Fox Business
Expand
Browse All Video
Watch Live

You're watching...

Homebuilder Stocks Rally on New Home Sales Numbers

Details

  • Description

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

  • Duration 1:25
  • Date

Clips

Also in this playlist...

Latest Video

Auto-advance: ON

Auto-advance
View All

Transcript

This transcript is automatically generated

While wall and it's got to -- -- but -- is as we wait for the markets to close -- down of the MIC.

-- -- call Home Depot leaving the Dow today it's up more than 5% adding a full 28 points to the -- Quite it was a really big deal for Home Depot they came in the numbers -- sales numbers have been stellar they're doing a buy that seventeen billion dollar buyback they're raising the dividend.

-- -- -- Home Depot and racing -- along with the Dow.

-- -- certainly is not a big one of the worst performers yesterday phone bill this while also building big gains.

Right because he came and -- home sales numbers the new home sales numbers actually were stellar that the highest levels that we've seen since 2008 to name like faulty home for example.

Was a real winner and up about five and a half percent.

Interesting story also nickel investors betting on -- is entertainment stuff today despite reporting disappointing revenue.

Following that isn't that that governor Chris Christie maybe legalizing online gambling and that top campaign likes him.

That explains that -- let's wait for the both the -- but on the flip side.

Investors fleeing shares of retailer vitamin shop today.

Right so they won't be opening is any sort of they had anticipated actually at an analyst cutting its price target and the latest quarter was not to -- -- it was not seen by the job.

Down big time.

Wall Street the -- up right around the home.

-- -- on them Fed Chairman Ben Bernanke says okay we'll stated this with a wide open.

Load More