Detailed text transcripts for TV channel - MSNBC - 20111013:13:28:00

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u.s. and chinese economy are pushing futures lower. cnbc's brian shactman joins us now with the market rundown. number one, slovakia back in, so that's good news. >> yeah. >> but what about some of the weekly jobs claims? is that driving the market today? >> well, a little bit, chuck. they're a little change but still above 400,000 and that's not a great thing for the economy. and then we got some word that china's export growth to europe, and it sounds like a little inside baseball, but it's their number one exporter, cut in half from august to september. so that's significant. that's driving us down a little bit. jpmorgan reported their earnings, the first of the big banks, did beat estimates, but it is still down. they're not showing growth, not making a lot of money. the one other thing i want to point out before i get to blackberry, foreclosures over the summer spiked and it's a good and a bad news story. because maybe it's showing the banks are starting to work through that inventory. but to get from the first initial paperwork to the final part of it of getting the house off the books takes 11 months on average. so that's a long time to get these houses through. and research in motion, they say they're working on getting this

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