Midday Report: Cost Cuts Boost FireEye; Crude Oil Slumps on OPEC Worries

U.S. stocks moved higher as investors looked past a solid jobs report toward next week's election. Current polls indicate Hillary Clinton has a slight advantage in battleground states and a wider path to winning the Electoral College. Crude oil prices fell on reports Saudi Arabia could increase production as a freeze agreement among OPEC falls apart. Oil slumped a day earlier on skepticism any deal from OPEC could come from a meeting in Vienna later this month. FireEye (FEYE) - Get Report surged after reporting a far narrower quarterly loss than expected thanks to cost-cutting measures. The company announced a series of job cuts three months ago. CenturyLink (CTL) - Get Report rose after selling its data centers in a billion-dollar deal to fund its purchase of Level 3 Communications. The communications company announced its $25 billion acquisition earlier this week.