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Video: 'Surprising Strength' in Pharma & Banks

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Published: Tuesday, 24 Jun 2008 | 5:27 PM ET
By: CNBC.com

What's driving the market on Tuesday afternoon? Bernard McSherry, of Cuttone & Co., checked in with CNBC.

Late Afternoon Trading Buzz
Bernard McSherry, of Cuttone & Co., has the late afternoon market buzz.

"The good news is we're not drowning -- we're treading water," McSherry said.

He pointed to "surprising strength" in pharmaceuticals and financials -- but cautioned investors: "You've got to be selective."

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What's driving the market on Tuesday afternoon? Bernard McSherry, of Cuttone & Co., checked in with CNBC.

   
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