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Transcripts For CNBC Power Lunch 20171006

Welcome, everybody, to power lunch. Im tyler mathes the win streak for the s p is clearly in jeopardy on this friday, this jobs day. Mornings job report, the s p, six record closes inthe row. The longest streak since way back in the clinton era, 1997. Financials, the best for forming sector today xlf hitting the tenyear high. The move could be a result of the treasury treasury today recommending looser Financial Market controls repealing sections of the dodd frank act and biotech is on the move with the ipb hitting nearly 2. 5 for the week speaking of highs, netflixs alltime high after it announced price hikes yesterday. Costco surprisingly the worst performer in the s p 500 it is rarely that. But it did report a drop in Profit Margins and that will do it, pete. Michelle the stock is getting hit hard, but we begin with the jobs report 33,000 jobs lost last month. The hurric ....

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