lauren simonetti is on the loor of the new york stock exchange. >> this is an excellent day on wall street. the nasdaq is up a solid 2%. it is a winning day here. the level is 16.67.

lauren simonetti is at the dow. lauren: it is the final day in the month of october. the broader market up about 5% this month. despite the down arrows we are seeing this morning. the chicago pmi number really strong. huge upside surprise. maybe the economy is a little bit stronger if we see a follow through with the national isn tomorrow suggesting a taper may be sooner rather than later. we also have a talk about facebook shares. this is up 18% after the hours. soft this morning. investors are concentrating on choosing younger teens back in school not using facebook as much. also facebook is not increasing the frequency of it as they show the users. some analysts comments. i see one downgrade, at least 12 brokerages are raising their price targets on the stock of the same time. 7250. back to you. connell: now let's get to these numbers on the president. president obama's job approval has dropped to an all-time low. 42% of americans approve, 41% disapprove. dagen: monica crowley fox news exhibitor and host, where does it go now that he has kind of been exposed for no

lauren simonetti down on the floor of the nyse. lauren? >> ashley, that is exactly what it is. we'll take any good news. we got hit hard over the past 10 days with the partial shutdown. the dow industrials are three or four paints away from the highs of the session. everything is sharply higher. even the nasdaq is popping 2%. financials, banks, credit card companies are leading this market. everything is up. the only sign of weakness is some utilities out there. that goes to show you investors are not playing defense anymore. that popular vix index we like to talk about? remember that spiked to 21 for the first time this year yesterday? it is down substantially now, to under 17. that is a 4% decline. investors wanting to buy today, looking to d.c. as the reason. lori: thank you, lauren. senate democrats at the white house today. we go to our peter barnes live at the white house for us with the latest on the washington melodrama, peter. >> the latest meeting here at the white house, lori. the senate democrats are over here right now talking to the president about next steps on t

adam: lauren simonetti, thank you very much. nicole: we're about 30 minutes away from the latest fed decision. i'm ready for it and excited about it. stocks are pulling back just ahead of the statement, we hit record highs today. are we expecting a taper? likely not. but investors keep an eye out on all of this, and they will focus on the central bank language. pnc asset management group chief investment management bill stone joins us. we're glad you're here on this very important day, bill. before i get into your strategy and the markets, let's just talk about the fed. what are you looking for? >> i think you hit it on the head. not a lot of suspense what they actually do, i think if they didn't do anything in september in terms of reducing the purchases they're certainly not growing to do it today. what is more important, and you hit it right on the head exactly, is what do they say? i think it's going to be hard to read a whole lot into it. what you will really end up takeing a way from it what we've known for a while which i

lauren simonetti at the new york stock exchange. lauren: absolutely, dagen. stocks are flying, all three indices up at least 1.5%. a broadly higher market. if you look at the bills, a little bit later than the temporary adjustment to the debt ceiling. the yield on those have actually doubled today, that is something to point out. you don't want wall street like washington as we have been the last 10 days. we have a sign of progress and washington is responding to that. back to you. connell: we're going to talk about china here in a moment. thinking it will get paid after today. dagen: china only on the small percentage of our private debt. you know who owns most of it? social security. connell: that is absolutely true. you ruined my transition because we're going to talk about another issue in china with jo ling kent. the chinese are using, more gas than we are. my day is ruined now. dagen: a winning day on wall street, here are some of the winners on nasdaq. connell: a lot of news this hour. china now has taken over as the largest importer of oil in the worl

lauren simonetti with more. lauren: we do have stocks, 65 points, nasdaq the big loser today down a full percent. the s&p 500 down by half of 1%. if you look at the dow 30, 26 stocks in the red. yesterday we close with 27 of the dow components in the red. looking at the advanced decline line, sharply lower market. beating advancers by market of 2-1). jcpenney the standout, the stock is up nicely. down 60% this year but getting a boost today despite a downgrade. they put out their september sales numbers and the sales in september much better than in august showing improvement particularly in some of the high-volume portions like women's apparel, which is their biggest segment. investors are liking that, maybe some liquidity concerns are subsiding a little bit. back to you. dagen: the shutdown in its eighth day. the headline on "the new york times" will have you believe fiscal armageddon is coming. look at this, default threats generates fear around the globe. a few sections in, doesn't seem so bad. look at this.

lauren simonetti on floor of the exchange. lauren i too love candy corn. i can't believe you're a candy corn hateer? >> i try it. not a complete hater. tracy: come on. ashley: is that un-american? tracy: totally un-american. tracy: you have to talk about exxon but i was more concerned about the candy corn. >> i love you're in the spirit of halloween, tracy. tracy: i am. i have a little orange going on. >> i love it. i have black which is kind of boring. talking energy earnings. three stocks all to the upside, conoco, exxon. exxon is actually up 1.8% right now, but contributing nine 1/2 positive dow points. basically the dow would be down without exxon. this is from exxon the world's largest publicly-traded oil company earnings report. profits were lower but beat expectations. production higher but profit margins thinner. it's a western. back to you. tracy: thanks, girl. see you in 15 minutes. >> okay. tracy: president obama plays offense as new polling finds his popularity is at new lows. we have details ahead in the fox minute. ashley: the faa changing it

let's go to lauren simonetti on the new york stock exchange. talk a about a sector, banks are really happy. cheeyl showed us big movers, the breadth of this rally is i am -- impressive. >> all of these names in the green, really a strong day. i really want to point out when we started government shut down, the dow closed at 15,029. the shut down not affecting wall street. it is debt ceiling and default has people worried. we might have a deal. cheryl: we might have a deal. lauren, in the last hour you're looking best buy, the stock is jumping. top performer in the s&p. >> top performer today and top performer this year. consumers are shopping there again. the discounts, they're not too much at this point. david: by the way a big office merger. office depot and officemax. they're merging. as a result their stocks are way up. [closing bell ringing] it is not the specifics of individual stocks. it is impressive as some are. the breadth of this rally. the dow jones industrial average is 316 points to the green side. look at that rally, folks. first

lauren simonetti is there. we're off the lows of the day. i'm looking, yes, we are. >> off the lows of the day but still broadly lower at this moment. i like to look at the advance-decline line to see how many stocks are up compared to down. right now here at the new york stock exchange, one is up for every five that are down. certainly a broadly lower market. even alcoa, that's where i'm standing right now, is down. this used to be a dow component. it trace additionally the first major company to report on the quarter, and they will do so today after the bell. the expectation for the aluminum giant is a nickel a share on revenue of 5.$63 billion, adam. investors like to watch alcoa. it's a bellwether, an indicator of the global economy. as you know yesterday morgan stanley downgraded the company to equal weight from overweight. they're concerned about lower aluminum prices. there is also concerns about demand out there. so we're watching alcoa. we'll bring you the full earnings report, everything you need to know, to trade on "after the bel

lauren simonetti has more on the story and other top business news this morning. good morning, lauren. >> griet news f great news for start the week. gas prices are down all over the country. average price 3.35 a gallon. you have likely saved $0.23 filling up this month. experts say this is because crude oil price cuts have moved down the price chain. look at the most stolen vehicles by make instead of model year. honda accords nearly 59,000 of them stolen in 2012. the most popular among feeds are from the 1990s. honda civic is another frequently stolen car. pickup trucks including ford and chevrolets from 200 to 2007 and toyota camry. car thieves are going for older cars or newer pickups. something to think about. at the weekend box office "gravity" was the claer winner rocketing to number 1 with $55.6 million. the warner brother's movie starring sandra bullock and george clooney trying to navigate back to earth after the destruction of their space shuttle. the mochallenge took the second spot with it 1 and a ha21 and a and runner runner came in third. >> lauren

lauren simonetti, good to see you, have a good day. >> you as well. as >> see you tomorrow. >>> a lot of people froes rated ovefrustratedover the governmene taking to social media to show their disgust with congress.rs. >>> the redskins coach talks about theh timing the by week. that is coming up next. ♪ [ engine revs, tires squeal ] [ male announcer ] since we began, mercedes-benz has pioneered many breakthroughs. ♪ breakthroughs in design... breakthroughs in safety... in engineering... and technology. and now our latest creation breaks one more barrier. introducing the cla. starting at $29,900. ♪ >>> well in back to fox 5l inac morning news.ne day two of the government shutdown and while we havee we talked a lot about closedosed memorials and museums and even the panda cam, it's quickly getting real for federal workerl in the area who are not getting paid. >> on our myfoxdc.com, one on wrote, i'm an essential employee working on an iou. you hope my mortgage company, my son's college tell the billbi company to take ious. >> i'm not a government

lauren simonetti, sandra smith. lauren, you're watching for aig. >> i am. trading flat as you can see right here at the post, liz, ahead of its earnings we're going to pay attention to the conference call tomorrow morning. the x item earning estimate is 94 cents a share on revenue of $8.63 billion. you've got to think good weather, favorable weather in this hurricane season. we still technically have a month left, hurricane season should work nicely for that company. then we're looking at first solar, stock's down coming into earnings a little bit. 99 cents a share, revenue of $988.6 million. new subsidies in china and some other emerging markets helping this company. of course, it's a critical gauge of where the entire sector is headed. and finally, gold under pressure lately as is newmont mining. this is a that's down 41% this year, and it's down more than 2% heading into its earnings. the eps, 32 cents a share on revenue of $2 billion. liz, back to you. liz: okay, thank youment how compelling watching lauren down on the floor and same with sandra. differ

dennis: let's go to the stock exchange, lauren simonetti, one of the dollar's new members, visa, day. >> it is a member of the doubt, you are correct. and $1.85 a share. and double digit, for the last five years. nice games for visa added to the dow partially because of that. the use of plastic helping out, it is down today and so are their rivals. and american express, and it did hit a high today, three other dow components, general elector, as well as 90. four down stocks hitting highs, the market hitting highs coming down a little bit, the dow is down 11 points and the nasdaq down 12 ntsb down 3.5. dennis: thanks very much. cheryl: fox business stock radar and we are looking at general motors. $700 million in earnings down 53% year over year, revenue $39 billion. north america doing well, 15 quarters for general motors, year chart. the stock is up 40% over the last year. they took a government bailout. board did not. if you compare ford and general motors, look at actually the side-by-side comparison which is similar for ford and general motors. that is one thing i wanted to look a

lauren simonetti, take it. >> they're having a conference call as we beat. you can see the stock is moving in after-hours up four bucks from the close of 50.31. nice movement here. profit for first solar, more than doubling in the quarter. top line soaring because of revenue gains from california solar plant as well as some sales in china. but we do want to point out here, first solar has cut their full-year, not the profit forecast but their revenue forecast, so that is something we're also watching. but this stock keeps getting a bid higher as the conference call is on going. back to liz and david. david: 10% jump after-hours. liz: java jolt coffee prices. you mentioned yesterday. lowest in four years yet your morning cup of joe is still costing a pretty penny. we'll find out why later in the hour. david: like oil and gas. businesses were supposed to get a temporary break from obamacare, remember that, but a blockbuster report just issued by the national federation of independent business showing that small businesses, small businesses are the ones actuall

lauren simonetti from the fox business network has the latest for us. lauren. >> good to see you again. it is kind of crazy on wall street. we have a standoff on washington and a we have a selloff on wall street. stocks are down this columbus day reversing last week's gains. thursday and friday the dow surged a combined 434 points on those two days alone on a hope for deal to avoid default on government borrowing that optimism turning into pessimism today as the weekend negotiations in congress stalled. the dow as you can see giving up another 58 points. in just three days from now the government will likely deplete its ability to borrow money and focus shifting to the senate to stop that from happening. leaders harry reid and must have mitch are trying to craft a compromise. both the house and session are in session this columbus day. wall street is watching but sees no guaranties and unprecedented debt default will be devoided -- avoided. nothing will be market or wallet friendly if the u.s. does in fact default. we will start to see the pressure on t

lauren simonetti is heers need . good morning, lauren. >> good morning heather and good moef morning everybody. recall on nissan path finder because of the anti-lock breaks. owner of the path finder crossover suv's and infinity jf 35 and qs 60 need to bring the vehicle in to dealers to have the breaking controls reprogrammed. >> thanksgiving right around the corner. good luck finding a deal on your air fair. average ticket prices are up more than 9 percent. lacking to get away for thanksgiving week they are crunching data from tral loss city are showing these cities with the biggest fare hikes. if you are headed to tampa expect to pay 15 percent more than last year 14 percent rise for atlanta travelers and 10 percent for washington, d.c. and chicago. lots of travelers looking to escape the cold weather especially ehere in the northeat and head somewhere warm. christmas air fair is up more than 7 percent from last year. that's according to a ticket o processing firm. you will be paying more at mcdonalds. they are rebr

for more on that, we turn to lauren simonetti for live fox news. good morning, lauren. >> good morning.>> >> let's take a look at the markets from yesterday, and whah is happening today, the day da after the shutdown?down? >> well, let's talk about yesterday first, this is thet, final day of the month, and thee quarter, we had down arrows,ros, talking about the government shutdown, which did happen overnight. after the government shutdown, we're seeing surprising calm ca after the storm. we have futures up across the board, dow futures indicated higher by 56 points, the nasdaq, and s&p 500, go figure, i guess, investors are saying, this the 18 shutdown since the late 1970s, we're worried about what is going to happen in the mile of this month, the debt ceilingl debate. the government shutdown, no no effects right now here in the u.s. on markets here or belief e it or not, asia closed up and europe is trading higher at the moment. >> we will continue to watchh that. >> let's talk about the fast the food industry, apparently it'sty not as fast as it

lauren simonetti from the fox business network is here to explain. >> looks like jp morgan chase agreed to pay 13 billion to settle allegations surrounding the way it handled mortgage packed securities for the lead up in the 2008 financial crisis. the deal is not yet final but 9 million of the 13 billion to cover penalties and fines. the remaining would go to relief for struggling home owners. they will fine bank of america for 6 million in the role for misleading angs agencies. both are setting aside 10s of billions of dollars for legal aid sometimes that's more than they are bringing in. the bank could be taken apart disastrous for consumer and businesses that rely on chase for loans. a black eye for microsoft the company is pulling latest dwoins update called windows rk 1. the snafoo is a big embarrassment for can psych soft. the surface tablet was hardly a hit. the next edition the surface 2 come out tomorrow. gravity for the third week in a row took in another 31 million over the weekend. the only one i saw there was captain phillips. >> i want to see that and gravity, too. >>> com

lauren simonetti has more on the news and other business stories this morning. >> the government shut down could delay your tax refund by one week maybe even two weeks. the final season was set to begin january 21st but the government shut down pushed that back to at least january 28th and possibly the 24th. some rely on time lie refunds to make ends meet. they need time for the program to test the new processing system in place. so they need an actual week or two. we will find out for sure in december. this does not effect your tax return. that is still due as always april 15th. number two, this refund situation can be delayed again if the government shuts down again when the budget talks resume in january. not good. if you are planning to do holiday shopping on amazon.com you are not going to like this story. customers must make purchases at least $35 to qualify. i love free shipping. for those college bound and writing tuition checks. tuition is up but it is rising at the slowest pace since 1975. there's an increase of 2.9 percent. this comes from the college board and tuition at p

lauren simonetti from the fox business network has that and the other top business news. >> despite the government shut down last week turns out to be a great week on the s&p. lawmakers are coming close to a deal for the default but now just three-days away from a deadline to raise the debt ceiling or face the process of an unprecedented default investors are getting nervous. u.s. markets will open today on columbus day. they are expected to open lower. dow town .7 percent which is more than 100 points at this hour. any debt limit deal does not lock in spending cuts. >> netflix may be coming to your cable tv box. they are in talks with cable companies including comcast, time warner and sudden communications to make it available as an app on their boxes. the hang-up in the talks is netflix is insisting the cable temperatures take on special technology to improve the delivery of streaming video. this is a good one. macy's is telling workers they must report to work thanksgiving night. the retailer ranking with 155 year tradition of staying closed on thanksgiving day. it has reportedly tol

lauren simonetti joins us with what we can expect and other top business news. >> today is ustuesday but it wi feel like a friday. the latest jobs probable is due out in an hour's time. they will release the numbers 18 days late because of the government tshut down. it a slight improvement since august 169,000 jobs have been created. the last he's of data considered a clean gauge before the effects of the shut down and the baudge battle kicked in. if you can't beat em you might as well join them. that's why coals is openi-- wh l aes /* kohl's will open at 8:00 and stay open until mud night on black friday. netflix has 2 million more subscribers in the u.s. than rival hbo. netflix say profits quadrupled thanks to success of orange is the new black and house of cards. the biggest percentage of viewers use netflix to watch season after series like the walking dead and scandal and breaking bad. we like to call that binge watching. i have been known to do that. >> guilty. breaking bad season 5 right now. >> can't step away from the tv yet. >> united i haven't seen that y. >> you have to.

lauren simonetti from the fox business network live at the new york stock exchange. lauren? >> reporter: hi, jon. we have markets selling off like you noted the dow is down about 59 points. the nasdaq is the big loser today, down a solid percent. the s&p 500, those are stocks most people own in their portfolios and 401(k)s. that measure is down by half of 1% as well. something to point out is volume. seems like many traders are on furlough right now. people are not showing up. volume is light. that means volatility is heavy and we are seeing that today with that vix index up right near 19.7. so we do have a fearful market right now. i want to show you what your portfolio did right when the shutdown started back on october 1st. as you can see the dow is down more than 1% in the past eight days. the other indices are down as well. people are losing money and it is probably going to get even worse since today we're nine-days away from having to raise your debt ceiling, raise the debt limit or else, face default, something that has never ever happened to the u.s. before the obam

lauren simonetti is here to catch us up. hey, lauren. ♪ ♪ jenna: well, right now a look at what's happening on wall street. not a whole lot today. maybe investors are just exhausted, jon? maybe like the rest of us? jon: i am. jenna: right? it's been kind of a tough week. you had the shutdown, the uncertainty over the debt ceiling. the government is open for business, and we're expected to do a little catch up. the last reading that we got on unemployment was back at the beginning of september, and the unemployment reading was for 7.3%. so we're expecting to get a new report next week, and we have a whole bunch of business news to get to. lauren simonetti from the fox business network is with us. >> happy friday. if you look at the dow which is down fractionally, you can say the market's doing a whole lot of nothing, but when you look at the s&p 500, that's a huge winner. the widely-owned index pushing further into record territory with many of its members -- google, facebook, netflix, intuit -- also at all-time highs tod

for the check of the markets we turn to lauren simonetti livemo from new york.ne york hi, lauren. >> good morning. >> let's talk about the market first. investors don't like congressss meddling with the debt ceiling e if you take a look at yesterday's numbers we saw theth dow down 160 points. i think that was bad, take atake look at the nasdaq, a 2% with some the big heavy hitters like facebook, and netflix diving 5-6% yesterday, it was so ugly. some relief and that is because janet is expected to be nominated as the head of the the federal reserve. >> she is stepping into quite aa mess. van etjanet, what do we know abt her? >> she is a pro bernanke kind of, she would be that kind of fed. she head of the san francisco federal, and she is known as being right on, and easy toto work, a pleasant person, andon, later this afternoon, president obama is expected to nominate na her, she will be the first womas ever to head a major natural mao bank examine the and the first r since paul roker. >> let's talk about thek abou corporate traveling thing. i'm surprised people are even traveling co

lauren simonetti has more. >> investors finally getting some relief today. stocks are set to open a little higher in the u.s. on the expected appointment of yes, janet yellen. she is an advocate of aggressive monitoring policy if she is confirmed by the senate she would take over for ben bernanke in january and be the first women to head a major central bank ever and the first democrats to do so in 34 year the. it will be an expensive winter for many of us. home heating bills are heating up. natural gas is in more than half of the households those are expecteded to rise 13 percent to an average $667. heating oil users slight break but still shelling out more than 2 grand. and if you are looking to go this winter southwest airlines is offering round trip flights as low as $98. united. delta, american and u.s. airways are matching some of those discounts. travel is between december 14th. and 18th as well as january 7th to the 12th. if you are lacking for crude pric -- cruise prices are at an all time low. some 40 bucks per person per night. doesn't include the

top business news this morning is lauren simonetti from the fox business network. >> it is a data vacuum on wall street with little information being release. investors don't know how to trade and the fed doesn't know what to analyze in the division on policies and interest rates that you pay. in fact the week's most important report is the september survey unemployment. that is due out tomorrow morning. but because of the government shut down it may not come. that is precisely why today's report on jobless will get a lot more attention. 350 people are expected to have filed for jobless benefits that's up from the pray or week. if the governments are down continues in next week the october job he s report would c risk. they collect data in the middle of the month. in this case that would be next saturday. >> the shut down stole the jobs report and may be christmas as well. they expect them to increase 3.9 percent to $602 billion this year. as you can see that is higher than previous years. but they caution the deadlock in washington can make or break the holiday season is to make shopper

lauren simonetti has more on that. >> it is over and the debt crisis averted. stocks this morning are down. nasdaq is lower, too. the market is actually up since the shut down began october 1st. the s&p the stocks that you own your portfolios is higher by more than 2 percent. just a quarter of a percent away from record territory. now the focus to earnings third quarter numbers goldman sachs united health and google are out sued. investors are looking for clues to if the shut down help hurt their business. they know the debt deal is a band-aid. lawmakers will return to the bargaining table setting the market up for more gridlock and more uncertainty. back to you. >> see if they can do a better job next time. >> doubtful. >> funding for obama carry mains in tact. they vow to fight for healthcare law is far from over. elizabeth prann is live in washington to break it all down for us. >> we heard that from lawmakers. the majority of the healthcare law will roll out unchanged. it includes one provision to make sure that folks do take advantage of subsidy or basical

lauren simonetti at new york stock exchange. first of all, talk about what the fed moved, i can say they moved interest rates up a little bit and of course that moved housing stocks down, right? >> yeah the 10-year at 2.527 and we saw homebuilders move lower, sharply lower. ryland down 4%. kb home, hovnanian, red arrows. liz: that was earnings reporting after the bell. >> that was questioned. down 9%. revenue for current quarter below forecast. linked in was a big loser. david: apple, my favorite stock. i'm a slight shareholder of apple. it bucked the trend. >> it bucked the trend but not the tide that could lift all boats. part of the nasdaq and broader market. it was up but stocks overall down. liz: facebook, starbucks and kraft are set to report earnings. still the stocks going into the close. [closing bell ringing] bells are ringing on wall street. david: they are indeed. looks like we have a down market today. it was flat-lining before the fed came out with the decision. this is not a huge loss. nothing terribly unexpected.

lauren simonetti is can traing the market for us. what can we expect to see today? >> calm in the wake of the storm. after a volatile trading session yesterday with the dow falling 129 points cutting into the market solid gain for the month of september and for the third quarter we have up arrows this morning. they are opening slightly higher. the dow about 60 points the s&p up and the nasdaq up this morning. stocks around the world are cautiously higher today. european markets just opening mostly to the upside swe as wel. back stateside it will not be business as usual. the washington shut down may shut down release of economic reports. private data will continue to flow like isa manufacturing in ams and auto makers release the latest sales numbers today. but the construction spending report that one might be delayed. what wall street is really worried about is not the government shut down but the debt ceiling debate. it is the next crisis in washington and it happened in the middle of this month ladies. >> thank you so much, lauren. >> other stories out of washing

let's head over to lauren simonetti with the business network live in new york. >>> hi, there, good morning. >>> like the rest of us it appears that uninvestors areveso growing more and more concerned the longer this shutdown goes gs on. >> we had the dow down 58 points, the s&p lower, and the nasdaq coming off the 13 year high. and this morning, we had arrows across the board.cr we had minor sell-off in the past couple of days, mirroring at what is happening around thet world and as people are looking at u.s. markets and wa we're going to do when we face the debt ceiling limit that happens mid month. >> another thing we got to think about. also the holiday shoppingday sho season, just around the cornerer here, and the national retail federation had good predictions for the shopping season but thee shutdown may change all of that. >> absolutely.bsolu they expect a rise of 3.9% for9 november and december sales to $6.2 billion, that's a good number. however, they caution if the impasse in washington continuesn it could make or break the holiday season, because if shoppers lose confidence beca

let's head back to lauren simonetti. she is on the floor of the new york stock exchange. lauren? >> hi, liz, monster was number one performer in the s&p 500 on a day when almost everything was down. monster was up 3.25%. there is fresh convenience store data that monster beverage sales were up 10% in the month of september. so that is excellent news for the company and for investors, who might have been seeing a slowdown in the energy drink market. so bmo capital markets had very positive comments about this stock and it is a winner today, liz. liz: thank you, lauren. david: well the market wasn't a winner today. we heard a lot of activity in the s&p pits. let's go back there to the cme and larry shover. larry, i hear a lot of shouting even though the market just closed there. >> as the present morass continues to persist the dips are shallow and brief. the longer we march along the path without a deal the ground will become unstable and very volatile. what is impact? gdp, delay of tapering or lastly we could see a rotation into other areas of the world and out of the u.s. for no

. >> lauren simonetti fox business network has more on the markets and top business news this morning. >> hi ainsley, hi heather. 18 government shut downs in as nearly as many years. experts say no big deal. the dow gained 62 points. investors looking to washington for signs of political compromise. and to the fed to keep the easy money coming. the dow down 80 points. gold considered a safe investment where investors quit their money when they are nervous. even gold prices were down yesterday. the biggest banks as washington gets ready for the next fiscal fight raising the death ceiling by the middle of the month. they are holding the ipo hostage. the lights are on at the scc now funding may be dry putting twitter's expected public listing in jeopardy. prior to yesterday's shut down the ipo was staging the biggest run since 2007. more than 150 companies sold their shares last year. hilton hotels chrysler and the maker of candy crush. a warning to drivers to tell you about this morning. more than 76,000 bmw's are being recalled fears the int ruchgs-- interruption in the power supply an

let let's head back to lauren simonetti on the floor of the new york stock exchange. lauren. >> we're watching safeway. you can see me even better. lights off, lights on this was up 2.5% in the session. that is what the market did, right? after-hours, reporting earnings profits 30 cents a share versus estimate of 16. revenue coming in 8.62 billion. also beating. safeway decided to exit the chicago market and investors like that, consolidation. this will be a winner tomorrow. hopefully the overall market will continue its gains tomorrow. i want to add really quickly, guys i was talking to a bunch traders leaving the floor. that is why we're down here. we give you the pulse of the market. they think the stock market was up today besides washington that investors are starting to give them orders. they were sitting on sidelines past couple days. that money is coming back. cheryl: good point about safeway, they still have a strong west coast presence. that is strong stock and they have a lot of strength out there. lawyer rin, thank you very much. >> america may move up as

a lot of good stuff happening this hour including our own lauren simonetti at the new york stock exchange. let's talk about the vix first of all. as liz mentioned at the 3:00 hour, this is the highest level since january. >> right now the vix is at 20.29. that is a sharp increase. if we closed above 20.49 that is highest volatility in 2013, david. liz: utility stocks are bucking the trend in the market. there are not many food stocks to name but at the moment it is utilities and some consumers names. >> staples and utilities were only two of the 10 sectors we like to watch that were in the green. [closing bell ringing] we took another leg down right now. 160. who knows what will be in the green at the close. david: man, definitely a selloff at the end of the day. facebook and social media sites were down significantly. facebook down 6 1/2%. look what happened in the last seconds of trading here. we saw very downward movement, liz. it ended up down about 160 points. looks like it is settling off that a little bit. not low point of day. all indices are on the red. crash may be a landing. li

head lack to lauren simonetti watching the tape. >> this stock one we're talking about now and certainly we'll talk about tomorrow. shares are rallying in after-hours. this stock closed up to $49. nearly 5for the bid/ask. this is huge double-digit percent gain. look at some of the fundamentals here. in last quarter, q2 41% of ad revenue came from mobile. facebook got that up in q3 to 49% of ad revenue is coming from mobile. that is a nice jump there. a 25% year-over-year increase in daily active users. and an 18% year-over-year increase in monthly active users. now 1.19 billion strong. revenue by the way of 2.02 billion was a 60% increase of the back to you. liz: okay, lauren, thank you. david: here with more on facebook's earnings is tom forte, telsey advisory group managing director. also dennis kneale is still with us. tom, let's talk about mobile first of all, about a year ago everybody was wondering would they be able to make the jump top mobile ads. it seems clear they made the transition, no? >> definitely. if you look on percent of advertising revenue, they reported that 49% of t

come on in, lauren simonetti, tell me about j.c. penney. >> the stock opened to the upside and now by 2 1/2%. there's two pieces of news. the first piece came around 5:30 this morning, downgrading j.c. penney and they don't see the positive upside to the stock and the turn around. they downgraded them to neutral and have the price target. that's pretty bad. two hours after that, we saw j.c. penney give us the store sales and showed a big improvement over the month of august so that's the positive news. j.c. penney is doing well comparatively in fine jewelry and women's apparel. that's the largest part of their business. now, it's only up 2 1/2% right now because the sentiment because of the liquidity concerns on the floor. and people i hear about it, it's bearish, stuart. stuart: if we would have put it on death watch, however, we didn't. quick for you. >> yes. stuart: we're following the three big names we follow frequently on this many pra. apple closing in on $500 a share and the stock is down 9% this year, 488 this morning. roug

to lauren simonetti on the floor of the new york stock exchange. the dow winners? >> we have a broadly higher market. you can see this on the leadership on the dow. j.p. morgan up 2%. intel up almost 2% and nike higher as well. so you've got financials, tech, consumer stocks in there and also, j.p. morgan reports tomorrow morning. stuart: you're right. >> we'll continue to watch it. stuart: it's a sea of green as we say and we kind of like that. let me show you netflix, everybody. it may have a competitor. would you believe twitter? >> yes, twitter made a deal to stream content from comcast, which owns nbc properties. right? that twitter, who would have thought. this goes directly up against netflix, the shares of netflix up 12 bucks in a strong market, but twitter may now be a competitor for netflix. i thought it was just 140 characters, but they're talking streaming now tv shows. we'll ask clayton morris about this next hour, is this the start of the domination of the living room via twitter? i find that hard to believe, but we're certainly going to ask him. back

lauren simonetti is here with our market outlook. lauren. >> hi, jenna, if you're keeping track and we are, we're nine days away from the government shutdown and eight days away from potential default on our debt. where does wall street stand? they were down 160 points yesterday and now we're down about 22. investors are looking for some relief today. not sure they're finding it. the positive is the expected nomination of janet yellen at next head of the federal reserve. if confirmed by the senate she will be the first female to lead the federal reserve and first democrat since paul volcker in 1979. she is proponent of more money printing. that is why the stock market likes her. that is not what we're talking about today. we need to know what will happen today and next three hours from now. the fed will tell us why they sided not to taper last month. you remember how that decision surprised everybody on wall street? in the next few days if there is no kumbayah moment in d.c., and debt limit is not raised, we could see stock markets a

lauren simonetti has been handed them on the floor of the new york stock exchange. she's about to share. >> it was not a good report, guys. we're in day ten of this government shutdown and we just received word that the number of americans filing for jobless claims spiked to 374,000 last week. that was an increase of 66,000. remember last week's number, really good. 308,000. so we jumped pretty dramatically in this past week. it's state data, so we can get it even though the government is shut down. >> brian: it's crazy! what would cause that? i don't remember a projection being off by this much. if you're furloughed, you shouldn't be listed as jobless, should you? >> the prediction was off by a lot. we were looking at 310, 311,000. so such a small increase and we got this huge increase. the markets responding pretty favorably to this. futures are still up pretty sharply here in the u.s. we're going to have a much higher open. i guess everyone is look for and bracing for a kumbaya moment in d.c we're on day ten of this government shutdown and the markets down 325 po

. >> steve: fox business reporter lauren simonetti is live to break it all down for us. >> good morning. i can't do the chinese for you, but i can do the interpretation and the wall street interpretation that everybody with investments should watch out for right now. we're in day eight of this government shutdown and we're nine days away from the potential debt default. everybody is worried, including china. largest holder of u.s. treasuries. they hold $1.3 trillion with a t. they are saying this comes from their vice finance minister, that the u.s. must prevent a debt default to insure the safety of chinese investments and the global economic recovery. then he adds, says the u.s. fully understands the lessons of history. what he's referring to is the summer of 2011, back in august of 2011, the dow fell 5 1/2 percent in one week after standard and poors downgraded the u.s.'s perfect credit rating for the first time in history. so in nine days from now, if we can not pay our bills, social security doesn't go out, this would be catastrophic not just for the u.s. markets, but for the world