Enter multiple symbols separated by commas

Another Mid Day Drop

Another midday drop out of nowhere, this time during the lunch hour, when the Dow dropped 140 points in a few minutes.

Pick your reason:

1) A Reuters headline: Euozone has no plans to rescue Italy, that hit near 12:30 PM ET,

2) The toxic combo of credit deterioration in Europe, DC deadlocked on debt negotiations

3) Large demonstrations in Athens.

Occupy Wall Street fallout? Notice Sallie Mae down 8 percent today. The Consumer Financial Protection Bureau, a Dodd Frank creation, says it is planning to collect public comments on private student loans.

Sounds like they are looking for signs of overcharging or other malfeasance. Traders note the administration is likely gathering info next year to show they are cracking down on exessive student lending fees and charges.

Bookmark CNBC Data Pages:


Want updates whenever a Trader Talk blog is filed? Follow me on Twitter: twitter.com/BobPisani.

Questions? Comments? tradertalk@cnbc.com

  • Bob Pisani

    A CNBC reporter since 1990, Bob Pisani covers Wall Street from the floor of the New York Stock Exchange.

Wall Street

  • Robert Shiller

    Nobel Prize-winning economist Robert Shiller says that his key valuation indicator is flashing warning signs.

  • Lael Brainard

    The Fed is in the early stages of an analysis on changes in bond market liquidity, amid signs that liquidity may be less resilient than in past.

  • Bill Gross

    Janus Capital acquired a majority interest in Kapstream Capital and said Kapstream's Palghat will support Bill Gross as co-portfolio manager of the Janus Global Unconstrained Bond strategy.