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Fed Concerns Weigh on the Markets

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  • Description

    FBN’s Nicole Petallides breaks down the day in the markets.

  • Duration 2:06
  • Date

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Net net let's go right to call -- he's at the new York stock they wanna talk about Tesla because -- -- -- a lot of fights going on yesterday about whether the analysts were overly optimistic clearly there were there were only a couple of we're saying that.

May be a business model built on government handouts is not the best business -- and today they're feeling the -- Right and and maybe it just did that had not at this time at least because we've obviously seen them under a lot of pressure -- -- -- you noted the stock's down.

Over 8% going into the close that study something right Nicole and also waiting on Hewlett-Packard expected results after the bell.

Just a few minutes from now the stock.

Hot here -- day although if you look one year chart it's not a pretty picture for Hewlett-Packard.

Right and I mean we can't forget that in the last year -- -- it would be worst performer of the Dow thirty components.

So to see you dig a little better not and you still see it bounce backs up at -- -- going into the close and obviously we're waiting on these earnings fat cat.

And and before -- mentioned some -- -- done very well today we should mention that the stock market was trying to find a level.

I guess they of course the Fed beat down a market everybody was concerned about that whether the Fed was gonna stop the quantity of easing that led to.

Markets overseas going to have particularly in Asia and Europe.

And again we kind of -- off of bear down day and ended were down look like we're going triple digits.

The market right now the Dow is down about 52 points -- were off of the day's lows but it is still down nevertheless JC Penney.

Ron Johnson's JC Penney getting a big boost today was up 7% Y.

Right so JC Penney -- that's about the deal let me see they were both bodies -- Battling over the Martha Stewart products and as far as without the right I was thirteen thousand.

834.

Today we came up off the lows and still worry that the Fed may cut off.

Plain and stimulants I'm not quick -- Without that ability.

There's a considerable.

We'll go back to the -- and a couple of minutes at.

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