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Transcripts For FBC After The Bell 20161007

Coast with the latest update. David want to get you back to the markets before more on the hurricane. The dow inhaving after todays disappointing jobs report. Home depot, united tech, walmart and biggest losers. Gold seeing a big drop for the week although up slightly today. Phil flynn, price futures and fox business contributor has details. Ashley webster on floor of new york stock exchange. Ashley, there was this flash crash of the pound before our markets opened. It kind of turned around but what happened . Reporter asia overnight, david. It absolutely plummeted some 6 just like that going down 114 to the dollar. At one point only cost you 114 to buy a pound. Computer algorithms is best guess of everyone that saw this. It recovered back to 124. In fact at the end of the day the ftse in london outshown the rest of the european markets an gained thanks to a weaker pound. Flash crash, looked at algorithms, picked up a word, gave them jitters, sell orders came in but the. Recovered. As

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