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Consumer Confidence Hits Highest Level Since Feb. 08
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FBN’s Stuart Varney breaks down the stories moving the markets early in the trading day.
- Duration 0:58
- Date Nov 1, 2012
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FBN’s Stuart Varney breaks down the stories moving the markets early in the trading day.
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Hi this is a big jump.
The stock market nicely higher thank you very much the Dow Industrials -- under the 56 points up with some of those eighteen to fifty.
The Dow is up -- -- opening bell -- even goal when we got consumer confidence numbers top of the hour.
Highest level by the consumer confidence index since February of -- -- We also got a couple of readings on jobs the ADP report showing the private sector had at a 158000.
In October.
Weekly jobless claims 363000.
Seems a pretty wild swings in the numbers we Aussie.
As for the price of oil -- 86 dollars and about.
Gas prices still down and falling national averages 350 now that's a loss of 28 cents on month.
The prices could spike.
If that becomes a scarcity on the East Coast -- could have -- as we've been saying big gas lines in New Jersey that's a gas prices.