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this hour president trump leaves the white house, making way a campaign rally in mississippi. we ll bring you the president s comment if he makes any. stop to speak to reporters on the south lawn. melissa: what are odds he passes up that opportunity? connell: pretty low. melissa: fox business deem coverage. blake burman live at white house. gerri willis on the floor of the new york stock exchange. edward lawrence in d.c. why don t you kick it off. reporter: let s do that. the number of jobs created beat expectations. 128,000 jobs in october. the unemployment rate still near a 50-year low, 3.6. that is exactly what the market wanted to hear in conjunction with the chinese trade talks phase one moving nicely. revisions are story in itself. job totals for august, september were revised up. total of 95,000 jobs. that shows continued strength in the foundation of the economy. then wage growth. wages are growing at 3% offer the past 12 months. that number low enough where the ....
hour plus wework woes the shareholder wants to shelf the ipo we ll have those details and discuss them later it s the momentum crush. investors are fleeing the stocks with the biggest gains and could be a warning sign for the broader market so pay attention power lunch starts right now welcome to power lunch. stocks are under a bit of pressure take a look at the nasdaq. that s getting hit the hardest as the momentum gains are selling off. on the flip side, we have small caps continuing their outperformance from yesterday. up by 1% two headlines affecting your money. stocks did jump higher on a glimmer of hope in trade talks but then they turned right back lower when president trump said that he has fired the national security adviser john bolton over policy differences. that news also sending oil sharply lower. we are live to wrap up what has been yet another very tumultuous day. that s right. another dramatic departure from the trump administration we got a li ....
survivors and law enforcement officials, after being in dayton, ohio. we ll keep you updated on the president s movements throughout the hour. get ready for next contender in the smartphone fight. minutes from now, samsung unveils the new galaxy 10 and 10 plus. what makes it stand out from the iphone. we ll look at results from lyft. shares are currently trading, below their ipo. we ll bring you breaking headlines just as soon as we get them. ashley: back to those markets. the dow as we said rebounding from steep losses earlier today as treasury rates plunged. investors worried about a economic slowdown as the trade war drags on between the u.s. and china. edward lawrence at the while house with latest on exactly where that trade war stands. edward? reporter: ashley, a lot of movement within china now talking about possibly showing this could be a prolonged trade dispute with china of the chinese fully expecting 10% tariffs on $300 billion of additional imports to go in ....
winning streak. retail stocks taking a big hit firms that pose a national after retail sales unexpectedly security threat which could ultimately lead to a ban of fell in april for the second huawei. this is according to reuters. time in three months. connell: we ll have more on the big market movers of the day. scott what do you think of this? we have breaking news from blake it makes common sense if we burman at the white house. think the quip is spy equipment what do you have, blake? reporter: we re expecting why would we let it into the president trump to unveil the new immigration proposal we can u.s.? i agree with you, melissa. tell you here at the white house tomorrow. we had a similar thing with zte according to senior administration officials who sometime ago. gave us a bit of a download there is concern and attention being paid there. earlier today, what the president will be rolling out. gosh, guys, as we ve seen with the china dealings before, i.p. we re to ....
we re going to be speaking with larry kudlow about this and a lot more coming up. hi everybody. this is bulls & bears. i m david asman. joining me is the panel today. first, let s bring in national economic council director larry kudlow who is live from the white house in a fox business exclusive. larry, great to see you. thanks for coming on. larry, you know the media. you were part of the media for goodness sakes. are you really surprised that a trump-hating media won t give the president credit for the economy? well, david asman, yeah, i ve been in the media for a long time. let me just say this, there s some really good reporters out there, and then there s some that not so much. you happen to be one of the really good ones, so you cover the beat. that s all i will say. and i think the president is right. i think that actually you know what? after kind of a dull winter and government shutdowns and this and that, looks to me like we re getting the new life into the ....