This Day On The Street
Continue to site
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

THE RACE: Stumping Resumes Before Key Jobs Report


Five days before Election Day, the storm-driven lull in presidential campaigning is clearly over.

Both President Barack Obama and Mitt Romney charged into battleground states on the eve of the last big government economic report before next week's election: Friday's unemployment report for October.

It should show whether previous month's jobless rate decline â¿¿ to 7.8 percent from 8.1 percent â¿¿ was a fluke or part of an improving trend.

Any sign of continued economic strengthening could be a big boost to Obama. High joblessness has weighed on his re-election bid.

Likewise, the weak economy has been Romney's strongest card, driving his claim his business experience gives him the know-how to revive the economy and create jobs.

Three economic reports Thursday suggested consumers are regaining their economic footing, sending stocks sharply higher.

The Conference Board said consumer confidence soared to its highest level since early 2008. Payroll provider Automatic Data Processing said that businesses added a solid 158,000 jobs in October. And The Institute of Supply Management said manufacturing expanded for a second month.

After focusing the past three days on monster storm Sandy, Obama campaigned in Wisconsin. "When disaster strikes, we see America at its best," he told a rally in Green Bay. "There are no Democrats or Republicans during a storm. Just fellow Americans."

He also planned stops in Colorado and Nevada and will spend the night in pivotal Ohio, where he'll be Friday morning when the jobs numbers come out. Presidents traditionally get a private peek at the numbers the night before.

Romney campaigned Thursday in Virginia, telling a Roanoke crowd, "This is a critical place for us. Turnout here makes an enormous difference."

Supporters chanted "five more days."

Chuckling, Romney said, "We're going to have to come up with a better slogan tomorrow â¿¿ or a different one at least."

1 of 2

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Real Money

More than 30 investing pros with skin in the game give you actionable insight and investment ideas.

Product Features:
  • Access to Jim Cramer's daily blog
  • Intraday commentary and news
  • Real-time trading forums
Only $49.95
14-Days Free
14-Days Free
AAPL $93.74 0.00%
FB $117.58 0.00%
GOOG $693.01 0.00%
TSLA $240.76 0.00%
YHOO $36.60 0.00%


Chart of I:DJI
DOW 17,773.64 -57.12 -0.32%
S&P 500 2,065.30 -10.51 -0.51%
NASDAQ 4,775.3580 -29.9330 -0.62%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs