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Transcripts For FBC Markets Now 20131003

On october 17th, the u. S. Credit rating now under a microscope. All of this really has just continued to snowball and put some pressure on the markets. We have a lot of down arrows across the board sector to sector, all 30 dow components have been in the red most of the day and the vixx, the fear index, is higher. Whats dragging on the dow, some names related to aerospace and defense because with the Government Shutdown a lot of the employees who would normally do some of the inspections are not available to do that. For example, the blackhawk helicopters and other aircraft weapons, so Liz Macdonald has been on this as well. Just talking about the fact that now these companies, United Technologies and boeing are under pressure, and United Technologies ....

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