FBC Markets Now October 28, 2013
Techheavy nasdaq which really has been outpacing the major averages right now is down about 1. 5 , and the s p pulling back. Weve seen some names weighing on the dow, but ill talk about whats winning today, and those are some of the consumertype names, names like Procter Gamble and walmart, and theyre doing better today. Weve had three weve had three straight weeks of gains for the Dow Jones Industrials, each one of those weeks was up about 1 . The name thats weighing on the dow today is merck. Merck showed a shortfall, theyve also lost the exclusivity of tear asthma drug, and thats not good n...