've seen a weak -- a weak Euro is strong dollar.

There's the Dow down -- half of 1% right now you seeing financials under pressure.

Take a look like Bank of America for example.

-- be a good example of some of the financials as a matter of -- followed ten sectors so close in the ten majors and nine of the ten have been lower today of course financials.

Being right in there but industrials as well also big laggard the only -- that seems to be holding on our consumer Staples and of course that's a big defensive -- have a lot of earnings.

That have been out and up our -- our jobs jobless claims that came in and points to rise back to you write a cult figure I shall see of course fourteen minutes from now we didn't.

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