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But still red for each of the major indices. Joining us for the full first hour of the show Courtney Gibson from loop capital markets. Courtney, thanks for joining us. Whats your take on today . Investors in a sort of holding pattern, are they, until we get to the fed unbelievable holding pattern. I mean, volumes are down precipitously today. At least they were before i came on the show today. I talked to our equity desk at loop capital and in the u. S. Alone volumes were down somewhere near 30 and even in europe spain was down i think somewhere near 40 on volumes our desk flow today was down substantially as well. It looks and feels as though investors right now are really kind of sitting on their hands markets as you can see, dow down just slightly but recovering back to the highs of the session. Russell is lagging down 0. 7 utilities, real estate the bestperforming sectors. Energy and tech towards the bottom we have got apple ....
markets before a great bull run started after that. just pointing that out. financials among the laggers today. jpmorgan chase has been down more than 1%. here s what the markets have done today. lackluster trading in the open this morning, then a move lower around noontime. it was around the time that facebook hit open. the dow saw its biggest declines there. the same thing for the nasdaq, down 27 points right now. 1% decline right now. we re at the lows of the session at 2786 and the s&p is down nine points at 1295. one hour to go before the stock everybody is talking about closes in the first day of trading, of course. we have a bet on this. remember that, bill? yes, we do. we re of course talking about facebook. the stock opened at 11:30 a.m. eastern, got a pop out of the gate. not as strong as some people predicted. it almost slipped to $38 a share, only to bounce back and to hold on the modest gains into the close. it could be the most heavily traded ipo on ....