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Morning Business Outlook: 12/12/12

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    Microsoft increases Surface tablet production

  • Duration 1:24
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Good morning stocks are back to where they wore on Election Day -- gain -- 79 points or point 6% sent the Dow Jones Industrial Average up for the fifth day.

Similar percentage gain for the S&P 500 but it was the NASDAQ that was the big winner yesterday that tech index surging.

One point 2%.

Hopes alive on Wall Street that there will be a deal in Washington to avoid the fiscal cliff.

Overnight -- -- Obama offering to reduce his demands for tax revenues by 200 billion dollars to one point four trillion over a decade.

The focus stays in Washington later this afternoon -- decision on interest rates and monetary policy by the Federal Reserve.

After that Fed Chairman Ben Bernanke speaks to reporters they'll want to know how the Fed's plan to keep downward pressure on long term rates.

It's getting individuals and businesses to borrow and spend.

More -- are up for grabs the Labor Department says US employers advertise more jobs in October than in September or three point 68 million of them.

Not only is that the most since June but it's close to the -- seen.

Before the recession.

And Microsoft is increasing production of its surface tablets they'll be on sale in staples today.

Before Microsoft patents on the surface only online and it's owned stores and those stores will now stay open into the new year -- business -- Marlon not foxbusiness.com.

In new York and -- --

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