You're watching...
FBN’s Diane Macedo breaks down the stories moving the markets ahead of the trading day.
Also in this playlist...
Auto-advance: ON
Auto-advance
This transcript is automatically generated
-- is appreciated and for those you just tuning in.
About thirty seconds -- the top of the hour and about a half an hour ago we got the final jobs report before the presidential election.
Fox business's Peter Barnes that the Labor Department now to recap.
All of us on those details I've -- -- Peter.
Again and unemployment rate rising to seven point 9% in October as expected little rebound from the seven point eight in September nonfarm payrolls rising -- 171000.
That was.
More than expected analysts said expect about a 125000.
But we did get some upward revisions as well in August and September.
That showed an additional 84000.
Jobs created and those two months than previously reported but.
The Labor Department continues to struggle were heading into Election Day twelve point three million people who want to.
Get a job are still unemployed still looking for work the number of those who have been unemployed for.
Long term for more than 27 weeks is.
Five million that is relatively unchanged and the broader number of unemployment and underemployment.
The so called U six was at fourteen point 6% in October that was down just.
110 of 1% so that remains stubbornly high Diane yeah.
-- Peter by -- -- know your name that's Peter Barnes live and Labor Department beaten -- -- okay thanks.
And less than thirty minutes away from the opening Belichick a quick look at markets again they did get a bit of a boost on this report futures are now up fifty points for the Dow.
About three points at seven point there for the S&P about eight points and the NASDAQ let's go over to the -- -- a -- -- now.
On the floor of the New York Stock Exchange to see what can come of the trading day ahead of a cynical.
Good morning Diane morning everybody loudly -- a great day on Wall Street yesterday the traders are all back here once again many of them talking about.
No power and how they got here but.
Some -- shape or form they get here and the NYSE is still being powered by generator today the free food is still.
Here and available to all the folks working in this building as far as the markets are concerned we're seeing up -- Bank of America and Citigroup are looking good.
Trip advisor coming in with its earnings per share -- did Priceline.
And both of those things are looking really good today.
You can -- linking to that say that -- -- group.
How about Starbucks they've boosted their outlook and that's one that we've been watching it and also got upgraded dividend -- well to Starbucks is looking like a winner.
On the downside -- -- out of the retailer gas has a down arrow First Solar.
They did get a downgrade over Eric Cantor Fitzgerald by the way for First -- in the monster energy drinks still under some scrutiny about the safety of their drinks though they have.
Held strong on the facts that so far so good for them name different RC and.
All right that's Nicole Petallides from the -- floor of the New York Stock Exchange there and as a New York City area struggles.
To recover from hurricanes any residents in Staten Island say they're not getting the help.
That they so desperately need are on Adam Shapiro is there with the latest on the ground -- good morning Adam.
Good morning Diane I'm in Midland beach and I just want to give you a sense of how high the water was it was above I'm 62 and it actually went into this house.
This is higher than I am obviously -- went into the front over now take a look.
-- hunter avenue here in Midland beach take a look at some of the devastation from this you can see this house right here.
It's clearly a loss it's already been condemned by emergency response people.
Across the street he can see water pushing things out of the way this car obviously destroyed these two houses are now condemned.
We're gonna come back here in about five minutes wanna speak to a woman who survived all of this and the complaints you hear out here first why is New York City.
Setting up hundreds of Porta pots -- -- for 40000 marathon runners when the people here are still waiting for electricity food water and some kind of response from the city you gonna hear all about that.
From the the mouth of a victim of this horrible tragedy in just five minutes back to you -- An unbelievable that Adam Shapiro there from -- island thanks Adam.
Let's take a quick look at commodities now we are seeing oil and gold to the downside this morning -- down about twenty cents -- hour on 87 dollars a barrel gold seven point box.
At 1695.
Announced Imus in the morning continues right now on Fox Business.
Giving you the power to --
