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Transcripts For FBC Markets Now 20130729

this is a big week for the economy. we are also talking about mideast which is a huge topic in d.c. today. we have nicole petallides on the floor of the new york stock exchange to start us oof. nicole: we are seeing a market that is under a little bit of pressure. we have had five straight weeks of gains on the dow. you did mention some of the names that are weighing on the dow. two huge groups that really weigh on the market today. financials and energy. also, chevron and exxon are weighing on the dow. you are seeing energy as a laborer as well. johnson & johnson actually hitting a new high today. a new 52 week high. wells fargo said you should buy the shares at the current level. with this, the stock is up about one third of 1%. back to you. connell: more to come from new coal. president obama said his treasury secretary onto a sunday talk show. clearly trying to shift the focus. he had a little trouble in doing that. watch this. this is supposedly behind us. it has bee

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