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Markets Turn Negative Early in Trading After Jobs Release

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    FBN’s Stuart Varney breaks down the stories moving the markets early in the trading day.

  • Duration 0:59
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Big jobs report out this morning it is the last snapshot of the economy before the election.

When people think about -- column is they vote this is what they will be thinking about.

Seven point 9% total unemployment that is up from last month because more people into the local -- What is called real unemployment including people who are unemployed and looking for -- -- -- -- and don't want it that number is fourteen point 6%.

After the stock market -- down a little -- most down fifty points for the -- look at oil.

Falling this morning big time down about sixty to 85 dollars a barrel.

And I for the price of gas nationally and also low we've broken below 350 a gallon.

That's a good price if you could find it.

In new York and it does -- have a huge gas lines.

Most stations don't have power so there are huge lines of the few stations that do and -- are running out quickly.

This could soon turn into a very ugly -- major crisis.